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.

1213 CHERRY Street, Jacksonville, FL 32205 (MLS# 2171644)

1213 CHERRY Street, Jacksonville, FL 32205

New Listing

$1,475

Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 672 Lot Size (sq. ft.): 9,583 Status: Pending

Current Price: $1,475 List Date: 10/30/2026 Last Modified: 11/02/2026

Overview

Description

Welcome to this completely remodeled 1-bedroom, 1-bath garage apartment, right in the heart of Avondale! Every detail has been updated from top to bottom, offering modern style and comfort throughout. The spacious living and dining area features beautiful hardwood floors and opens to a large screened-in balcony, perfect for relaxing or entertaining. The kitchen shines with granite countertops, white shaker cabinets, and brand-new stainless steel appliances including a range, refrigerator, and microwave. A washer and dryer are also included for your convenience. Enjoy the added benefit of a 1-car garage for parking or extra storage. Lawn care and pest control included in rent. $1,475 security deposit, may consider pets with NRPF, available now.

Listing Details MLS# 2171644

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 672
Living Area Source: Assessor
Year Built: 1925
Lot Size Acres: 0.22
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: From 5-Points: head west on Park St, right on Cherry Street to property on right.
Public Remarks: Welcome to this completely remodeled 1-bedroom, 1-bath garage apartment, right in the heart of Avondale! Every detail has been updated from top to bottom, offering modern style and comfort throughout. The spacious living and dining area features beautiful hardwood floors and opens to a large screened-in balcony, perfect for relaxing or entertaining. The kitchen shines with granite countertops, white shaker cabinets, and brand-new stainless steel appliances including a range, refrigerator, and microwave. A washer and dryer are also included for your convenience. Enjoy the added benefit of a 1-car garage for parking or extra storage. Lawn care and pest control included in rent. $1,475 security deposit, may consider pets with NRPF, available now.
List Price/SqFt: 2.19

Property Features

Additional Lease Terms: 12 Months Owner Pays: Grounds Care; Pest Control; Trash Collection; Other Levels: Two Appliances: Electric Range; Microwave; Refrigerator; Washer/Dryer Stacked Interior Features: Built-in Features; Ceiling Fan(s); Primary Bathroom - Tub with Shower Laundry Features: In Unit Exterior Features: Balcony Patio And Porch Features: Patio Water Source: Public Parking Features: Garage; Off Street; Shared Driveway Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Rent Includes: Gardener; Trash Collection; Other Tenant Pays: Electricity; Sewer; Water Pets Allowed: Yes; Breed Restrictions; Cats OK; Dogs OK

Contract Information

Property Sub Type: Apartment
Listing Contract Date: 2026-10-30
Lease Term: 12 Months
Availability Date: 2025-10-30

Location Tax and Legal

Street Number: 1213
Street Name: CHERRY
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32205
MLS Area Major: 032-Avondale
Subdivision Name: New Riverside

Status Change Information

Major Change Timestamp: 2026-11-02T12:47:30Z
Major Change Type: Status Change
Purchase Contract Date: 2026-11-01

Deposits and Fees

Additional Fee: 100
Application Fee: 85
Security Deposit: 1475

More Information

Listing Office: BEE HOME REALTY, LLC

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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