ZIP Code Market Report
32224 โ Jacksonville, FL
Data through February 2026 ยท Updated monthly
Avg Home Value
$452,467
โผ 2.7% year-over-year
Month-over-Month
-0.2%
โผ 0.2%
Single Family
$509,284
Condo / Co-op
$203,660
The average home value in the 32224 ZIP code (Jacksonville, FLORIDA) is $452,467 as of February 2026. Home prices are declining, down 2.7% compared to last year.
A 3-bedroom home in 32224 is valued at $418,562. 1-bedroom units start around $154,199. Single-family homes average $509,284, while condos average $203,660.
The market in 32224 has a $495,727 spread between bottom-tier homes at $253,674 and top-tier homes at $749,401. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 32224 ZIP code will decrease 0.2% over the next 12 months, bringing the projected average to approximately $451,562. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Saint Johns County market area in FLORIDA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Saint Johns County report.
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Market Snapshot
32224 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $454,159 | $453,184 | $452,467 | โผ 0.4% |
| Single Family Value | $507,512 | $508,296 | $509,284 | โฒ 0.3% |
Home Values
32224 Home Value Trend
Historical home values for ZIP code 32224. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 32224
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $154,199 |
| 2 Bedrooms | $209,878 |
| 3 Bedrooms | $418,562 |
| 4 Bedrooms | $632,265 |
Property Types
Home Values by Property Type in 32224
How different property types compare in this ZIP code.
All Homes
$452,467
Single Family
$509,284
Condo / Co-op
$203,660
Bottom Tier
$253,674
Top Tier
$749,401
Forecast
12-Month Home Value Forecast for 32224
Zillow projects home values in 32224 will decrease 0.2% over the next year, reaching approximately $451,562.
Current Value
$452,467
Projected Change
-0.2%
โผ 0.2%
Projected Value
$451,562
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 32224 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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