Southpoint, Jacksonville, FL—32216
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southpoint, Jacksonville, FL
As of Oct '25, the median home price in Southpoint, Jacksonville, FL is $256,000, with a year-over-year change of -4.5%. This indicates that home prices in Southpoint, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | -4.5% |
| Single Family | $275,000 | -3.8% |
| Condos | $173,000 | -10.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $138,000 | -11.0% |
2 Bed | $189,000 | -8.7% |
3 Bed | $266,000 | -4.0% |
4 Bed | $361,000 | -2.2% |
| 5 Bed | $444,000 | -2.2% |
% of Housing Stock
Rental Trends — Southpoint, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Southpoint, Jacksonville, FL is $1,670, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Southpoint, Jacksonville, FL is studios: $990, 1-bedrooms: $1,160, 2-bedrooms: $1,490, 3-bedrooms: $1,830, 4-bedrooms: $2,260. The most common rental property sizes in Southpoint, Jacksonville, FL are 2-bedroom and 1-bedroom, accounting for 42.2% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,690 | $1,670 |
| Studio Rent | $847 | $990 |
| 1 Bed Rent | $1,200 | $1,160 |
| 2 Bed Rent | $1,500 | $1,490 |
| 3 Bed Rent | $1,820 | $1,830 |
| 4 Bed Rent | $2,100 | $2,260 |
% of Rental Stock
Property Listings — Southpoint, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Southpoint, Jacksonville, FL is 79. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $256,000 | -3.0% |
Listing Count | 199 | 7.0% |
| Listings as % of Homes | 0.6% | 7.0% |
Days on Market | 79 | 26.0% |
Demographics — Southpoint, Jacksonville, FL
As of the latest ACS Survey released in 2023, Southpoint, Jacksonville, FL has a population of 41,300, which has increased by 8.5% over the past 5 years. Southpoint, Jacksonville, FL is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,300 | 8.5% |
% Under 18 | 21.1% | -0.9% |
% Seniors | 15.5% | 9.9% |
% WFH | 17.0% | 314.6% |
% w/ College Degree | 32.3% | 0.3% |
As of the latest ACS Survey released in 2023, Southpoint, Jacksonville, FL is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 13.8% in the last 5 years. The second most common race or ethnicity in Southpoint, Jacksonville, FL is black, making up 23.0% of the population. Foreign-born residents account for 16.0% of the population in Southpoint, Jacksonville, FL, and this percentage has decreased by 17.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.7% | -13.8% |
% Black | 23.0% | 16.2% |
% Hispanic | 16.2% | 23.7% |
% Asian | 6.8% | 0.0% |
% Foreign Born | 16.0% | -17.9% |
Mortgage and Risk — Southpoint, Jacksonville, FL
According to HUD data as of 2023, there were 292 mortgage originations in Southpoint, Jacksonville, FL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Southpoint, Jacksonville, FL. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 292 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Southpoint, Jacksonville, FL
As of 2024, the percent of homes in Southpoint, Jacksonville, FL under the Section 8 program is 6.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Southpoint, Jacksonville, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 844 |
Total Units Section 8 | 600 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,200 | $1,360 |
| 2 Bedroom | $120 | $1,500 | $1,620 |
| 3 Bedroom | $210 | $1,820 | $2,030 |
| 4 Bedroom | $460 | $2,100 | $2,560 |
Affordability — Southpoint, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $256,000 |
| Median Household Income | $63,300 |