The area of 32216 Jacksonville, FL has an impressive housing market. The median value of housing in this area is $258,700 considerably lower than the US median price for housing which is $338,100. However, this does not mean that the market is lacking in appreciation potential; quite the contrary as it has seen a 1 year appreciation of 16.20% comparing to 8.27% for US houses overall. This makes it an attractive option for prospective buyers and a great opportunity to invest in real estate.
The median home cost in Jacksonville (zip 32216) is $258,700. Home appreciation the last 10 years has been 160.2%. Home Appreciation in Jacksonville (zip 32216) is up 24.7%.
Average Age of Homes
- The median age of Jacksonville (zip 32216) real estate is 36 years old
The Rental Market in Jacksonville (zip 32216)
- Renters make up 39.0% of the Jacksonville (zip 32216) population
- 5.5% of houses and apartments in Jacksonville (zip 32216), 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.