Panama Park vs Springfield
Two Duval communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-09-19.
| Metric | Panama Park | Springfield |
|---|---|---|
| Median sale price | $160K | $122K |
| Price per sq ft | $145 | $103 |
| Avg days on market | 67 days | 103 days |
| Months of supply | 5.6 mo | 6.5 mo |
| Market | Buyer-Leaning Market | Buyer-Leaning Market |
| 1-year price change | -20% | -3% |
| Recent closings | 28 | 79 |
The verdict
Panama Park carries the higher median price — about 31% above Springfield. Homes in Panama Park sell faster (67 days on market vs 103). Panama Park is the tighter market on inventory (5.6 months of supply).
Where each one is
Panama Park and Springfield are about 3 miles apart (straight-line, center to center) and share Duval County.
| Panama Park | Springfield | |
|---|---|---|
| County | Duval County, FL | Duval County, FL |
| City / area | Jacksonville | Jacksonville |
| ZIP | 32208 | 32206 |
| Straight-line to downtown Jacksonville | 4 mi | 1 mi |
| Nearest Atlantic beach | 15 mi, Huguenot Park (Jacksonville) | 15 mi, Atlantic Beach |
| FEMA flood zones (sampled parcels) | 96% of 25 homes outside a flood zone (Zone X) | all 56 sampled homes outside a flood zone |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Panama Park | Springfield | |
|---|---|---|
| Homes for sale now | 13 | 43 |
| Under contract | 3 | 11 |
| Asking prices today | $113K to $275K | $65K to $570K |
| Listed in the last 7 days | 0 | 2 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Panama Park homes for sale · Springfield homes for sale.
The homes themselves
| Panama Park | Springfield | |
|---|---|---|
| Homes (parcels) | 373 | n/a |
| Built | 1899–2024 (median 1944) | n/a |
| Typical living area | 1,247 sq ft | n/a |
| Vacant lots | 8 | 0 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Panama Park median | Springfield median |
|---|---|---|
| 2012 | $26K (7 sales) | $51K (67 sales) |
| 2013 | $26K (17 sales) | $48K (98 sales) |
| 2014 | $21K (23 sales) | $54K (114 sales) |
| 2015 | $25K (38 sales) | $83K (106 sales) |
| 2016 | $29K (35 sales) | $150K (105 sales) |
| 2017 | $90K (45 sales) | $169K (114 sales) |
| 2018 | $74K (40 sales) | $175K (154 sales) |
| 2019 | $75K (33 sales) | $180K (137 sales) |
| 2020 | $105K (39 sales) | $227K (125 sales) |
| 2021 | $120K (42 sales) | $265K (164 sales) |
| 2022 | $164K (54 sales) | $268K (140 sales) |
| 2023 | $174K (46 sales) | $332K (116 sales) |
| 2024 | $168K (38 sales) | $290K (113 sales) |
| 2025 | $134K (26 sales) | $330K (102 sales) |
| 2026 | $147K (29 sales) | $303K (79 sales) |
Since 2012, Panama Park's median sale price is +465% and Springfield's is +494% — Springfield has appreciated faster over that stretch.
How each one trades
| Panama Park | Springfield | |
|---|---|---|
| Sale-to-original-list | 91.3% | 93.4% |
| New-construction share of sales | 3% | 11% |
| Typical sold home | 1,154 sq ft | 1,822 sq ft |
| Momentum market-heat score | 55 (normal) | 25 (cold) |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Panama Park | Springfield | |
|---|---|---|
| Elementary | North Shore | Andrew A. Robinson |
| Middle | Matthew Gilbert | Matthew Gilbert |
| High school | Jean Ribault | William M. Raines |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Momentum Realty agents have closed 1 home in Panama Park and 0 in Springfield (brokerage records, both sides counted once). Find an agent who works Panama Park · Springfield.
Which one fits
On budget alone, Springfield is the lower entry point (median $122K vs $160K). Sellers get a faster sale in Panama Park (67 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Panama Park more expensive than Springfield?
Yes, on recent sales: the median sale price in Panama Park is $160,000 versus $122,000 in Springfield, about 31% higher.
How far apart are Panama Park and Springfield?
About 3 miles straight-line, center to center, both in Duval County; driving distance is usually 15 to 30 percent more.
Which has appreciated more, Panama Park or Springfield?
From 2012 to 2026 the median sale price rose 465% in Panama Park and 494% in Springfield (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Springfield — sellers there received 93.4% of the original list price over the last 12 months versus 91.3% in Panama Park.
What high schools serve Panama Park and Springfield?
Listings in Panama Park most often report Jean Ribault; listings in Springfield report William M. Raines. Zoning is set by the district and can change - verify by address.
Go deeper on each: Panama Park homes, photos & schools · Springfield homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.