Thelma Villa
Homes for Sale in Jacksonville, FL
All 4,477 homes for sale in Jacksonville, FL · median $299,999 · 85 homes for sale in 32254 · Duval County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of FREEDOM REALTY GROUP LLC · via realMLS
As of October 2026, the MLS records 11 closed sales in Thelma Villa in Jacksonville, FL since 2006, the most recent in June 2026. Across Jacksonville as a whole, 7,643 homes closed in the last 12 months at a median of $315,000, 43 median days on market, with 4,168 homes for sale today. At that median and Duval County's FY2025-26 rate of 17.86 mills, annual property tax runs about $5,630 ($4,890 with the full homestead exemption).
Thelma Villa is an older, small-footprint pocket of Jacksonville. With a median build year of 1942 and stock stretching back to 1922, condition is the single biggest lever on price here. Two homes on the same street can trade very differently depending on whether the systems, roof, and structure have been addressed. There is no median price in this snapshot to anchor to, so treat every listing as its own case and let inspection findings, not comps alone, set your number.
At 125 homes with a median living area around 1,113 square feet, this is a compact-home market. The homestead share sits at roughly 30 percent, meaning a large portion of the housing is held by owners who do not occupy it. For a buyer, that signals a mix of owner-held and non-owner-held property and a wide spread in upkeep. For a seller, a genuinely renovated home stands out in a place where much of the stock still shows its age.
Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Thelma Villa right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Thelma Villa is a small, historically older enclave in Jacksonville's Duval County, built mostly in the first half of the 20th century, where home condition varies widely and drives most of the pricing conversation.
realMLS (Northeast Florida) sales records identify 8 homes in Thelma Villa that have changed hands since 2009, built between 1922 and 2004 (median 1946), with a median living area of about 1,038 sq ft and a typical 3-bedroom, 1-bath layout; 88% are single-family homes. 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.
County records show 11 qualified sales in Thelma Villa across 2024–2025 (7 in 2024, 4 in 2025), median $91,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
The setting & the homes.
Aerial and on-site photos of Thelma Villa. Swipe to explore the community.
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Thelma Villa
Thelma Villa
Thelma Villa
Thelma VillaPhotos from realMLS listings in Thelma Villa; content deemed reliable but not guaranteed.
Who Thelma Villa is best for.
Best for
- Hands-on buyers willing to renovate or maintain an early-20th-century home
- Buyers seeking a small-footprint home with modest carrying costs
- Investors comfortable underwriting older stock in a non-owner-heavy pocket
Probably not for
- Buyers who need newer construction or larger living space
- Buyers wanting a turnkey home with no deferred maintenance
- Buyers who need a predictable, narrow price band to plan around
The market around Thelma Villa
Thelma Villa is too small for its own price trend, so here is the market around it.
In ZIP 32254, 116 homes are on the market and 25% 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 32254 (Jacksonville), 381 homes closed in the last 12 months at a median of $272K ($176/sq ft), down 0.8% year over year, with a median 54 days on market. Right now 56 active and 27 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 32254 housing market and the Duval County market.
ZIP and county figures describe the wider market, not Thelma Villa specifically. Momentum Research analysis of MLS records.
The Thelma Villa buying strategy.
If we were buying in Thelma Villa 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 Thelma Villa.
An old-stock, small-home market
The defining fact here is age. A median year built of 1942 and a range opening in 1922 means original construction, older framing, and the possibility of updates layered on over decades. Newer product exists at the tail end of the range through 2007, but it is the exception, not the rule. Budget realistically for inspections, and expect to underwrite roof, electrical, plumbing, and foundation individually rather than assuming a uniform standard.
Homes are modest in size, with the median living area near 1,113 square feet. That keeps carrying costs contained but also caps the ceiling on livable space without an addition. The roughly 30 percent homestead share tells you a meaningful slice of these homes are not owner-occupied, so you will find both well-kept residences and properties that have been held and worked as rentals. That variance is the opportunity and the risk in equal measure.
The location and the amenities are priced into every listing in Thelma Villa. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this driven by condition and age, the value is in reading each individual home, not the block. We help you separate a cosmetically refreshed listing from one that has had its 1940s-era systems genuinely addressed, and we price accordingly on both the buy and sell side. With no clean price band to lean on, our job is disciplined, house-by-house analysis.
Thelma Villa in 15 seconds.
Tools for a Thelma Villa 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 Thelma Villa sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Thelma Villa, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Thelma Villa home worth?
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Recently off market in Thelma Villa
Homes in Thelma Villa that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 2667 Amy Street · off market
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Saranac Street (4 homes on record)
- Ontario Street (2 homes on record)
- Ontario Street (2 homes on record)
- Saranac Street (2 homes on record)
Recent Developments in Thelma Villa
Development, infrastructure, retail, and school activity affecting Thelma Villa, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Retail & Dining
Council committee defers vote on incentives for Downtown Publix at 119 W. Beaver St.
The Finance Committee deferred a $49.65 million incentive package for Gateway Jax's $140.15 million high-rise anchored by a Publix at 119 W. Beaver St. The tower is planned with 259 apartments and about 400 parking spaces. The committee is scheduled to revisit the bill Nov. 4, the day after the Amendment 3 vote.
What it may mean for the marketThe timing of the first full-size grocery store in the Downtown core depends on the incentive vote, affecting nearby retail access. The site is about 2 miles southwest of Thelma Villa.
Source: Jacksonville Today - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The site is about 2 miles southwest of Thelma Villa.
Source: Jacksonville Today - September 2026Development
Downtown review board approves concept for first new University of Florida graduate campus building in LaVilla
The Downtown Development Review Board voted 7-0 on Sept. 10 for a six to eight story, roughly 185,000 square foot academic building on a 2.34-acre site bounded by West Bay, Forsyth and North Lee streets. It is the first new building in a multiphase UF graduate and semiconductor institute campus estimated at $345 million. UF hopes to break ground in December, pending final design review and permitting.
What it may mean for the marketA large graduate campus adds education and technology jobs and daytime foot traffic to the western Downtown core. The site is about 3 miles southwest of Thelma Villa.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The site is about 2 miles southwest of Thelma Villa.
Source: News4Jax - April 2026Development
Southeast Toyota opens $170M vehicle-processing facility at JAXPORT's Blount Island, adding 400-plus jobs
Southeast Toyota Distributors dedicated a new vehicle processing facility at JAXPORT's Blount Island Marine Terminal in April 2026. The company put the investment at $170 million and said the facility created more than 400 full-time jobs, most of them hired locally.
What it may mean for the marketA large new employment center on Blount Island adds sustained local job demand, a factor that has historically supported nearby housing absorption. The site is about 7 miles northeast of Thelma Villa.
Source: JAXPORT - February 2026Infrastructure
JAXPORT details $250M Blount Island modernization and record cargo in 2026 State of the Ports
At its February 2026 State of the Ports address, JAXPORT outlined a $250 million modernization of Blount Island's container and vehicle-handling capabilities and reported record fiscal-2025 cargo volumes. The port also said an air-draft expansion to accommodate larger ships is on track to finish by the end of 2026.
What it may mean for the marketContinued heavy investment in the Blount Island port complex anchors long-term industrial employment on the northeast side, a structural demand driver for the surrounding area. The site is about 7 miles northeast of Thelma Villa.
Source: News4Jax
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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Frequently Asked Questions
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When were the homes in Thelma Villa built?
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Where is Thelma Villa, and what county is it in?
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Should you buy in Thelma Villa?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 20, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32254)) |
| Under-contract shares | realMLS records, as of 2026-10-20 |
| Historical depth | Closed-sale records back to 2006 (11 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.
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Nearby Communities
Explore more neighborhoods near Thelma Villa with Momentum Realty’s local guides.
Schools serving nearby communities
We do not have a confirmed school assignment for Thelma Villa. These are the public schools most often assigned to other communities in ZIP 32254; zones change and vary by address, so confirm with the district before you buy.
- William M. Raines High School · 9-12 · FLDOE grade B (assigned to 4 nearby communities)
- Lake Shore Middle School · 6-8 · FLDOE grade C (assigned to 4 nearby communities)
- Riverside High School · 9-12 · FLDOE grade C (assigned to 4 nearby communities)
- Biltmore Elementary School · Elementary · FLDOE grade D (assigned to 4 nearby communities)
- James Weldon Johnson College Preparatory Middle School · Middle · FLDOE grade A (assigned to 4 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).