How is the real estate market in Jacksonville Florida in 2026?
The Jacksonville FL real estate market has certainly slowed down as of late. While a decline has been ongoing, spring always presents the best time of year to sell.
Jacksonville FL Home Sale Prices
After peaking in 2022, the market took a dive and has been mostly flat/slowly declining ever since. The median home sale is currently hovering around the $300,000 mark.
Jacksonville Listing Inventory
Active listings are way up, and sales are down. While inventory traditionally slips lower during the winter, the overall trend is up and springtime usually comes with a flood of new inventory. Although seasonal trends always continue, sales have been falling overall.
Short Sales and REO's in Duval County
Although still below pre-pandemic levels, pre-foreclosure, foreclosure and short sale inventory continues to pick up market share.
What's ahead for the Jacksonville real estate market?
Florida market cycles generally last about 5-10 years, so we can expect this flat/downward trend to last for some time to come. Unfortunately many homeowners who bought or refinanced during the peak years have lost value in their homes. When these folks face financial hardships or have to sell, they may find themselves having to come out of pocket to do so, or facing a short sale situation.
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Last Updated on March 13, 2026 by Minna Reid
