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.

1280 RENSSELAER Avenue, Jacksonville, FL 32205 (MLS# 2156541)

1280 RENSSELAER Avenue, Jacksonville, FL 32205

$295,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 910 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $295,000 List Date: 7/22/2026 Last Modified: 10/31/2026

Overview

Description

SELLER TO PAY 3% IN BUYERS CLOSING COSTS! Completely renovated • No HOA • Near Jacksonville's best Restaurants and The Shoppes of Avondale Freshly renovated with the character buyers look for in Avondale, this 3-bedroom bungalow brings together classic charm, modern updates and a hard-to-beat Riverside/Avondale location. Tucked at 1280 Rensselaer Ave in Jacksonville, the home is close to some of the neighborhood's best-loved dining and shopping, including Restaurant Orsay, Biscottis, Southern Grounds and The Shoppes of Avondale. Boone Park is just down the road for green space, tennis, a playground and outdoor time, with St. Vincent's Riverside Hospital also nearby. Inside, the open kitchen features white shaker soft-close cabinetry, quartz countertops and stainless steel appliances, while the renovated bathroom adds a clean black-and-white finish. Major updates include AC and ductwork, electrical wiring, panel and fixtures, repiping and plumbing fixtures, vinyl flooring, interio ... (Read more)

Supplements: and exterior paint, a new driveway and a 2021 roof. A backyard shed adds storage, and no HOA keeps ownership simple in one of Jacksonville's most loved historic neighborhoods.

Listing Details MLS# 2156541

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 910
Living Area Source: Public Records
Year Built: 1943
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.16
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: North on US 17 towards I-10.. Right onto Rensselaer Ave. House down on right.
Public Remarks: SELLER TO PAY 3% IN BUYERS CLOSING COSTS! Completely renovated • No HOA • Near Jacksonville's best Restaurants and The Shoppes of Avondale Freshly renovated with the character buyers look for in Avondale, this 3-bedroom bungalow brings together classic charm, modern updates and a hard-to-beat Riverside/Avondale location. Tucked at 1280 Rensselaer Ave in Jacksonville, the home is close to some of the neighborhood's best-loved dining and shopping, including Restaurant Orsay, Biscottis, Southern Grounds and The Shoppes of Avondale. Boone Park is just down the road for green space, tennis, a playground and outdoor time, with St. Vincent's Riverside Hospital also nearby. Inside, the open kitchen features white shaker soft-close cabinetry, quartz countertops and stainless steel appliances, while the renovated bathroom adds a clean black-and-white finish. Major updates include AC and ductwork, electrical wiring, panel and fixtures, repiping and plumbing fixtures, vinyl flooring, interior
List Price/SqFt: 324.18

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Washer Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Other Fencing: Full Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-22

Location Tax and Legal

Street Number: 1280
Street Name: RENSSELAER
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 032-Avondale
Subdivision Name: Avondale

Status Change Information

Major Change Timestamp: 2026-10-29T17:28:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-29T17:28:57Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 31 - 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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