Location: Jackson County, FL | Metro: Jackson County, FL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 32426 suggests a balanced market with implications for both pricing power and rental income potential. With a median home value of $134,671, the area remains accessible to a broad range of buyers, including those seeking affordable housing options. The fact that the percentage of listings reduced and the median days on market (DOM) are not available points to a stable market where neither sellers nor buyers are currently showing significant urgency. This stability is crucial for long-term investment strategies, especially for small-portfolio investors and landlords.
On the rental side, the Forward Monthly Rent (FMR) for the metro area in fiscal year 2026 is projected at $1,070, while the current market rent stands at $927. This indicates an upward trend in rental values, suggesting that landlords who hold properties in this ZIP code can anticipate modest increases in their rental income over the next few years. However, the gap between the FMR and the current market rent also signals that there is room for growth without immediate pressure to raise rents significantly. Landlords should be prepared to adjust rents gradually to align with the expected future market rates.
For long-hold investors, the appreciation thesis in ZIP 32426 is realistic but conservative. The combination of an affordable median home value and a projected increase in rental rates supports the idea that property values will likely appreciate, albeit at a measured pace. This setup is ideal for investors looking to build wealth over time through steady growth in asset value rather than rapid, speculative gains. As such, maintaining properties in good condition and keeping rents competitive with market trends will be key to maximizing returns on investment.
Investors should also consider the broader economic context affecting ZIP 32426. Factors such as employment growth, population changes, and infrastructure developments can influence both home values and rental demand. Keeping a close eye on these elements will help inform decisions about when to list properties for sale or rent, ensuring they remain aligned with market conditions.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.