Southpoint Forest, Jacksonville, FL—32217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southpoint Forest, Jacksonville, FL
As of Oct '25, the median home price in Southpoint Forest, Jacksonville, FL is $306,000, with a year-over-year change of -4.8%. This indicates that home prices in Southpoint Forest, 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 | $306,000 | -4.8% |
| Single Family | $324,000 | -4.4% |
| Condos | $132,000 | -14.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $150,000 | -10.2% |
3 Bed | $300,000 | -4.5% |
4 Bed | $460,000 | -2.3% |
| 5 Bed | $764,000 | -1.8% |
% of Housing Stock
Rental Trends — Southpoint Forest, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Southpoint Forest, Jacksonville, FL is $1,710, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Southpoint Forest, Jacksonville, FL is studios: $826, 1-bedrooms: $1,170, 2-bedrooms: $1,450, 3-bedrooms: $2,050, 4-bedrooms: $2,950. The most common rental property sizes in Southpoint Forest, Jacksonville, FL are 1-bedroom and 2-bedroom, accounting for 43.3% and 39.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,710 |
| Studio Rent | $825 | $826 |
| 1 Bed Rent | $1,100 | $1,170 |
| 2 Bed Rent | $1,460 | $1,450 |
| 3 Bed Rent | $2,000 | $2,050 |
| 4 Bed Rent | $2,300 | $2,950 |
% of Rental Stock
Property Listings — Southpoint Forest, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Southpoint Forest, Jacksonville, FL is 71. This is a increase of 49.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -6.0% |
Listing Count | 119 | -6.0% |
| Listings as % of Homes | 1.0% | -6.0% |
Days on Market | 71 | 49.0% |
Demographics — Southpoint Forest, Jacksonville, FL
As of the latest ACS Survey released in 2023, Southpoint Forest, Jacksonville, FL has a population of 21,100, which has increased by 8.6% over the past 5 years. Southpoint Forest, Jacksonville, FL is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 38.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 8.6% |
% Under 18 | 20.0% | 3.6% |
% Seniors | 19.4% | 6.6% |
% WFH | 16.7% | 183.1% |
% w/ College Degree | 38.7% | 8.7% |
As of the latest ACS Survey released in 2023, Southpoint Forest, Jacksonville, FL is a predominantly white area, with 58.2% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Southpoint Forest, Jacksonville, FL is hispanic, making up 17.6% of the population. Foreign-born residents account for 14.5% of the population in Southpoint Forest, Jacksonville, FL, and this percentage has decreased by 5.8% 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 | 58.2% | -12.9% |
% Black | 14.9% | 19.2% |
% Hispanic | 17.6% | 12.1% |
% Asian | 3.6% | 24.1% |
% Foreign Born | 14.5% | -5.8% |
Mortgage and Risk — Southpoint Forest, Jacksonville, FL
According to HUD data as of 2023, there were 324 mortgage originations in Southpoint Forest, Jacksonville, FL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Southpoint Forest, Jacksonville, FL. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Southpoint Forest, Jacksonville, FL
As of 2024, the percent of homes in Southpoint Forest, Jacksonville, FL under the Section 8 program is 5.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Southpoint Forest, Jacksonville, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 321 |
Total Units Section 8 | 222 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,100 | $1,210 |
| 2 Bedroom | -$20 | $1,460 | $1,440 |
| 3 Bedroom | -$200 | $2,000 | $1,800 |
| 4 Bedroom | -$20 | $2,300 | $2,280 |
Affordability — Southpoint Forest, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $306,000 |
| Median Household Income | $69,700 |