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.

1217 W 29TH Street, Jacksonville, FL 32209 (MLS# 2119375)

1217 W 29TH Street, Jacksonville, FL 32209

$100,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,320 Lot Size (sq. ft.): 4,792 Status: Pending

Current Price: $100,000 List Date: 10/14/2026 Last Modified: 10/29/2026

Overview

Description

Charming home in the Speedway Park neighborhood with easy access to I-95 and downtown Jacksonville. Features a spacious layout with updates that make it move in ready! Perfect for first-time buyers or investors looking for a home with great rental history. Close to schools, parks, and local amenities. A rare opportunity to own in a convenient, well-connected location. Great opportunity!

Listing Details MLS# 2119375

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1320
Living Area Source: Public Records
Year Built: 1928
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-95, take Exit 355 for Golfair Blvd and head west. Continue straight as Golfair becomes W 29th St. Follow W 29th St for about half a mile. The property will be on the left.
Public Remarks: Charming home in the Speedway Park neighborhood with easy access to I-95 and downtown Jacksonville. Features a spacious layout with updates that make it move in ready! Perfect for first-time buyers or investors looking for a home with great rental history. Close to schools, parks, and local amenities. A rare opportunity to own in a convenient, well-connected location. Great opportunity!
List Price/SqFt: 75.76

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Electric Range; Refrigerator Flooring: Carpet Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Roof: Shingle Parking Features: Off Street; Other Fencing: Back Yard; Chain Link Current Use: Investment; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-11-25

Location Tax and Legal

Street Number: 1217
Street Direction Prefix: W
Street Name: 29TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Speedway Park

Status Change Information

Major Change Timestamp: 2026-10-29T15:23:00Z
Major Change Type: Status Change
Price Change Timestamp: 2026-07-01T17:12:43Z
Purchase Contract Date: 2026-10-28

DPR Eligible

DPR Eligible: No

More Information

Documents

Flood Disclosure ›

Seller's Property Disclosure ›

Lead Based Paint ›

Listing Office: DOGWOOD REALTY

Last Updated: October - 29 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare