The housing market in 32204 Jacksonville, FL is quite strong. The median value of housing in this area is $328,300, which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate for houses in 32204 Jacksonville has been exceptionally high at 16.20%, much higher than the national average rate of 8.27%. This indicates that real estate investments in this area are ripe with potential and could offer a substantial return on investment over time.
The median home cost in Jacksonville (zip 32204) is $328,300. Home appreciation the last 10 years has been 160.2%. Home Appreciation in Jacksonville (zip 32204) is up 24.7%.
Average Age of Homes
- The median age of Jacksonville (zip 32204) real estate is 70 years old
The Rental Market in Jacksonville (zip 32204)
- Renters make up 59.3% of the Jacksonville (zip 32204) population
- 1.9% of houses and apartments in Jacksonville (zip 32204), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.