North Jacksonville, Jacksonville, FL—32218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Jacksonville, Jacksonville, FL
As of Oct '25, the median home price in North Jacksonville, Jacksonville, FL is $293,000, with a year-over-year change of -3.5%. This indicates that home prices in North Jacksonville, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $293,000 | -3.5% |
| Single Family | $293,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | -6.4% |
3 Bed | $260,000 | -4.1% |
4 Bed | $338,000 | -3.2% |
| 5 Bed | $401,000 | -2.9% |
% of Housing Stock
Rental Trends — North Jacksonville, Jacksonville, FL
As of July '25, Rentcast reports the average rent in North Jacksonville, Jacksonville, FL is $1,890, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in North Jacksonville, Jacksonville, FL is studios: $1,130, 1-bedrooms: $1,150, 2-bedrooms: $1,460, 3-bedrooms: $1,840, 4-bedrooms: $2,220. The most common rental property sizes in North Jacksonville, Jacksonville, FL are 3-bedroom and 2-bedroom, accounting for 37.1% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,890 |
| Studio Rent | $1,290 | $1,130 |
| 1 Bed Rent | $1,280 | $1,150 |
| 2 Bed Rent | $1,550 | $1,460 |
| 3 Bed Rent | $1,850 | $1,840 |
| 4 Bed Rent | $2,200 | $2,220 |
% of Rental Stock
Property Listings — North Jacksonville, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in North Jacksonville, Jacksonville, FL is 60. This is a increase of 13.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -4.0% |
Listing Count | 406 | -11.0% |
| Listings as % of Homes | 1.3% | -11.0% |
Days on Market | 60 | 13.0% |
Demographics — North Jacksonville, Jacksonville, FL
As of the latest ACS Survey released in 2023, North Jacksonville, Jacksonville, FL has a population of 71,100, which has increased by 14.9% over the past 5 years. North Jacksonville, Jacksonville, FL is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 71,100 | 14.9% |
% Under 18 | 26.8% | 6.8% |
% Seniors | 11.7% | -0.8% |
% WFH | 11.5% | 187.5% |
% w/ College Degree | 26.0% | 23.2% |
As of the latest ACS Survey released in 2023, North Jacksonville, Jacksonville, FL is a predominantly black area, with 49.1% of the population identifying as black. The black population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in North Jacksonville, Jacksonville, FL is white, making up 34.8% of the population. Foreign-born residents account for 6.1% of the population in North Jacksonville, Jacksonville, FL, and this percentage has increased by 41.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.8% | -8.9% |
% Black | 49.1% | -6.3% |
% Hispanic | 8.9% | 93.5% |
% Asian | 1.8% | 12.5% |
% Foreign Born | 6.1% | 41.9% |
Mortgage and Risk — North Jacksonville, Jacksonville, FL
According to HUD data as of 2023, there were 1688 mortgage originations in North Jacksonville, Jacksonville, FL, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in North Jacksonville, Jacksonville, FL. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,688 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — North Jacksonville, Jacksonville, FL
As of 2024, the percent of homes in North Jacksonville, Jacksonville, FL under the Section 8 program is 6.9%. 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 North Jacksonville, 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 | 681 |
Total Units Section 8 | 656 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,280 | $1,460 |
| 2 Bedroom | $190 | $1,550 | $1,740 |
| 3 Bedroom | $330 | $1,850 | $2,180 |
| 4 Bedroom | $550 | $2,200 | $2,750 |
Affordability — North Jacksonville, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $293,000 |
| Median Household Income | $68,400 |