Baymeadows, Jacksonville, FL—32256
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baymeadows, Jacksonville, FL
As of Oct '25, the median home price in Baymeadows, Jacksonville, FL is $312,000, with a year-over-year change of -5.1%. This indicates that home prices in Baymeadows, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | -5.1% |
| Single Family | $449,000 | -3.9% |
| Condos | $177,000 | -11.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $135,000 | -11.8% |
2 Bed | $197,000 | -9.6% |
3 Bed | $305,000 | -5.0% |
4 Bed | $576,000 | -2.5% |
| 5 Bed | $739,000 | -1.3% |
% of Housing Stock
Rental Trends — Baymeadows, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Baymeadows, Jacksonville, FL is $1,910, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Baymeadows, Jacksonville, FL is studios: $1,240, 1-bedrooms: $1,270, 2-bedrooms: $1,560, 3-bedrooms: $2,140, 4-bedrooms: $3,500. The most common rental property sizes in Baymeadows, Jacksonville, FL are 2-bedroom and 1-bedroom, accounting for 43.3% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,910 |
| Studio Rent | $1,220 | $1,240 |
| 1 Bed Rent | $1,210 | $1,270 |
| 2 Bed Rent | $1,550 | $1,560 |
| 3 Bed Rent | $1,990 | $2,140 |
| 4 Bed Rent | $3,200 | $3,500 |
% of Rental Stock
Property Listings — Baymeadows, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Baymeadows, Jacksonville, FL is 86. This is a increase of 28.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $305,000 | -4.0% |
Listing Count | 457 | 14.0% |
| Listings as % of Homes | 1.5% | 14.0% |
Days on Market | 86 | 28.0% |
Demographics — Baymeadows, Jacksonville, FL
As of the latest ACS Survey released in 2023, Baymeadows, Jacksonville, FL has a population of 55,500, which has increased by 21.5% over the past 5 years. Baymeadows, Jacksonville, FL is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,500 | 21.5% |
% Under 18 | 18.2% | -3.2% |
% Seniors | 15.2% | 8.6% |
% WFH | 15.4% | 208.0% |
% w/ College Degree | 53.2% | 8.8% |
As of the latest ACS Survey released in 2023, Baymeadows, Jacksonville, FL is a predominantly white area, with 50.8% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Baymeadows, Jacksonville, FL is black, making up 18.1% of the population. Foreign-born residents account for 21.6% of the population in Baymeadows, Jacksonville, FL, and this percentage has increased by 14.9% 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 | 50.8% | -10.7% |
% Black | 18.1% | 15.3% |
% Hispanic | 11.4% | -2.6% |
% Asian | 12.7% | 23.3% |
% Foreign Born | 21.6% | 14.9% |
Mortgage and Risk — Baymeadows, Jacksonville, FL
According to HUD data as of 2023, there were 221 mortgage originations in Baymeadows, Jacksonville, FL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Baymeadows, Jacksonville, FL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 221 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Baymeadows, Jacksonville, FL
As of 2024, the percent of homes in Baymeadows, Jacksonville, FL under the Section 8 program is 1.1%. 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 Baymeadows, 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 | 172 |
Total Units Section 8 | 172 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $1,210 | $1,710 |
| 2 Bedroom | $480 | $1,550 | $2,030 |
| 3 Bedroom | $550 | $1,990 | $2,540 |
| 4 Bedroom | $10 | $3,200 | $3,210 |
Affordability — Baymeadows, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $312,000 |
| Median Household Income | $73,200 |