Lantern Square
Homes for Sale in Jacksonville, FL

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.

realMLS (Northeast Florida) sales records identify 32 homes in Lantern Square that have changed hands since 2006, built between 2006 and 2006 (median 2006), with a median living area of about 1,116 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Lantern Square is too small for its own price trend, so here is the market around it.

In ZIP 32225, 214 homes are on the market and 24% are under contract — a steady corner of Jacksonville.

Across Duval County, 4,384 homes are active and 1,562 pending (26% under contract).

In ZIP 32225 (Jacksonville), 965 homes closed in the last 12 months at a median of $374K ($222/sq ft), up 3.4% year over year, with a median 30 days on market. Right now 164 active and 83 pending listings put supply at about 3.0 months — a healthy market. See the live ZIP 32225 housing market and the Duval County market.

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

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.

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.