Mandarin, Jacksonville, FL—32223
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mandarin, Jacksonville, FL
As of Oct '25, the median home price in Mandarin, Jacksonville, FL is $423,000, with a year-over-year change of -2.3%. This indicates that home prices in Mandarin, 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 | $423,000 | -2.3% |
| Single Family | $428,000 | -2.3% |
| Condos | $156,000 | -9.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | -5.0% |
3 Bed | $363,000 | -2.4% |
4 Bed | $529,000 | -2.4% |
| 5 Bed | $749,000 | -2.2% |
% of Housing Stock
Rental Trends — Mandarin, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Mandarin, Jacksonville, FL is $2,370, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Mandarin, Jacksonville, FL is 1-bedrooms: $1,360, 2-bedrooms: $1,570, 3-bedrooms: $2,130, 4-bedrooms: $3,000. The most common rental property sizes in Mandarin, Jacksonville, FL are 2-bedroom and 3-bedroom, accounting for 52.1% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,310 | $1,360 |
| 2 Bed Rent | $1,450 | $1,570 |
| 3 Bed Rent | $2,130 | $2,130 |
| 4 Bed Rent | $2,750 | $3,000 |
% of Rental Stock
Property Listings — Mandarin, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Mandarin, Jacksonville, FL is 68. This is a increase of 12.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $525,000 | 0.0% |
Listing Count | 144 | 20.0% |
| Listings as % of Homes | 0.8% | 20.0% |
Days on Market | 68 | 12.0% |
Demographics — Mandarin, Jacksonville, FL
As of the latest ACS Survey released in 2023, Mandarin, Jacksonville, FL has a population of 26,100, which has increased by 8.5% over the past 5 years. Mandarin, Jacksonville, FL is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 8.5% |
% Under 18 | 18.7% | -0.5% |
% Seniors | 24.8% | 27.2% |
% WFH | 19.1% | 247.3% |
% w/ College Degree | 40.2% | -5.0% |
As of the latest ACS Survey released in 2023, Mandarin, Jacksonville, FL is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Mandarin, Jacksonville, FL is hispanic, making up 9.1% of the population. Foreign-born residents account for 9.6% of the population in Mandarin, Jacksonville, FL, and this percentage has decreased by 13.5% 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 | 76.0% | -10.2% |
% Black | 6.5% | 116.7% |
% Hispanic | 9.1% | 18.2% |
% Asian | 2.4% | -27.3% |
% Foreign Born | 9.6% | -13.5% |
Mortgage and Risk — Mandarin, Jacksonville, FL
According to HUD data as of 2023, there were 506 mortgage originations in Mandarin, Jacksonville, FL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Mandarin, Jacksonville, FL. Investor activity is low, as 1.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 506 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Mandarin, Jacksonville, FL
As of 2024, the percent of homes in Mandarin, Jacksonville, FL under the Section 8 program is 0.1%. 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 Mandarin, 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 | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,310 | $1,600 |
| 2 Bedroom | $450 | $1,450 | $1,900 |
| 3 Bedroom | $250 | $2,130 | $2,380 |
| 4 Bedroom | $260 | $2,750 | $3,010 |
Affordability — Mandarin, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $423,000 |
| Median Household Income | $91,600 |