Florida · 38th largest metro area

Buying a home in Jacksonville, Florida

In Jacksonville, the median value of owner-occupied homes is $293,700, Duval County's effective property tax rate is 0.75%, a purchase mortgage carried a median $7,652 in total loan costs in 2025, and median gross rent is $1,465 a month.

Data as of : Census ACS 2020-2024, Census Vintage 2024, HMDA 2025, HUD FY 2027. Sources

Jacksonville home costs, fact by fact

About Jacksonville

Jacksonville has a city population of 1,009,833 and forms the Jacksonville, FL metro area, ranked 38th among US metro areas. Owners live in 57.6% of homes.

Reading the Jacksonville figures

Jacksonville's owner-estimated value of $293,700 is below the state's $396,700 and close to Tallahassee ($294,400) and Lehigh Acres ($292,400), while Miami reaches $518,100. Rent is $1,465 a month; Gainesville and Lakeland report less ($1,296 and $1,395), Miami more ($1,758). With 57.6% of households owning, the city is well above Miami's 30.8%.

Duval County's median value is $303,500; at a 0.75% effective rate the yearly tax bill is $2,264. HUD's $1,694 sits above the city rent. The city has 1,009,833 residents, and its metro region holds a national rank of 38th. Lending data from 2025 show loan costs of $7,652 at the midpoint, while the central group of borrowers paid $4,895 to $11,270.

Calculate for Florida

If you buy

Florida state transfer tax

Documentary stamp tax on deeds: $0.70 per $100 of consideration, or fraction of $100 (Miami-Dade: $0.60 per $100). Change the price: the amount is recalculated instantly.

Price$396,700
State transfer tax$2,776.90
Share of the price0.7% of the price
Who paysSet by the purchase contract

Default price: the Florida median value of owner-occupied homes, $396,700 (Census ACS 2025). Rule: Divide the consideration by $100, round up to the next whole unit, multiply by $0.70. Consideration includes any mortgage balance on the property, whether or not assumed. Miami-Dade uses $0.60. Who pays: The law makes all parties liable regardless of which agrees to pay; the purchase contract allocates the cost. Not included: county and city transfer taxes, the tax on the mortgage, recording fees, title insurance and lender charges. Florida transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Florida state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

Sectors of Jacksonville

Jacksonville is divided into its planning districts (6) of the 2010 Comprehensive Plan, one open spot per trade in each.

Source: City of Jacksonville, Citizens Planning Advisory Committees (CPAC boundaries follow the six planning districts). Six planning districts set by the City of Jacksonville 2010 Comprehensive Plan and used for its Citizens Planning Advisory Committees. The city GIS server could not be reached, so no population is given per district.

Questions about buying a home in Jacksonville

How much is property tax in Jacksonville?

Homeowners in Duval County pay a median $2,264 a year in property tax, 0.75% of the county median home value of $303,500 (Census ACS 2020-2024). Your bill depends on your assessed value and local rates.

What are closing costs on a mortgage in Jacksonville?

Home-purchase mortgages in Duval County carried median total loan costs of $7,652 in 2025; half of the 10,132 loans fell between $4,895 and $11,270 (HMDA). Total loan costs are the lender and settlement-service charges of the Closing Disclosure; transfer taxes and prepaid items come on top.

Is there a transfer tax when you buy a home in Jacksonville?

Florida's transfer tax is the documentary stamp tax on deeds, 70 cents per $100 of price in every county except Miami-Dade, where it is 60 cents per $100. A mortgage adds 35 cents per $100 and a 0.2% intangible tax.

Is it cheaper to rent or buy in Jacksonville?

It depends on your mortgage rate, down payment and how long you stay. As a benchmark, the median value of owner-occupied homes in Jacksonville ($293,700) equals 16.7 years of the median gross rent ($1,465 a month), both from Census ACS 2020-2024.

What natural hazards affect home insurance in Jacksonville?

Across Florida, the main hazards for home insurance are hurricane wind, flood and storm surge, and the insurer of last resort is Citizens Property Insurance Corporation. A Florida homeowners policy must offer hurricane deductibles of 2%, 5% and 10% of the dwelling limit (s. 627.701), and Citizens requires flood coverage on all its homeowners policies with wind coverage by January 1, 2027.

Run your own numbers: rent vs buy calculator · closing costs calculator.

Florida rules that apply in Jacksonville

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Sources

Florida · All states · Federal guides