Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

0 E 1ST Street, Jacksonville, FL 32206 (MLS# 2172151)

0 E 1ST Street, Jacksonville, FL 32206

New Listing

$75,000

Property Type: Land Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $75,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Bring your vision to Historic Springfield! This cleared, grassy residential lot offers approximately 35 feet of frontage and 156 feet of depth, with RMD-S zoning and a November 2025 boundary survey available. Bring your own plans and builder to create a home that complements the neighborhood's historic character. Features include wood privacy fencing along the west and rear, black aluminum fencing with gated street access, a gravel driveway area, and an existing concrete driveway apron. The survey identifies Flood Zone X. Enjoy a convenient location near Downtown Jacksonville, parks, restaurants, and entertainment. The neighboring duplex is a separate property and is not included. Buyer to verify intended use, utilities, zoning, setbacks, flood status, and all required building and Historic District approvals.

Listing Details MLS# 2172151

General Property Information

Lot Size Acres: 0.12
Lot Size Dimensions: 34.88' x 156'
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: Head north on Liberty Street, take right on east 1st St, property is on the left.
Public Remarks: Bring your vision to Historic Springfield! This cleared, grassy residential lot offers approximately 35 feet of frontage and 156 feet of depth, with RMD-S zoning and a November 2025 boundary survey available. Bring your own plans and builder to create a home that complements the neighborhood's historic character. Features include wood privacy fencing along the west and rear, black aluminum fencing with gated street access, a gravel driveway area, and an existing concrete driveway apron. The survey identifies Flood Zone X. Enjoy a convenient location near Downtown Jacksonville, parks, restaurants, and entertainment. The neighboring duplex is a separate property and is not included. Buyer to verify intended use, utilities, zoning, setbacks, flood status, and all required building and Historic District approvals.
List Price/Acre: 625000

Property Features

Current Use: Residential Lot Features: Cleared; Historic Area Fencing: Wood; Other Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Road Surface Type: Asphalt Road Frontage Type: City Street Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-11-03

Location Tax and Legal

Street Direction Prefix: E
Street Name: 1ST
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 072-Springfield
Subdivision Name: Springfield

Status Change Information

Major Change Timestamp: 2026-11-03T20:18:09Z
Major Change Type: New Listing

More Information

Documents

Survey 2025 ›

Flood Disclosure ›

Vacant Land Disclosure ›

Listing Office: NOMAD REALTY

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

Compare listings

Compare