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.

1061 ALDERSIDE Street, Jacksonville, FL 32208 (MLS# 2171501)

1061 ALDERSIDE Street, Jacksonville, FL 32208

$215,000

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $215,000 List Date: 10/29/2026 Last Modified: 10/29/2026

Overview

Description

Investor opportunity! Discover this 1980s duplex tucked away at the end of a quiet, low-traffic cul-de-sac in Jacksonville's North Brookside neighborhood! Each spacious 2-bedroom, 1-bath unit offers approximately 750 SF, generous yard space, and convenient off-street parking. Unit A is currently leased at $1,000/month, while Unit B has a pending move-in at $1,050/month, with occupancy anticipated prior to closing. Combined projected rental income of $2,050/month! Conveniently located near major roadways, shopping, dining, schools, and employment centers, with easy access to Downtown Jacksonville and the city's expanding business and entertainment districts. As Jacksonville continues to attract investment, redevelopment, and new businesses, this property presents an exciting opportunity to establish or expand your rental portfolio in a growing Northeast Florida market. Two units, two income streams, one great investment opportunity!

Listing Details MLS# 2171501

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1500
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1986
Garage YN: No
Carport YN: No
Lot Size Acres: 0.24
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Head south on Norwood Avenue, turn right onto Alderside Street, and continue to the end of the street. Property is on the right at 1061 Alderside Street.
Public Remarks: Investor opportunity! Discover this 1980s duplex tucked away at the end of a quiet, low-traffic cul-de-sac in Jacksonville's North Brookside neighborhood! Each spacious 2-bedroom, 1-bath unit offers approximately 750 SF, generous yard space, and convenient off-street parking. Unit A is currently leased at $1,000/month, while Unit B has a pending move-in at $1,050/month, with occupancy anticipated prior to closing. Combined projected rental income of $2,050/month! Conveniently located near major roadways, shopping, dining, schools, and employment centers, with easy access to Downtown Jacksonville and the city's expanding business and entertainment districts. As Jacksonville continues to attract investment, redevelopment, and new businesses, this property presents an exciting opportunity to establish or expand your rental portfolio in a growing Northeast Florida market. Two units, two income streams, one great investment opportunity!
List Price/SqFt: 143.33

Property Features

Construction Materials: Stucco Cooling: Wall/Window Unit(s) Current Use: Multi-Family Financial Data Source: Owner Heating: Other Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Dead End Street Owner Pays: Insurance; Management; Sewer; Taxes; Trash Collection Parking Features: Off Street Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Showing Requirements: Other Tenant Pays: Electricity; Water Utilities: Electricity Connected; Water Connected

Contract Information

Listing Contract Date: 2026-10-28
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 1061
Street Name: ALDERSIDE
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
Subdivision Name: North Brookside
MLS Area Major: 071-Brentwood/Evergreen

Status Change Information

Major Change Timestamp: 2026-10-29T21:33:59Z
Major Change Type: New Listing

Currently Not Used

Property Attached YN: Yes
yn11: No

More Information

Income and Expenses

Gross Income: 23370
Net Operating Income: 16706.07
Operating Expense: 6663.93

Unit 1 Details

Unit ID: A
Actual Rent: 1000
Unit SqFt: 750
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Unfurnished

Unit 2 Details

Unit ID: B
Actual Rent: 1050
Unit SqFt: 750
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Unfurnished - Tenant in process of moving in

Listing Office: BLUE PEAK REALTY LLC

Last Updated: October - 29 - 2026

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.

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