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.

129 11TH Avenue N A, Jacksonville Beach, FL 32250 (MLS# 1105070)

129 11TH Avenue N A, Jacksonville Beach, FL 32250

$750,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,960 Status: Closed

Current Price: $750,000 List Date: 4/16/2021 Last Modified: 2/07/2025

Overview

Description

Wow!! Beautiful 3 story townhome upgraded in every way. Just steps to the beach & easy walk to Margaritaville & several great restaurants & shops*End unit w rare 2-car garage*Walk into the 1st floor w/high end travertine flooring, oversize closet for storage & laundry room w/extra cabinetry*Walk up gleaming wood stairs w/custom iron railing*You & your guests will be further impressed w/2nd & 3rd floors*Custom bar area w/wine chiller*Lite/brite kitchen w/high-end Bosch appliances & beautiful granite countertops*This overlooks the spacious family room & dining area*Relaxing balcony views*Perfect area for the family or entertaining friends*Upstairs is the master w/luxury bathroom*2nd bedroom has built in-Murphy Bed*3rd bedroom has built-in desk*Newly painted exterior*Roof in 2019*Security*

Listing Details MLS# 1105070

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1960
Living Area Source: Public Records
Year Built: 2007
Association YN: No
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 3
Directions: A1A TO 11TH AVE NORTH - EAST on 11th Ave N to Townhomes on left, 1 blk off ocean.
Public Remarks: Wow!! Beautiful 3 story townhome upgraded in every way. Just steps to the beach & easy walk to Margaritaville & several great restaurants & shops*End unit w rare 2-car garage*Walk into the 1st floor w/high end travertine flooring, oversize closet for storage & laundry room w/extra cabinetry*Walk up gleaming wood stairs w/custom iron railing*You & your guests will be further impressed w/2nd & 3rd floors*Custom bar area w/wine chiller*Lite/brite kitchen w/high-end Bosch appliances & beautiful granite countertops*This overlooks the spacious family room & dining area*Relaxing balcony views*Perfect area for the family or entertaining friends*Upstairs is the master w/luxury bathroom*2nd bedroom has built in-Murphy Bed*3rd bedroom has built-in desk*Newly painted exterior*Roof in 2019*Security*
List Price/SqFt: 382.65
Sold Price/SqFt: 382.65

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Dishwasher Security Features: Security System Owned Construction Materials: Stucco Pool Features: None Parking Features: Additional Parking Current Use: Multi-Family; Residential Possession: Negotiable

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2021-04-14

Location Tax and Legal

Street Number: 129
Street Name: 11TH
Street Suffix: Avenue
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 211-Jacksonville Beach-NE
Subdivision Name: Flagler Tract

Status Change Information

Major Change Timestamp: 2021-07-02T13:47:19Z
Major Change Type: Status Change
Purchase Contract Date: 2021-06-14
Close Date: 2021-07-01
Close Price: 750000

Historical Information

Public Historical Remarks 1: Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Bath-Garden Bath: Y
Public Historical Remarks 3: Unit Type: Loft, End Unit

More Information

Listing Office: RE/MAX SPECIALISTS

Last Updated: February - 07 - 2025

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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