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.

1045 S PALM LANDING, Atlantic Beach, FL (MLS# 618143)

1045 S PALM LANDING, Atlantic Beach, FL

$995

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,218 Status: Closed

Current Price: $995 List Date: 4/12/2012 Last Modified: 12/06/2024

Overview

Description

3/2 with a one car garage very close to Mayport Nval Station.

Listing Details MLS# 618143

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1218
Living Area Source: Public Records
Year Built: 1984
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From Mayport Rd. turn onto Assisi Ln.Turn left into Cypress Cove to left on Palm Landing Dr.
Public Remarks: 3/2 with a one car garage very close to Mayport Nval Station.
List Price/SqFt: 0.82
Sold Price/SqFt: 0.82

Property Features

Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Primary Bathroom - Tub with Shower Pool Features: None Parking Features: Assigned Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Road Surface Type: Asphalt Tenant Pays: Cable TV; Electricity; Grounds Care; Sewer; Water

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2012-04-10
Lease Term: 12 Months

Location Tax and Legal

Street Number: 1045
Street Direction Prefix: S
Street Name: PALM LANDING
State: FL
County: Duval
MLS Area Major: 241-North Beach
Subdivision Name: Cypress Cove

Status Change Information

Major Change Timestamp: 2012-05-08T19:06:09Z
Major Change Type: Status Change
Purchase Contract Date: 2012-04-16
Close Date: 2012-05-05
Close Price: 995

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 35
Security Deposit: 1000

Historical Information

Public Historical Remarks 1: Tenant Pays Basic Phone: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Wall-to-Wall Carpet: Y, Per Period: 995
Public Historical Remarks 2: Occupancy: Specific Date-CLO, Min Rental Term-Transfer Clause-Military: Y, Sewer - Public: Y, Parcel Size: Less than .25 acre, Min Lease/Rent Term: 12 Months, Tenant Pays-Phone Long Distance: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Date Available: 4/25/2012

Listing Office: HOME FINDER REALTY CORP OF JAX

Last Updated: December - 06 - 2024

Information deemed reliable but not guaranteed.

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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.