Metro area · Florida

Jacksonville, FL metro: mortgages and home buyers

2025 home-purchase and refinance statistics for the 5-county Jacksonville, FL area (OMB code 27260), from official HMDA records.

In 2025, lenders reported 20,583 home-purchase mortgages for owner-occupied, single-family homes in the Jacksonville, FL metro area. The median buyer borrowed $335,000 on a home valued at $375,000 and reported a household income of $110,000.

Buyers financed a median 95% of the home's value (roughly 5% down), paid a median 6.50% on 30-year fixed conventional loans and faced median conventional loan costs of $6,130.

Lenders denied 9.9% of completed home-purchase applications.

Purchase loans

20,583

5 counties

Buyer income

$110,000

U.S. $116,000

Loan amount

$335,000

U.S. $335,000

Down payment

U.S. 10%

30-yr fixed rate

6.50%

U.S. 6.625%

Denial rate

9.9%

Purchase · U.S. 8.5%

Key facts

The median 30-year fixed conventional rate here was 13 basis points below the U.S. median (6.625%).
Median conventional loan costs ($6,130) were 10% higher than the U.S. median ($5,570).
VA loans were unusually common: 23.6% of purchase mortgages.
The most common age bracket among borrowers was 25–34 (28.6% of purchase loans).
57.3% of purchase mortgages had a single borrower with no co-applicant.
The most-cited reason for denial was debt-to-income ratio (41.5% of denials with a stated reason).

Counties in the metro area

County	Purchase loans	Median loan	Buyer income	30-yr rate	Loan costs	Conforming limit	FHA limit
Duval County, FL	10,327	$295,000	$95,000	6.500%	$5,910	$832,750	$580,750
St. Johns County, FL	5,903	$405,000	$143,000	6.490%	$6,450	$832,750	$580,750
Clay County, FL	2,907	$325,000	$103,000	6.500%	$5,850	$832,750	$580,750
Nassau County, FL	1,262	$395,000	$137,000	6.500%	$6,310	$832,750	$580,750
Baker County, FL	184	$305,000	$104,000	6.500%	$6,530	$832,750	$580,750

Who bought homes in Jacksonville

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans

20,583

of 23,511 applications

Buyer income

$110,000

Middle half $77,000–$165,000

Home value

$375,000

Middle half $295,000–$525,000

Loan amount

$335,000

Middle half $255,000–$435,000

Down payment

33.3% put 20%+ down

Single borrower

57.3%

No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 50.5% 10,393

FHA 25.6% 5,265

VA 23.6% 4,850

USDA 0.4% 75

What the homes were for

Primary residence 95.1% 21,585

Second home 2.7% 621

Investment property 2.1% 483

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 5.9%

25–34 28.6%

35–44 26.5%

45–54 17.4%

55–64 12.7%

65–74 6.6%

75 and over 2.3%

Debt-to-income ratio

Under 20% 3.4%

20–29% 11.5%

30–35% 13.0%

36–42% 23.6%

43–49% 32.1%

50–60% 15.1%

Over 60% 1.3%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Jacksonville

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

Measure	Jacksonville	U.S.
30-year fixed rate · conventional	6.500%	6.625%
30-year fixed rate · FHA	5.990%	6.250%
30-year fixed rate · VA	5.990%	6.125%
15-year fixed rate · conventional	5.750%	5.875%
Rate spread vs. APOR · conventional	+0.02 pts	+0.13 pts
Total loan costs · conventional	$6,130	$5,570
Total loan costs · FHA	$11,160	$11,310
Total loan costs · VA	$7,290	$6,490
Origination charges (all loan types)	$1,750	$1,860
Borrowers paying discount points	57.7%	51.3%
Points paid, when paid (% of loan)	1.02%	0.87%
Borrowers receiving lender credits	32.0%	33.1%
Adjustable-rate mortgages	5.4%	7.4%
Jumbo loans (above conforming limit)	3.5%	3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Jacksonville: 2,326 of 23,511 completed home-purchase applications were denied (9.9%).

Denial rate

Application	Jacksonville	U.S.
Home purchase	9.9%	8.5%
Conventional	7.6%	7.1%
FHA	14.5%	12.5%
VA	9.1%	8.0%
USDA	25.2%	12.5%
Refinance	24.6%	17.9%
Cash-out refinance	37.5%	33.6%

Main reason for purchase denials

Debt-to-income ratio 41.5%

Credit history 18.7%

Collateral (appraisal/property) 9.7%

Other 7.8%

Unverifiable information 6.5%

Insufficient cash (down payment/closing costs) 6.5%

Credit application incomplete 6.1%

Employment history 3.3%

Mortgage insurance denied 0.0%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Jacksonville

Refinances

2,982

Median loan $355,000

Refi rate

6.375%

30-yr fixed, conv.

Refi loan costs

$5,750

Conventional

Cash-out refis

2,994

Median loan $265,000

Cash-out rate

6.75%

30-yr fixed, conv.

Cash-out income

$96,000

Median borrower

Source: FFIEC/CFPB HMDA 2025 public LAR (derived MSA/MD); OMB July 2023 delineations via the U.S. Census Bureau. Methodology