Hyde Park, Jacksonville, FL—32221
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hyde Park, Jacksonville, FL
As of Oct '25, the median home price in Hyde Park, Jacksonville, FL is $294,000, with a year-over-year change of -3.2%. This indicates that home prices in Hyde Park, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | -3.2% |
| Single Family | $294,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | -5.8% |
3 Bed | $268,000 | -4.6% |
4 Bed | $333,000 | -2.6% |
| 5 Bed | $396,000 | -1.7% |
% of Housing Stock
Rental Trends — Hyde Park, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Hyde Park, Jacksonville, FL is $1,860, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Hyde Park, Jacksonville, FL is 1-bedrooms: $1,060, 2-bedrooms: $1,400, 3-bedrooms: $1,840, 4-bedrooms: $2,170. The most common rental property sizes in Hyde Park, Jacksonville, FL are 3-bedroom and 4-bedroom, accounting for 46.0% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,870 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,220 | $1,060 |
| 2 Bed Rent | $1,480 | $1,400 |
| 3 Bed Rent | $1,840 | $1,840 |
| 4 Bed Rent | $2,120 | $2,170 |
% of Rental Stock
Property Listings — Hyde Park, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hyde Park, Jacksonville, FL is 60. This is a increase of 9.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $319,000 | -4.0% |
Listing Count | 158 | -4.0% |
| Listings as % of Homes | 1.2% | -4.0% |
Days on Market | 60 | 9.0% |
Demographics — Hyde Park, Jacksonville, FL
As of the latest ACS Survey released in 2023, Hyde Park, Jacksonville, FL has a population of 31,200, which has increased by 3.3% over the past 5 years. Hyde Park, Jacksonville, FL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | 3.3% |
% Under 18 | 24.7% | -8.5% |
% Seniors | 15.7% | 22.7% |
% WFH | 13.1% | 191.1% |
% w/ College Degree | 23.2% | 22.8% |
As of the latest ACS Survey released in 2023, Hyde Park, Jacksonville, FL is a predominantly white area, with 47.5% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Hyde Park, Jacksonville, FL is black, making up 33.5% of the population. Foreign-born residents account for 9.1% of the population in Hyde Park, Jacksonville, FL, and this percentage has increased by 12.3% 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 | 47.5% | -8.8% |
% Black | 33.5% | 7.0% |
% Hispanic | 9.5% | 41.8% |
% Asian | 3.8% | -40.6% |
% Foreign Born | 9.1% | 12.3% |
Mortgage and Risk — Hyde Park, Jacksonville, FL
According to HUD data as of 2023, there were 444 mortgage originations in Hyde Park, Jacksonville, FL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Hyde Park, Jacksonville, FL. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 444 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Hyde Park, Jacksonville, FL
As of 2024, the percent of homes in Hyde Park, Jacksonville, FL under the Section 8 program is 4.1%. 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 Hyde Park, 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 | 141 |
Total Units Section 8 | 140 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,220 | $1,680 |
| 2 Bedroom | $520 | $1,480 | $2,000 |
| 3 Bedroom | $660 | $1,840 | $2,500 |
| 4 Bedroom | $1,050 | $2,120 | $3,170 |
Affordability — Hyde Park, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $294,000 |
| Median Household Income | $82,600 |