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 LAWTON Avenue, Jacksonville, FL 32208 (MLS# 2029830)

129 LAWTON Avenue, Jacksonville, FL 32208

$144,990

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,194 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $144,990 List Date: 10/07/2024 Last Modified: 10/22/2026

Overview

Description

Welcome to your new home in the beautiful Panama Park subdivision! This charming 3-bedroom, 1-bathroom house is perfect for anyone looking for comfort and convenience. Step inside to a large living room, perfect for relaxing or entertaining guests. The spacious dining area is ideal for meals and gatherings. The concrete block construction ensures durability and peace of mind. You'll love the updated kitchen, featuring modern appliances and plenty of counter space for all your cooking needs. With a 2-car attached garage, you'll have ample space for parking and storage. Located on a spacious corner lot, this home offers plenty of outdoor space for gardening, playing, or simply enjoying the fresh air. Plus, the new roof installed in 2017 adds an extra layer of security and value to this fantastic home. Don't miss out on this wonderful opportunity. This home is being sold As Is and is ready for your personal touch. Make Panama Park your new address today!

Supplements: The information provided in this listing is the best of the seller's/ Listing agent knowledge and cannot be exclusively relied on by buyer. Buyer must independently verify all information pertaining to the property. "Seller never occupied. Neither the seller or listing agent make any representations as to the accuracy of any information contained ... (Read more)

Listing Details MLS# 2029830

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1194
Living Area Source: Public Records
Year Built: 1949
Lot Size Acres: 0.24
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: In Jacksonville going North on I-95, exit Edgewood Ave. and continue to Main St. Turn left and then right on Lawton Ave. to sign on left
Public Remarks: Welcome to your new home in the beautiful Panama Park subdivision! This charming 3-bedroom, 1-bathroom house is perfect for anyone looking for comfort and convenience. Step inside to a large living room, perfect for relaxing or entertaining guests. The spacious dining area is ideal for meals and gatherings. The concrete block construction ensures durability and peace of mind. You'll love the updated kitchen, featuring modern appliances and plenty of counter space for all your cooking needs. With a 2-car attached garage, you'll have ample space for parking and storage. Located on a spacious corner lot, this home offers plenty of outdoor space for gardening, playing, or simply enjoying the fresh air. Plus, the new roof installed in 2017 adds an extra layer of security and value to this fantastic home. Don't miss out on this wonderful opportunity. This home is being sold As Is and is ready for your personal touch. Make Panama Park your new address today!
List Price/SqFt: 117.17
Sold Price/SqFt: 121.43

Property Features

Appliances: Refrigerator Utilities: Other Cooling: Electric Heating: Central Water Source: Public Pool Features: None Parking Features: Attached; Garage Current Use: Ranch; Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-06-05

Location Tax and Legal

Street Number: 129
Street Name: LAWTON
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Panama Park

Status Change Information

Major Change Timestamp: 2024-12-17T14:11:30Z
Major Change Type: Status Change
Purchase Contract Date: 2024-10-11
Close Date: 2024-12-13
Close Price: 144990

DPR Eligible

DPR Eligible: No

More Information

Listing Office: INTEGRITY KEY REALTY LLC

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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