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.

1266 DONALD Street, Jacksonville, FL 32205 (MLS# 2124244)

1266 DONALD Street, Jacksonville, FL 32205

$510,000

Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 2,289 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $510,000 List Date: 1/08/2026 Last Modified: 10/22/2026

Overview

Description

**NOW OFFERING $5,000 SELLER CREDIT** A quintessentially versatile quadruplex that offers both charm and opportunity in the heart of one of the city's most desirable neighborhoods. Recently renovated, this property spans an impressive 2,289 sq ft, featuring multiple living units that include a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and two studios, making it perfect for various living arrangements or investment strategies. Additionally, a new roof installed in 2020 ensures peace of mind for years to come. It's nestled on a spacious lot, this property highlights a large, fenced backyard. Currently operated as a lucrative short-term rental, this property offers flexibility in its use. It's ideal for ''house hacking'' - live in one unit and rent out the others, or continue to manage it as a short-term rental operation. Alternatively, transform it into a multigenerational family legacy home or switch to long-term rent for steady income.

Listing Details MLS# 2124244

General Property Information

Number Of Units Total: 4
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2289
Living Area Source: Owner
Accessibility Features YN: No
New Construction YN: No
Year Built: 1952
Garage YN: No
Carport YN: No
Lot Size Acres: 0.16
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Heading south on McDuff from Roosevelt, turn right onto Sydney St and then right onto Donald St. Property will be on your left.
Public Remarks: **NOW OFFERING $5,000 SELLER CREDIT** A quintessentially versatile quadruplex that offers both charm and opportunity in the heart of one of the city's most desirable neighborhoods. Recently renovated, this property spans an impressive 2,289 sq ft, featuring multiple living units that include a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and two studios, making it perfect for various living arrangements or investment strategies. Additionally, a new roof installed in 2020 ensures peace of mind for years to come. It's nestled on a spacious lot, this property highlights a large, fenced backyard. Currently operated as a lucrative short-term rental, this property offers flexibility in its use. It's ideal for ''house hacking'' - live in one unit and rent out the others, or continue to manage it as a short-term rental operation. Alternatively, transform it into a multigenerational family legacy home or switch to long-term rent for steady income.
List Price/SqFt: 227.17
Sold Price/SqFt: 222.8

Property Features

Appliances: Electric Cooktop; Electric Range; Electric Water Heater; Freezer; Microwave; Refrigerator Construction Materials: Brick Cooling: Wall/Window Unit(s) Current Use: Investment; Multi-Family; Residential Fencing: Back Yard; Wood Financial Data Source: Property Manager Flooring: Tile; Wood Heating: Electric Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Historic Area Other Structures: Shed(s) Parking Features: Off Street; Shared Driveway Possession: Close Of Escrow Roof: Shingle Utilities: Electricity Connected; Separate Electric Meters Water Source: Public

Contract Information

Listing Contract Date: 2026-01-08
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 1266
Street Name: DONALD
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: Ingleside Park
MLS Area Major: 032-Avondale

Status Change Information

Major Change Timestamp: 2026-06-01T16:21:26Z
Major Change Type: Status Change
Price Change Timestamp: 2026-04-23T09:45:18Z
Purchase Contract Date: 2026-04-27
Close Date: 2026-05-29
Close Price: 510000

Currently Not Used

Property Attached YN: No
yn11: No

More Information

Unit 1 Details

Unit ID: 1266
Unit SqFt: 841
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Short-term rental unit

Unit 2 Details

Unit ID: 1264
Unit SqFt: 722
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Short-term rental unit

Unit 3 Details

Unit ID: 1268
Unit SqFt: 276
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Short-term rental unit

Unit 4 Details

Unit ID: Cottage
Unit SqFt: 450
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Short-term rental unit

Listing Office: LOKATION

Last Updated: October - 22 - 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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