Lantern Square
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 64 closed sales in Lantern Square in Jacksonville, FL since 2006, the most recent in August 2014. Recorded prices across those 64 sales ran from $39,900 to $220,000 (median $69,000), on homes of 816 to 1,412 sq ft. Across Jacksonville as a whole, 8,873 homes closed in the last 12 months at a median of $305,375, 44 median days on market, with 2,391 homes for sale today. At that median and Duval County's FY2025-26 rate of 17.86 mills, annual property tax runs about $1,230.
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.
The 60-Second Overview
Lantern Square is a defined community within Jacksonville's Duval County market, and as of our current snapshot it has no recent closings to summarize — so context here comes from the wider area rather than from a busy local sales record.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Lantern Square is best for.
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
Lantern Square is too small for its own price trend, so here is the market around it.
In ZIP 32225, 180 homes are on the market and 31% are under contract — a fast-moving corner of Jacksonville.
Across Duval County, 3,938 homes are active and 1,658 pending (30% under contract).
ZIP and county figures describe the wider market, not Lantern Square specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Lantern Square, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The Lantern Square buying strategy.
If we were buying in Lantern Square today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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. The deal is won or lost on condition, the comps, and the renovation math.
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 in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Lantern Square buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lantern Square sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lantern Square, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lantern Square home worth?
Get a no-obligation home value based on real comparable sales in Lantern Square, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Lantern Square?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | realMLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2006 (64 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 local comps.
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