Allendale, Jacksonville, FL—32254
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allendale, Jacksonville, FL
As of Oct '25, the median home price in Allendale, Jacksonville, FL is $125,000, with a year-over-year change of -13.5%. This indicates that home prices in Allendale, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | -13.5% |
| Single Family | $125,000 | -13.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $92,000 | -13.2% |
3 Bed | $130,000 | -13.3% |
4 Bed | $198,000 | -7.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Allendale, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Allendale, Jacksonville, FL is $1,230, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Allendale, Jacksonville, FL is studios: $810, 1-bedrooms: $772, 2-bedrooms: $1,080, 3-bedrooms: $1,320, 4-bedrooms: $1,520. The most common rental property sizes in Allendale, Jacksonville, FL are 3-bedroom and 2-bedroom, accounting for 41.7% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,230 |
| Studio Rent | $750 | $810 |
| 1 Bed Rent | $800 | $772 |
| 2 Bed Rent | $1,100 | $1,080 |
| 3 Bed Rent | $1,350 | $1,320 |
| 4 Bed Rent | $1,480 | $1,520 |
% of Rental Stock
Property Listings — Allendale, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Allendale, Jacksonville, FL is 66. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | -15.0% |
Listing Count | 158 | 10.0% |
| Listings as % of Homes | 1.3% | 10.0% |
Days on Market | 66 | -6.0% |
Demographics — Allendale, Jacksonville, FL
As of the latest ACS Survey released in 2023, Allendale, Jacksonville, FL has a population of 14,700, which has increased by 12.4% over the past 5 years. Allendale, Jacksonville, FL is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 12.4% |
% Under 18 | 27.2% | -4.2% |
% Seniors | 12.4% | 2.5% |
% WFH | 3.8% | 216.7% |
% w/ College Degree | 9.5% | 33.8% |
As of the latest ACS Survey released in 2023, Allendale, Jacksonville, FL is a predominantly black area, with 59.9% of the population identifying as black. The black population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Allendale, Jacksonville, FL is white, making up 28.1% of the population. Foreign-born residents account for 3.8% of the population in Allendale, Jacksonville, FL, and this percentage has decreased by 11.6% 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 | 28.1% | -19.3% |
% Black | 59.9% | 4.2% |
% Hispanic | 5.1% | -16.4% |
% Asian | 0.3% | -40.0% |
% Foreign Born | 3.8% | -11.6% |
Mortgage and Risk — Allendale, Jacksonville, FL
According to HUD data as of 2023, there were 235 mortgage originations in Allendale, Jacksonville, FL, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Allendale, Jacksonville, FL. Investor activity is low, as 6.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 235 |
% Conventional Loans | 49.0% |
% Government Loans | 51.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Allendale, Jacksonville, FL
As of 2024, the percent of homes in Allendale, Jacksonville, FL under the Section 8 program is 18.1%. 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. In Allendale, 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 | 487 |
Total Units Section 8 | 444 |
% Rentals under Section 8 | 18.1% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $800 | $1,150 |
| 2 Bedroom | $270 | $1,100 | $1,370 |
| 3 Bedroom | $360 | $1,350 | $1,710 |
| 4 Bedroom | $690 | $1,480 | $2,170 |
Affordability — Allendale, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $125,000 |
| Median Household Income | $36,400 |