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.

125 E 45TH Street, Jacksonville, FL 32208 (MLS# 2155251)

125 E 45TH Street, Jacksonville, FL 32208

$150,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,208 Lot Size (sq. ft.): 4,792 Status: Active Under Contract

Current Price: $150,000 List Date: 7/17/2026 Last Modified: 10/29/2026

Overview

Description

Motivated seller presents this turnkey 3-bedroom, 2-bathroom, 1,208 sqft cottage full of classic 1956 charm and modern upgrades. Enjoy peace of mind with brand-new plumbing, a beautifully renovated bathroom, and a new electric stove. Featuring an extended driveway with covered parking and ample off-street space, this move-in-ready property is primed for homeowners and savvy investors alike. Turnkey opportunities like this do not last long--schedule your private tour today and bring your best offer!

Listing Details MLS# 2155251

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1208
Living Area Source: Public Records
Year Built: 1956
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: Go N on 17 to L on Main Street. Turn R on 45th Street East. Home is on the L.
Public Remarks: Motivated seller presents this turnkey 3-bedroom, 2-bathroom, 1,208 sqft cottage full of classic 1956 charm and modern upgrades. Enjoy peace of mind with brand-new plumbing, a beautifully renovated bathroom, and a new electric stove. Featuring an extended driveway with covered parking and ample off-street space, this move-in-ready property is primed for homeowners and savvy investors alike. Turnkey opportunities like this do not last long--schedule your private tour today and bring your best offer!
List Price/SqFt: 124.17

Property Features

Architectural Style: Cottage Levels: One Appliances: Dryer; Electric Cooktop; Electric Oven; Electric Range; Refrigerator; Washer Interior Features: Breakfast Bar; Primary Bathroom - Shower No Tub; Smart Thermostat Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Awning(s) Roof: Shingle Parking Features: On Street Lot Features: Few Trees Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-11

Location Tax and Legal

Street Number: 125
Street Direction Prefix: E
Street Name: 45TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Edmondsons Main Stre

Status Change Information

Major Change Timestamp: 2026-10-29T02:37:23Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-15T18:38:44Z
Contingency: Active Under Contract
Contingent Date: 2026-10-27

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: October - 29 - 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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