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.

1206 2ND Street B, Jacksonville Beach, FL 32250 (MLS# 1105955)

1206 2ND Street B, Jacksonville Beach, FL 32250

$501,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,875 Status: Closed

Current Price: $501,000 List Date: 4/21/2021 Last Modified: 2/07/2025

Overview

Description

Living the Florida Dream just steps to the beach. Bring your flip flops and surfboard. 3 bedroom beach townhome in a super location just a short bike ride to the white sandy beaches or unique dining restaurants. This 2 story townhome has a lot to offer. Attached garage for parking and storing beach equipment. Open floor plan with large family room and dining area. Large kitchen with plenty of counter space, cabinets and storage. All three bedrooms are spacious. The owners suite has a balcony facing east that owners can enjoy the ocean breezes and sunrises. Luxury owners bath w/ plenty of space. Nice closets throughout. SUPER quiet location in the heart of JAX BEACH. Great investment or primary residence. Pack your flip flops and frisbee and grab this property before it's too lat

Listing Details MLS# 1105955

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1875
Living Area Source: Public Records
Year Built: 2002
Association YN: No
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: A1A North towards Jacksonville Beaches, turn right onto 13th Ave s, left on 2nd St S
Public Remarks: Living the Florida Dream just steps to the beach. Bring your flip flops and surfboard. 3 bedroom beach townhome in a super location just a short bike ride to the white sandy beaches or unique dining restaurants. This 2 story townhome has a lot to offer. Attached garage for parking and storing beach equipment. Open floor plan with large family room and dining area. Large kitchen with plenty of counter space, cabinets and storage. All three bedrooms are spacious. The owners suite has a balcony facing east that owners can enjoy the ocean breezes and sunrises. Luxury owners bath w/ plenty of space. Nice closets throughout. SUPER quiet location in the heart of JAX BEACH. Great investment or primary residence. Pack your flip flops and frisbee and grab this property before it's too lat
List Price/SqFt: 287.95
Sold Price/SqFt: 267.2

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator Interior Features: Breakfast Bar; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Tile Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Pool Features: None Roof: Shingle Fencing: Back Yard Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-04-11

Location Tax and Legal

Street Number: 1206
Street Name: 2ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 212-Jacksonville Beach-SE
Subdivision Name: Section Land

Status Change Information

Major Change Timestamp: 2021-06-07T16:10:01Z
Major Change Type: Status Change
Purchase Contract Date: 2021-05-01
Close Date: 2021-06-04
Close Price: 501000

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Family Room

Listing Office: ASSIST2SELL FULL SERVICE REALTY LLC.

Last Updated: February - 07 - 2025

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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