Brooklyn / Downtown, Jacksonville, FL—32202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brooklyn / Downtown, Jacksonville, FL
As of Oct '25, the median home price in Brooklyn / Downtown, Jacksonville, FL is $166,000, with a year-over-year change of -15.5%. This indicates that home prices in Brooklyn / Downtown, 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 | $166,000 | -15.5% |
| Single Family | $215,000 | -6.5% |
| Condos | $141,000 | -13.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $121,000 | -4.0% |
2 Bed | $252,000 | -4.9% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brooklyn / Downtown, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Brooklyn / Downtown, Jacksonville, FL is $1,580, with a year-over-year rent change of -14.1%. Per bedroom, the median rent as of July '25 in Brooklyn / Downtown, Jacksonville, FL is studios: $1,040, 1-bedrooms: $1,330, 2-bedrooms: $2,670, 3-bedrooms: $1,320, 4-bedrooms: $2,020. The most common rental property sizes in Brooklyn / Downtown, Jacksonville, FL are 1-bedroom and studio, accounting for 59.1% and 15.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,580 |
| Studio Rent | $945 | $1,040 |
| 1 Bed Rent | $1,100 | $1,330 |
| 2 Bed Rent | $2,440 | $2,670 |
| 3 Bed Rent | $1,300 | $1,320 |
| 4 Bed Rent | $1,650 | $2,020 |
% of Rental Stock
Property Listings — Brooklyn / Downtown, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Brooklyn / Downtown, Jacksonville, FL is 117. This is a increase of 33.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $222,000 | -33.0% |
Listing Count | 23 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 117 | 33.0% |
Demographics — Brooklyn / Downtown, Jacksonville, FL
As of the latest ACS Survey released in 2023, Brooklyn / Downtown, Jacksonville, FL has a population of 6,550, which has increased by 6.2% over the past 5 years. Brooklyn / Downtown, Jacksonville, FL is a less popular place for families, as children make up 7.0% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,550 | 6.2% |
% Under 18 | 7.0% | 48.9% |
% Seniors | 15.6% | 9.1% |
% WFH | 12.5% | 155.1% |
% w/ College Degree | 17.2% | -14.9% |
As of the latest ACS Survey released in 2023, Brooklyn / Downtown, Jacksonville, FL is a predominantly black area, with 49.5% of the population identifying as black. The black population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Brooklyn / Downtown, Jacksonville, FL is white, making up 40.7% of the population. Foreign-born residents account for 4.0% of the population in Brooklyn / Downtown, Jacksonville, FL, and this percentage has decreased by 50.6% 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 | 40.7% | 25.2% |
% Black | 49.5% | -12.1% |
% Hispanic | 6.1% | -3.2% |
% Asian | 0.7% | -83.3% |
% Foreign Born | 4.0% | -50.6% |
Mortgage and Risk — Brooklyn / Downtown, Jacksonville, FL
According to HUD data as of 2023, there were 20 mortgage originations in Brooklyn / Downtown, Jacksonville, FL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn / Downtown, Jacksonville, FL. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Brooklyn / Downtown, Jacksonville, FL
As of 2024, the percent of homes in Brooklyn / Downtown, Jacksonville, FL under the Section 8 program is 40.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Brooklyn / Downtown, Jacksonville, FL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 976 |
Total Units Section 8 | 863 |
% Rentals under Section 8 | 40.5% |
% Occupied Section 8 | 96.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,100 | $1,230 |
| 2 Bedroom | -$980 | $2,440 | $1,460 |
| 3 Bedroom | $530 | $1,300 | $1,830 |
| 4 Bedroom | $660 | $1,650 | $2,310 |
Affordability — Brooklyn / Downtown, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $166,000 |
| Median Household Income | $40,100 |