Lantern Square Jacksonville
Homes for Sale in Jacksonville, FL

Community in Jacksonville · Duval County · ZIP 32225
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True comps, carrying-cost math, and listings before the portals.

Built fromLive realMLS data20 years of closingsUpdated twice daily
Live · Lantern Square Jacksonville Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Track record · 20 years of records
0
Failed listings · 2015
peaked at 23 in 2009
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lantern Square is a small pocket of Jacksonville in Duval County, and the honest starting point is that our current snapshot has no closings in the window. That means we don't have a live median or recent sale data to anchor a price read here, so treat any pricing conversation as one that has to be built from active listings and comparable nearby closings rather than from this community's own recent record.

For a buyer, thin data is not a reason to walk away — it's a reason to underwrite each home on its own condition and lot rather than lean on a neighborhood trend line. For a seller, the same thinness means pricing will be set by how your specific home shows against the broader Jacksonville market, not by a deep local comp set. In both cases the work moves from the spreadsheet to the individual property.

Best for

  • Buyers who will underwrite a single home on condition and lot rather than expecting a stack of recent neighborhood comps
  • Sellers willing to price against the wider Jacksonville market and let the specific home carry the argument
  • Buyers who want a defined Duval County community and are comfortable with a quiet, low-turnover snapshot

Probably not for

  • Buyers who need a deep local sales history to feel confident on price
  • Sellers expecting the community's own recent closings to set the number for them
  • Anyone who wants a fast, data-rich market read with heavy recent turnover

The market around Lantern Square Jacksonville

Lantern Square Jacksonville is a small community — 84 recorded sales on file, most recently in 2015 — too few for its own price trend. Here is the market around it.

In ZIP 32225, 125 homes are on the market and 41% are under contract — a fast-moving corner of Jacksonville.

Across Duval County, 2,814 homes are active and 1,188 pending (30% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not Lantern Square Jacksonville specifically. Momentum Research analysis of MLS records.

If we were buying in Lantern Square Jacksonville today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lantern Square Jacksonville.

Best Buy
Buyers and sellers comfortable underwriting a home on its own merits rather than a busy local trend.
Biggest Risk
With no recent closings, there is no deep local comp set to anchor pricing.
Sweet Spot
A specific home whose condition and lot can be priced against the broader market.
Avoid If
You need a proven local sales record before you'll commit.

Reading a quiet market

With no closings in the current window, Lantern Square is what we'd call a low-turnover snapshot. That can reflect a smaller community, homes that simply aren't trading right now, or a pause in listing activity — the snapshot alone can't tell us which. What it does tell us is that neither buyer nor seller should expect a stack of recent local comps to lean on.

Practically, that shifts the analysis to fundamentals you can actually verify: the condition of the specific home, the lot, and how it stacks up against comparable Jacksonville listings and closings just outside the community. When local data is quiet, the individual property carries the weight — and so does the appraisal that will eventually have to support the contract price.

The location and the amenities are priced into every listing in Lantern Square Jacksonville. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with no recent closings, the value we add is the comp work you can't shortcut — pulling verifiable sales from the surrounding Jacksonville market, weighing them against a specific home's condition and lot, and telling you plainly where the number holds and where it doesn't. We would rather hand you a defensible price built from real comparables than a confident-sounding one built on thin local data.

Lantern Square Jacksonville in 15 seconds.

Best forBuyers and sellers comfortable underwriting a home on its own merits rather than a busy local trend.
Biggest advantageA defined Jacksonville community where the analysis leans on property fundamentals and nearby comps.
Biggest riskWith no recent closings, there is no deep local comp set to anchor pricing.
Sweet spotA specific home whose condition and lot can be priced against the broader market.
Avoid ifYou need a proven local sales record before you'll commit.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lantern Square Jacksonville sales matched to your home.

What is your Lantern Square Jacksonville home worth?

Get a no-obligation home value based on real comparable sales in Lantern Square Jacksonville, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Lantern Square Jacksonville on the map →

Real comps, not an automated estimate.
Buyers who will underwrite a single home on condition and lot rather than expecting a stack of recent neighborhood compsExcellent fit
Sellers willing to price against the wider Jacksonville market and let the specific home carry the argumentExcellent fit
Buyers who want a defined Duval County community and are comfortable with a quiet, low-turnover snapshotExcellent fit
Buyers who need a deep local sales history to feel confident on priceProbably not
Sellers expecting the community's own recent closings to set the number for themProbably not
Anyone who wants a fast, data-rich market read with heavy recent turnoverProbably not

Data sources & freshness

Under-contract sharesrealMLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (63 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live your area comps.

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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Duval County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,614/mo
Duval County typical true cost to own
$110/mo
Duval County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.