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Weekly News for Northeast Florida

The Good. The Bad. The Local. | Jax Real Estate Update May 2026
The Good · The Bad · The Local
Jacksonville Real Estate Market Update
Week of May 17, 2026  ·  Chris Moore  ·  We Buy Any House In Florida  ·  Orange Park, FL
📞 (904) 560-8994

The Jacksonville market in May 2026 is sending mixed signals. Homes are moving at the fastest pace this year and prices are holding steady. But one national study just ranked us dead last among large U.S. cities, and homeowners are still feeling pressure from insurance costs and rising foreclosure filings. Here is the full picture.

Median Home Price
$390K
NEFAR, May 2026
Avg Days on Market
35 days
Fastest pace of 2026
VA Loan Accessibility
#1
Ranked in the U.S.
Gateway Jax Units
286
Breaking ground May 29

Homes Are Selling Faster Right Now Than at Any Point This Year

The Northeast Florida Association of Realtors reports the median home price in May is holding firm at $390,000. Average days on market dropped to just 35 days — the fastest pace of 2026 and down over 14% from the month before. Well-priced homes in Mandarin, Intracoastal West, and Nocatee are going under contract in one to two weeks.

Jacksonville also just ranked number one in the entire country for VA loan accessibility with an 85% score in a national study. With Naval Station Mayport and NAS Jacksonville here, that is real buying power coming into this market. Inventory sits at 3.9 months — still in seller-favorable territory.

If your home is priced right and in good condition, buyers are ready. The spring window is open.

Find Out What Your Home Is Worth

Thinking about selling? Get a fair cash offer within 24 hours.

A National Study Just Ranked Jacksonville Dead Last — Here’s What That Actually Means

Construction Coverage released a national housing market analysis and Jacksonville ranked last among large cities with a composite score of just 16 out of 100. The study measured home price growth, bidding competition, and time on market. No Florida city made the top performers list.

Local agents are pushing back — some brokerages are reporting record months. But everyone agrees on one thing: buyers are pickier now than they have ever been. Homes with deferred maintenance, flood history, or insurance issues are sitting. Clean, move-in-ready homes are still selling.

If you are behind on payments or dealing with a property that needs work, waiting is not a strategy. The options you have today are much better than the ones you will have 90 days from now.

Read How We Help Homeowners

Behind on payments? No pressure. Let’s just talk through your options.

If You Are Behind on Payments, You Have More Options Than You Think

Here are the four options available to most Jacksonville homeowners in distress right now. The earlier you reach out, the more we can do.

Option 1
Call Your Servicer Today
Ask about forbearance, loan modification, or a repayment plan. Many servicers are required to offer these before starting foreclosure.
Option 2
Sell Before Foreclosure Hits
If you have equity, selling on your terms puts money in your pocket and protects your credit. We buy as-is, cash, on your timeline.
Option 3
Short Sale If Underwater
Owe more than the house is worth? A short sale may let you walk away without a full foreclosure on your record.
Option 4
Free HUD Housing Counselor
consumerfinance.gov/find-a-housing-counselor or call 800-569-4287. Completely free.
Contact Chris — No Pressure

Not sure what your options are? Chris will walk you through it.

Two Things Happening in Jacksonville Right Now That Affect Property Values

While the broader headlines get the attention, these two local stories have a direct impact on what homes are worth in specific neighborhoods.

Downtown Jacksonville
Gateway Jax Breaks Ground May 29 — 286 Units Coming to Beaver Street

The $2 billion, nine-block Gateway Jax master plan kicks off Phase 1 on May 29 with 286 residential units plus retail at 425 Beaver Street. If you own property near LaVilla, the Sports Complex corridor, or the Northside urban core — this groundbreaking is going to move values in those neighborhoods over the next 24 months.

Riverfront
$34 Million Hans Tanzler Marina Moving Forward on the St. Johns

The city is moving forward on the Hans Tanzler Marina — a $34 million, three-phase waterfront project. First phase is $12 million. Waterfront-adjacent properties have been quietly appreciating as these investments stack up along the river corridor.


Not sure what any of this means for your specific property? That is exactly the kind of conversation Chris has every day with homeowners across Clay, Duval, Baker, Putnam, and St. Johns counties.


Contact Chris About Your Property

Own property in Northeast Florida? Let’s talk about what it’s worth.

Ready to Talk? No Pressure. No Pitch.

Whether you are thinking about selling, dealing with payment pressure, or just trying to figure out what your home is worth — Chris is here to help.

Or call or text: (904) 560-8994

Sources: Northeast Florida Association of Realtors May 2026  ·  Construction Coverage National Housing Market Analysis May 2026  ·  VA Loan Accessibility Study 2026  ·  Develop Jacksonville / Gateway Jax May 2026  ·  City of Jacksonville Hans Tanzler Marina Project 2026

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