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.

1407 DANCY, Jacksonville, FL (MLS# 679547)

1407 DANCY, Jacksonville, FL

$164,000

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,791 Status: Closed

Current Price: $164,000 List Date: 8/15/2013 Last Modified: 10/23/2026

Overview

Description

Perfect opportunity for an investor or owner occupant in the heart of Avondale. Very well maintained and updated units are turn key including brand new HVAC, newer electric and panels, updated plumbing throughout, modern kitchens with nice appliances, solid oak flooring in living areas, clean updated bathrooms, all utilities separately metered, off street parking, nice backyard, storage shed included. Newer stackable washer/dryer in each unit!! You do not want to miss this opportunity, easy walk to restaurant Orsay and a few blocks to all the parks and The Shoppes of Avondale.

Listing Details MLS# 679547

General Property Information

Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1791
Living Area Source: Public Records
Year Built: 1951
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Stories: 2
Directions: From corner of Park St and Dancy, head west one block, property on right.
Public Remarks: Perfect opportunity for an investor or owner occupant in the heart of Avondale. Very well maintained and updated units are turn key including brand new HVAC, newer electric and panels, updated plumbing throughout, modern kitchens with nice appliances, solid oak flooring in living areas, clean updated bathrooms, all utilities separately metered, off street parking, nice backyard, storage shed included. Newer stackable washer/dryer in each unit!! You do not want to miss this opportunity, easy walk to restaurant Orsay and a few blocks to all the parks and The Shoppes of Avondale.
List Price/SqFt: 93.8
Sold Price/SqFt: 91.57

Property Features

Appliances: Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Construction Materials: Frame; Other Cooling: Central Air Heating: Central; Heat Pump Listing Terms: Cash; Conventional Parking Features: Additional Parking Pool Features: None Possession: Other Road Surface Type: Asphalt Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Natural Gas Available Water Source: Public

Contract Information

Listing Contract Date: 2013-08-15
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 1407
Street Name: DANCY
County: Duval
State: FL
Subdivision Name: North Riverside
MLS Area Major: 032-Avondale

Status Change Information

Major Change Timestamp: 2013-09-30T14:33:14Z
Major Change Type: Status Change
Purchase Contract Date: 2013-08-31
Close Date: 2013-09-24
Close Price: 164000

Historical Information

Public Historical Remarks 1: Number of Buildings: 1 Building, Present Rental Terms: Month to Month, Two Bedroom Rentals: $701 to $800/Month
Public Historical Remarks 2: Present Tenant Exp: All Electric,Sewer,Water

More Information

Documents

Lead Based Paint Disclosure ›

Sellers Disclosure ›

Listing Office: INI REALTY

Last Updated: October - 23 - 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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