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.

1145 TALBOT Avenue, Jacksonville, FL 32205 (MLS# 2166998)

1145 TALBOT Avenue, Jacksonville, FL 32205

$1,450

Tenants can use a portion of the carport for storage

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 1,230 Status: Active

Current Price: $1,450 List Date: 9/29/2026 Last Modified: 10/27/2026

Overview

Description

MURRAY HILL 2ND-FLOOR DUPLEX AVAILABLE NOW! Enjoy the space and character of this approximately 1,230-square-foot, 2-bedroom, 1-bath home just one block from Murray Hill's shops, restaurants, and neighborhood amenities. The welcoming living room features an ornamental fireplace, while a separate dining room gives you a dedicated space for meals or entertaining. The kitchen includes a stainless steel refrigerator, range, and dishwasher, and an in-unit washer and dryer make laundry convenient. With two bedrooms and a distinct living and dining area, this duplex offers room to settle in and make it your own. Security deposit due at lease signing. Approved tenants must complete a background and credit check and provide proof of income and renters insurance. No pets.

Listing Details MLS# 2166998

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1230
Living Area Source: Public Records
Year Built: 1930
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: From 5-points: west on Park, right on Edgewood, left on Mayflower, right on Talbot to property on right.
Public Remarks: MURRAY HILL 2ND-FLOOR DUPLEX AVAILABLE NOW! Enjoy the space and character of this approximately 1,230-square-foot, 2-bedroom, 1-bath home just one block from Murray Hill's shops, restaurants, and neighborhood amenities. The welcoming living room features an ornamental fireplace, while a separate dining room gives you a dedicated space for meals or entertaining. The kitchen includes a stainless steel refrigerator, range, and dishwasher, and an in-unit washer and dryer make laundry convenient. With two bedrooms and a distinct living and dining area, this duplex offers room to settle in and make it your own. Security deposit due at lease signing. Approved tenants must complete a background and credit check and provide proof of income and renters insurance. No pets.
List Price/SqFt: 1.18

Property Features

Additional Lease Terms: 12 Months Owner Pays: Exterior Maintenance; Pest Control Levels: One Appliances: Dishwasher; Gas Range; Refrigerator; Washer/Dryer Stacked Laundry Features: In Unit Exterior Features: Balcony Water Source: Public Parking Features: On Street Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities Pets Allowed: No

Contract Information

RentEdge Syndication Y/N: Yes
Property Sub Type: Duplex
Property Attached YN: Yes
Listing Contract Date: 2026-09-28
Lease Term: 12 Months
Availability Date: 2026-09-29

Location Tax and Legal

Street Number: 1145
Street Name: TALBOT
Street Suffix: Avenue
State: FL
County: Duval
Postal Code: 32205
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill Heights

Status Change Information

Major Change Timestamp: 2026-10-20T18:13:48Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-20T18:13:48Z

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 59.95
Security Deposit: 1495

Listing Office: NOMAD REALTY

Last Updated: October - 27 - 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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