Jay, FL—32565
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jay, FL
As of Oct '25, the median home price in Jay, FL is $256,000, with a year-over-year change of -3.8%. This indicates that home prices in Jay, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | -3.8% |
| Single Family | $256,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $137,000 | -9.3% |
3 Bed | $262,000 | -3.3% |
4 Bed | $381,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jay, FL
As of July '25, Rentcast reports the average rent in Jay, FL is $1,160, with a year-over-year rent change of -32.2%. Per bedroom, the median rent as of July '25 in Jay, FL is 2-bedrooms: $850, 3-bedrooms: $1,000, 4-bedrooms: $1,800. The most common rental property sizes in Jay, FL are 3-bedroom and 2-bedroom, accounting for 41.7% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Jay, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Jay, FL is 75. This is a increase of 6.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 8.0% |
Listing Count | 53 | 3.0% |
| Listings as % of Homes | 1.5% | 3.0% |
Days on Market | 75 | 6.0% |
Demographics — Jay, FL
As of the latest ACS Survey released in 2023, Jay, FL has a population of 5,650, which has increased by 17.1% over the past 5 years. Jay, FL is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,650 | 17.1% |
% Under 18 | 23.5% | 48.7% |
% Seniors | 14.2% | -34.6% |
% WFH | 9.0% | -21.1% |
% w/ College Degree | 19.1% | 7.9% |
As of the latest ACS Survey released in 2023, Jay, FL is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Jay, FL is asian, making up 4.7% of the population. Foreign-born residents account for 3.4% of the population in Jay, FL, and this percentage has increased by 1600.0% 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 | 91.4% | -3.5% |
% Black | 0.4% | -85.7% |
% Hispanic | 0.5% | 66.7% |
% Asian | 4.7% | 683.3% |
% Foreign Born | 3.4% | 1,600.0% |
Mortgage and Risk — Jay, FL
According to HUD data as of 2023, there were 94 mortgage originations in Jay, FL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Jay, FL. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Jay, FL
Jay, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,240 |
| 2 Bedroom | $610 | $850 | $1,460 |
| 3 Bedroom | $950 | $1,000 | $1,950 |
| 4 Bedroom | $600 | $1,800 | $2,400 |
Affordability — Jay, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $256,000 |
| Median Household Income | $76,800 |