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.

1141 ALDERMAN Road E, Jacksonville, FL 32211 (MLS# 2152908)

1141 ALDERMAN Road E, Jacksonville, FL 32211

$358,600

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,643 Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $358,600 List Date: 6/29/2026 Last Modified: 11/02/2026

Overview

Description

Charm and curb appeal abound for this Jacksonville home! Step inside into the well-appointed living room, which is positioned at the front of the home and separates the home's living and sleeping quarters. Through the secondary family room you'll find the kitchen, which boasts stainless steel appliances, hard surface countertops, and ample storage. This ranch style floorplan is rounded out by the primary suite and three secondary bedrooms. Come and see for yourself the possibilities that this home has to offer!

Listing Details MLS# 2152908

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2643
Living Area Source: Public Records
Year Built: 1973
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.31
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From 9B,/I-295 N, exit 48 for Atlantic Blvd., turn left onto Atlantic; exit to Service Road/Arlingwood & follow thru circle & then turn right on Townsend, right on Alderman Rd, left on Alderman Rd.
Public Remarks: Charm and curb appeal abound for this Jacksonville home! Step inside into the well-appointed living room, which is positioned at the front of the home and separates the home's living and sleeping quarters. Through the secondary family room you'll find the kitchen, which boasts stainless steel appliances, hard surface countertops, and ample storage. This ranch style floorplan is rounded out by the primary suite and three secondary bedrooms. Come and see for yourself the possibilities that this home has to offer!
List Price/SqFt: 135.68

Property Features

Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Utilities: Electricity Available; Water Available Cooling: Other Heating: Other Water Source: Public Parking Features: Attached; Garage Current Use: Residential; Single Family 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: 2026-06-29

Location Tax and Legal

Street Number: 1141
Street Name: ALDERMAN
Street Suffix: Road
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Alderman Park

Status Change Information

Major Change Timestamp: 2026-10-28T11:41:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-28T11:41:00Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Seller's Addendum ›

LBPD ›

Flood Disclosure ›

Listing Office: EVERYSTATE INC

Last Updated: November - 02 - 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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