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.

1018 FRAZIER Street, Jacksonville, FL 32209 (MLS# 2147998)

1018 FRAZIER Street, Jacksonville, FL 32209

$111,700

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,286 Lot Size (sq. ft.): 3,920 Status: Pending

Current Price: $111,700 List Date: 6/01/2026 Last Modified: 10/28/2026

Overview

Description

Bright, clean, and move-in ready, this beautifully renovated home features an elegant layout, new LVP flooring, fresh paint, updated kitchen cabinets and countertops, stainless steel appliances, and renovated bathrooms. Enjoy a spacious backyard and a convenient Downtown location. A perfect blend of style, comfort, and value! This property may be purchased individually or as part of a larger portfolio. Complete list of properties is available. The entire portfolio may be acquired using a ''subject-to'' financing structure, subject to mutually acceptable terms.

Listing Details MLS# 2147998

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1286
Living Area Source: Public Records
Year Built: 1949
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.09
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: West on 8th st from I-95, Right on Francis, Right on Reiman, Left on Mt Herman, Right on Frazier, Home on Right.
Public Remarks: Bright, clean, and move-in ready, this beautifully renovated home features an elegant layout, new LVP flooring, fresh paint, updated kitchen cabinets and countertops, stainless steel appliances, and renovated bathrooms. Enjoy a spacious backyard and a convenient Downtown location. A perfect blend of style, comfort, and value! This property may be purchased individually or as part of a larger portfolio. Complete list of properties is available. The entire portfolio may be acquired using a ''subject-to'' financing structure, subject to mutually acceptable terms.
List Price/SqFt: 86.86

Property Features

Appliances: Electric Range Utilities: Electricity Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Parking Features: Additional Parking Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-05-29

Location Tax and Legal

Street Number: 1018
Street Name: FRAZIER
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Hendersonville

Status Change Information

Major Change Timestamp: 2026-10-28T21:37:57Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-28

DPR Eligible

DPR Eligible: No

More Information

Listing Office: ZALLOUM REALTY LLC

Last Updated: October - 28 - 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