Jacksonville Market Update (Jan 2026): Prices Down, Buyers Get Breathing Room—And My Pipes Froze
This report is for single family homes in Jacksonville Florida.
The first real estate update report for my site for 2026!!! The first thing I noticed was the median sales price for Jacksonville Florida in January 2026 was about 10k less than last year. Inventory level went down, but so did the homes that sold too. This month shows a balanced real estate market in Jax, with a little leaning towards the buyers’ side. While it’s normal to have a slower market this time a year, I do wonder if the frigid Alaskan type weather we had also slowed things down. We weren’t use to that. My pipes froze! It was my fault, but still! I should have maybe unhooked my outdoor hose from the faucet. Oops! We couldn’t handle freezing temps, much less try to buy or sell homes in January. 🥶
What does this latest real estate market mean for buyers? You do not have to help the seller move as part of the negotiations. HA. Seriously tho, you may have more time to make a decision, although I still wouldn’t wait too long. You can have your inspections AND ask for some repairs too! Less stress! Sellers this does not mean it’s a bad market for you. You will need to have your home in great shape, know that the prices and pace from 2020-2022 is gone, but if you price it well, you can still sell it in a decent amount of time.
What are those pesky mortgage interest rates doing? Check out Mortgage Daily News to find out.
Median Sales Price: Looking at sold homes it means that half the homes that sold were more than 303,900 and the other half were less than 303,900.
Month’s Inventory: Based on the number of actives and homes that have sold it would take 5.75 months to sell the active homes, if no other homes came on the market. How to determine what type of market we are experiencing:
Buyers’ Market: More than 7 months of Inventory
Balanced Market: From 5-7 months of Inventory
Sellers’ Market: Less than 5 months of inventory
Average Days on the Market: This is the average based on the time the house came on the market until is went under contract.
Original List Price to Sales Price: This is the percentage of what the home sold for compared to what it was originally listed for. Not what it was listed for at the time it went under contract.
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I’m Pam Graham, a Northeast Florida real estate consultant, which includes Jacksonville, Clay & St John’s Counties. I break down the market in layman’s terms so you can make smart decisions—whether you’re buying, selling, or just keeping an eye on what’s happening.
Call/Text 904-910-3516
Email: pam@pamgraham.com
