The story of this market
The typical home in ZIP 32209 sells for about $106,631, or $129 per square foot.
Prices are down 5.1% from a year ago, which gives buyers more room to negotiate. Homes take about 73 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,062 a month.
ZIP 32209 — Jacksonville
The 32209 housing market remains the most affordable in Jacksonville, characterized by low median home values and high rental yields. While year-over-year prices have softened, the market maintains steady activity with significant interest from investors. Affordability remains a key driver, with home prices significantly lower than the broader Florida and national averages.
This ZIP is primarily suited for investors seeking high-yield rental opportunities and budget-conscious buyers looking for entry-level housing in the Jacksonville urban core.
Median prices moved down 5.1% year over year.
Homes spend a median of 73 days on market with 4.3 months of supply — a balanced-paced market.
24% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.9% · poverty 38.6% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32209, Duval County FL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Located in the urban core of Jacksonville, residents have relatively short commutes to downtown employment centers via local surface streets and proximity to I-95.
The area features local community parks and is within a short drive of the amenities and shopping districts of downtown Jacksonville and the Northside.
The rental market shows a gross yield of approximately 13.58%, indicating strong investor interest in the area's lower-priced housing stock.
The local economy is tied to the broader Jacksonville metropolitan area, which features a diverse mix of logistics, healthcare, and financial services employers.
The area is served by the Jacksonville Transportation Authority (JTA) bus network and benefits from proximity to major highway corridors including I-95 and I-10.
The Duval County Property Appraiser manages assessments for all parcels, utilizing mass appraisal techniques to determine just market value.
Parcels are subject to Duval County Public Schools taxation and municipal levies for the City of Jacksonville.
Property insurance premiums in this region are influenced by Florida's statewide windstorm and flood risk exposure.
Data retrieved from U.S. Census Bureau and Data Commons.
- Dave & Buster's Jacksonville4.210.4 mi
- K1 Speed Jacksonville4.69.3 mi
- Urban Air Trampoline and Adventure Park4.314.6 mi
- Kids Empire Jacksonville4.811.4 mi
- Chuck E. Cheese4.315.2 mi
- Jacksonville Zoo and Botanical Gardens4.64.3 mi
- EverBank Stadium4.54.4 mi
- VyStar Veterans Memorial Arena4.63.9 mi
- Topgolf Jacksonville4.512.5 mi
- Cinemark Jacksonville Atlantic North XD and ScreenX4.712.2 mi
- Jacksonville Zoo and Botanical Gardens4.64.3 mi
- Cinemark Tinseltown Jacksonville and XD4.510.9 mi
- Friendship Fountain4.63.6 mi
- Dave & Buster's Jacksonville4.210.4 mi
- AMC Regency 244.38.8 mi
- Cummer Museum of Art & Gardens4.73.4 mi
- MOSH (Museum Of Science & History)43.7 mi
- Thrasher-Horne Center4.717.4 mi
- MOCA (Museum Of Contemporary Art), Jacksonville4.43.2 mi
- Kingsley Plantation4.716.3 mi
- Jacksonville Zoo and Botanical Gardens4.64.3 mi
- Jacksonville Arboretum & Botanical Gardens4.79.4 mi
- Ed Austin Regional Park4.611.3 mi
- Southbank Riverwalk4.63.7 mi
- Earl Johnson Park47.3 mi
- Florida Yacht Club4.77.5 mi
- PORT 32 Jacksonville4.75.8 mi
- Lamb's Yacht Center Inc4.66.3 mi
- Sadler Point Marina4.66.1 mi
- Arlington Marina4.45.4 mi
- Topgolf Jacksonville4.512.5 mi
- Timuquana Country Club4.78.3 mi
- Blue Sky Golf Club410.7 mi
- San Jose Country Club4.79.3 mi
- Bent Creek Golf Course4.111.5 mi
- St. Johns Town Center4.512.5 mi
- Orange Park Mall4.112.4 mi
- Beach Boulevard Flea Market4.111.1 mi
- RD International Market And Food Court4.68.6 mi
- Publix Super Market at Riverside4.53.6 mi
- Jacksonville International Airport4.59.2 mi
- Shores Liquor & Pub4.53.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Neighborhood-level green spaces serving the local residential population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.