Jacksonville, FL Housing Market Report

The Jacksonville housing market as of December 2025 has transitioned into a clear buyer-friendly environment, characterized by cooling prices and extended timelines for transactions. With a median home value of $278,274, the market has seen a 4.21% decline year-over-year. This downward pressure on pricing is further evidenced by a sale-to-list ratio of 0.97, indicating that most properties are selling for approximately 3% below their initial asking price. Buyers now hold significant leverage in negotiations that was largely absent in previous years.

Price trends over the last six months show a consistent month-over-month decline, dropping from $282,359 in July to the current December figure. This steady erosion of value suggests that the market is undergoing a necessary correction after years of rapid appreciation. While active inventory has tightened slightly by 1.06% compared to last year, the time it takes to sell a home has increased significantly. Properties are now spending an average of 98 days on the market, which is 10 days longer than the same period in 2024, giving buyers more time to browse and compare options without the pressure of immediate bidding wars.

Looking ahead, the Jacksonville metro area remains a complex landscape for participants. For sellers, the current data suggests that realistic pricing and patience are essential, as the days of quick sales at premium prices have passed. For buyers, the combination of falling prices and a stable rental market—where rents have remained nearly flat with a marginal 0.39% increase—presents a strategic window to transition from renting to owning. As inventory remains relatively high at nearly 10,000 active listings, the market is expected to remain sluggish through the first quarter of 2026 until seasonal demand or broader economic shifts provide a new catalyst for growth.