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.

134 W 32ND Street, Jacksonville, FL 32206 (MLS# 2166854)

134 W 32ND Street, Jacksonville, FL 32206

$115,000

Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 1,700 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $115,000 List Date: 10/02/2026 Last Modified: 10/25/2026

Overview

Description

Multiple offers! Highest and best by Tuesday at 5 pm. Vacant Brick Triplex in North Springfield! Excellent value-add opportunity for an investor looking to renovate and reposition a multifamily property. This approximately 1,700 heated sq. ft. triplex features one 2-bedroom/1-bath upstairs unit and two 1-bedroom/1-bath downstairs units. All three units will be delivered vacant with no existing leases, allowing the new owner to renovate and establish new rents from day one. All 3 units are seperately metered for public utilities. 3200+ monthly rent opportunity! This property is a cash cow! Property features a face-brick exterior, hardwood flooring (per property appraiser), and city utilities. Property is being sold AS-IS and needs renovation, offering significant potential for an investor looking to improve and stabilize a multifamily asset. Convenient North Springfield location near Downtown Jacksonville and major roadways. Bring your contractor and your vision!

Listing Details MLS# 2166854

General Property Information

Number Of Units Total: 3
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 1700
Living Area Source: Assessor
Accessibility Features YN: No
New Construction YN: No
Year Built: 1938
Garage YN: No
Carport YN: No
Lot Size Acres: 0.13
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Directions: From I-95, take the Golfair Blvd exit and head east on Golfair Blvd. Turn right onto N Main St, then right onto W 32nd St. Property will be on the left.
Public Remarks: Multiple offers! Highest and best by Tuesday at 5 pm. Vacant Brick Triplex in North Springfield! Excellent value-add opportunity for an investor looking to renovate and reposition a multifamily property. This approximately 1,700 heated sq. ft. triplex features one 2-bedroom/1-bath upstairs unit and two 1-bedroom/1-bath downstairs units. All three units will be delivered vacant with no existing leases, allowing the new owner to renovate and establish new rents from day one. All 3 units are seperately metered for public utilities. 3200+ monthly rent opportunity! This property is a cash cow! Property features a face-brick exterior, hardwood flooring (per property appraiser), and city utilities. Property is being sold AS-IS and needs renovation, offering significant potential for an investor looking to improve and stabilize a multifamily asset. Convenient North Springfield location near Downtown Jacksonville and major roadways. Bring your contractor and your vision!
List Price/SqFt: 64.71
Sold Price/SqFt: 67.65

Property Features

Construction Materials: Brick Cooling: Central Air Current Use: Single Family Flooring: Carpet; Tile Heating: Central Levels: Two Listing Terms: Cash; Other Lot Features: Other Parking Features: Attached; Shared Driveway Possession: Close Of Escrow Roof: Shingle Utilities: Electricity Available; Sewer Available; Water Available Water Source: Public

Contract Information

Listing Contract Date: 2026-09-28
Property Sub Type: Triplex

Location Tax and Legal

Street Number: 134
Street Direction Prefix: W
Street Name: 32ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: North Springfield
MLS Area Major: 071-Brentwood/Evergreen

Status Change Information

Major Change Timestamp: 2026-10-25T00:00:09Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-20
Close Date: 2026-10-22
Close Price: 115000

Currently Not Used

Property Attached YN: No
yn11: No

More Information

Unit 1 Details

Unit ID: 136
Unit SqFt: 850
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: unit is vacant. Market rent is 1200

Unit 2 Details

Unit ID: 134
Unit SqFt: 425
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1000

Unit 3 Details

Unit ID: 138
Unit SqFt: 450
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Vacant. 1000 projected rent.

Documents

Hold harmless ›

Listing Office: 1 REALTY CORP

Last Updated: October - 25 - 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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