Median price, days on market, sold-to-list ratio, and inventory by price band. Sourced from NEFAR RealMLS. Refreshed quarterly. Numbers below reflect the Mandarin ZIP codes 32223, 32257, and 32258 through the most recent reporting period.
The Mandarin median sale price sits around $385,000, roughly 1.3% below the Northeast Florida 6-county median of $390,000 reported by NEFAR for April 2026. Mandarin's days on market is 39, four days faster than the MSA average of 43. The sold-to-list ratio of 97.8% sits slightly above the broader market's 97.5%. Months of supply at 3.6 indicates Mandarin remains tighter than the Jacksonville MSA's 3.8.
Mandarin homes have historically outperformed the broader Jacksonville market on speed-to-close and pricing discipline. The data above confirms that pattern continues into Q2 2026 despite the wider Northeast Florida slowdown in pending sales and the expansion of overall inventory. Mandarin's combination of established schools, mature tree canopy, and proximity to both downtown Jacksonville and St. Johns County employment hubs keeps qualified-buyer demand more durable than in many comparable neighborhoods.
The table below compares the most recent quarter against the same quarter one year prior. Direction matters more than magnitude on a single quarter, and Mandarin's pattern matches the broader Northeast Florida market. Prices roughly flat, inventory expanding, days on market extending, and the share of homes selling above list compressing.
| Metric | Q2 2026 | Q2 2025 | YoY change |
|---|---|---|---|
| Median sale price | $385,000 | $389,000 | −1.0% |
| Median days on market | 39 | 32 | +22% |
| Sold-to-list ratio | 97.8% | 98.4% | −0.6 pp |
| Months of supply | 3.6 | 2.9 | +24% |
| Closed sales (monthly avg) | 92 | 106 | −13% |
| Sold over list (share) | 14% | 22% | −36% |
Five of six headline metrics moved in a buyer-friendlier direction year-over-year. The largest single shift is the share of homes selling above list, which compressed from 22% to 14%. That's a 36% relative decline and a strong signal that bidding-war conditions have softened. Mandarin buyers in Q2 2026 have meaningfully more negotiating room than they did one year ago, especially on homes that have sat past the 30-day mark.
Metro-wide medians obscure dramatically different conditions across price bands. A $300,000 Mandarin starter and a $1.2M Mandarin riverfront sit in entirely different markets. The table below breaks Mandarin inventory into four bands.
| Price band | Active listings | Months of supply | Days on market | Market condition |
|---|---|---|---|---|
| Under $400K | ~85 | 2.8 | 32 | Seller-favorable |
| $400K - $600K | ~115 | 3.4 | 38 | Balanced |
| $600K - $900K | ~70 | 4.9 | 54 | Slight buyer's market |
| $900K+ (incl. riverfront) | ~45 | 7.8 | 89 | Buyer's market |
The sub-$400K segment in Mandarin remains tight at 2.8 months of supply. Move-in-ready homes priced under $400K still see multiple-offer scenarios in Mandarin, particularly on properties in the Mandarin Oaks and Crown Point school zones. The $400K-$600K band is the balanced middle where most Mandarin transactions actually close. Above $600K, conditions soften meaningfully, with the riverfront segment now showing 7.8 months of supply and a median 89 days on market.
If you're buying under $400K in Mandarin, be ready to compete. If you're buying $600K+, you have room to negotiate, especially on homes that have crossed the 60-day mark. The riverfront segment in particular is showing the kind of negotiating room not seen in Mandarin since 2019.
Mandarin makes more sense when compared against the neighborhoods buyers actually consider alongside it. The four submarkets below share at least one buyer profile dimension with Mandarin: family-focused, established, mid-tier price, or commuter-friendly to downtown Jacksonville.
| Neighborhood | Median price | DOM | $/sqft | Months supply |
|---|---|---|---|---|
| Mandarin | $385,000 | 39 | $192 | 3.6 |
| San Marco | $510,000 | 52 | $268 | 4.4 |
| Riverside-Avondale | $445,000 | 47 | $245 | 4.1 |
| Fleming Island | $415,000 | 42 | $181 | 3.8 |
| Julington Creek | $465,000 | 44 | $198 | 3.9 |
Mandarin offers the lowest median price and the lowest days on market of the five neighborhoods listed. The $/sqft of $192 sits well below San Marco ($268) and Riverside-Avondale ($245), reflecting Mandarin's larger average lot sizes and home footprints. Only Fleming Island runs cheaper on a per-square-foot basis, and Fleming Island sits in Clay County, which carries different property tax treatment and a different commute profile.
Three observations from the Momentum agent floor that the numbers above support but don't capture in full.
Sub-$400K Mandarin inventory turns over faster than any other comparable submarket in the metro at the same price point. The combination of established schools, mature streets, and ZIP code reputation continues to attract first-time buyers, downsizers, and out-of-state transplants who price-shopped multiple Jacksonville areas and landed on Mandarin. This is the segment where well-priced, move-in-ready listings still receive multiple offers.
Higher-end Mandarin homes, particularly along the riverfront corridor on Mandarin Road, Hood Road, and Scott Mill, are seeing the largest year-over-year increases in days on market. Sellers in this band who priced aggressively in early 2025 are now finding themselves competing with newer listings in a wider buyer pool. Several Mandarin riverfront properties have closed in the past quarter at meaningful price reductions from original list. This is normal in a rebalancing market and consistent with what we're seeing across Ponte Vedra and Marsh Landing's higher-end inventory.
The 24% YoY expansion in Mandarin months-of-supply does not indicate a wave of distressed sellers. Foreclosure activity in Mandarin remains near historic lows. The added inventory is overwhelmingly discretionary sellers, including move-up buyers, retirees relocating to single-story floor plans, and out-of-state owners selling investment properties. Buyers entering Mandarin in Q2-Q3 2026 have negotiating room they didn't have twelve months ago, but they're not buying into a distressed market.
All Mandarin metrics are sourced from NEFAR (Northeast Florida Association of REALTORS) RealMLS Summary Statistics, filtered to single-family residential transactions in Mandarin ZIP codes 32223, 32257, and 32258. Per-square-foot calculations use closed-sale data only, excluding pending and active listings. Months-of-supply uses the standard NEFAR formula of active inventory divided by trailing six-month average monthly closed sales.
This page refreshes quarterly. The next update is scheduled for the first week of the quarter following NEFAR's release of the prior quarter's Summary Statistics. For monthly Northeast Florida market data covering the full 6-county service area, see the monthly Housing Pulse report.
Comparable submarket data uses the same NEFAR data filtered to each neighborhood's primary ZIP codes. Where MLS data is restricted by license, derived metrics (medians, ratios, days on market) are published and the source is credited. We do not redistribute raw MLS records. See our full methodology page for the complete data and citation policy.
If you're buying, selling, or investing in Mandarin, talk to a Momentum agent who works this neighborhood every week. No high-pressure scripts. Just the local knowledge that doesn't show up in a spreadsheet.
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