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 NICHOLSON Road, Jacksonville, FL 32207 (MLS# 2172248)

1407 NICHOLSON Road, Jacksonville, FL 32207

New Listing

$625,000

Cutest Home on the Block, Especially During Golden Hour

Virtual Tour

https://www.zillow.com/view-imx/d53811b1-cda2-48c2-b2b1-af68d8dd6250?wl=true&setAttribution=mls&initialViewType=pano

The Gorgeous Live Oak was planted in the late 90's, & Look at her Now.

And Light Still Makes its Way Though these Mighty Branches.

Original Metal Awnings are Still in Great Shape

Straight on Front Elevation, 6 year old Roof

Beautiful Brindle Brick, Solid Exterior, Built Like a Fortress

Stately Wrought Iron Gate Toward Back Yard

Take note of the Broken Mosaic Tile Flooring

Tongue & Groove Front Entry Foyer w/ Coat Closet Historic Charm has been Preserved!

Hardwood Flooring was Recently Sanded & is in incredible Condition.

All Things Charming, Archway & Built-In Bookcase

Formal LR & peek of DR, Virtually Staged

Large LR, Plantation Shutters, Great for Entertaining

They have only used this Wood-Burning Fireplace 3 Times, & Think It's Fine, But As ISi

View from Dining Room, peep of Foyer & Primary BR

Open Dining Room Floor Plan with French Doors to Back Yard Deck

Charming Vintage Primary Features Original Tongue & Groove Paneling, Multiple Windows

Bright & Character Filled with Tile Flooring

New Ceiling Fan & Light Kit & Plantation Shutters

Primary Dressing Room Offers Double Closets

Large Bath w/ White Tile & Green Accents, Beadboard Paneling

Ceiling Fan & Door to Laundry Room w/ Cat Door

Inside Laundry, Washer & Dryer work fine & convey, But AS IS

Split BR Floor Plan(2nd & 3rd BR on North End of Home)

BR # 2, new ceiling Fan & Light Kit, Lots of Light & Plantation Shutters

BR #3, More Refinished Oak Flooring & Plantation Shutters

Guest Bath~Original White Tile Wainscoting w/Green Accents, Toile Wallpaper

Guest Bathroom Has Tub-Shower Combination, Linen Closet(Not Shown)

Warm Wooden Antique Vanity & Medicine Cabinet Gives a Cozy, Vintage Feel

Let's Go Upstairs to This Incredible Space

Converted Attic w/High Ceilings, New LVP Throughout Entire Upstairs

This Half Could Be the Most Spectacular Primary Bath & Walk-In Closet.

Staged as a Billiards Room, But the Sky is The Limit!

Original Exposed brick Chimney Breast Lends Charm to This Renovated Finished Upstairs Flex Space

View 2-Could Also Be a Wonderful, Private Home Office/Gym/Play Room

This Side of the Upstairs Could Be a HUGE Primary, current owner used it as a TV Room/Family Room

This is how the past 2 Owners have Used This Space~Virtually Staged

But wow, What An Amazing Opportunity to Have the Most Fabulous Primary Set-Up

View from Back Corner, Lots of Green Grass for Kids Or Dogs

Laundry Was Enclosed at Some Point and is Now Air Conditioned Space

Mostly Brick, Above grade & in Excellent Condition

St Nicholas is Riverfront Enclave, Tucked Away But Just East of San Marco & borders the St Johns River

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,258 Lot Size (sq. ft.): 8,712 Status: Coming Soon

Current Price: $625,000 List Date: 11/02/2026 Last Modified: 11/04/2026

Overview

Description

Coming Soon listing, no showings. Welcome home to timeless elegance & classic architectural craftsmanship in very desirable, community-minded St Nicholas. Built in 1940, this stunning Tudor-style residence perfectly blends historic charm w/ today's comforts. Nestled on a quiet, tree-lined street known for block parties, close proximity to top-rated private schools, & just mins. from boutique shopping, parks & the many restaurants In San Marco. Centrally located, 2 mins from I-95, & just 20 mins to the beaches. Updates include a roof(2020), downstairs HVAC(2020)*New blower in upstairs HVAC(2026)*re-plumbed(2012)*HWH(2026)*Plantation Shutters*Electrical Panel update to be completed 11-26*Original windows, but they all open! You'll love the 650+ sq ft fam rm/flex space upstairs w/all new LVP flooring, could easily become a huge Primary w/Office*Recently sanded original oak flooring*New fans/light kits*Termite bond w/Nader's*WB FP*Metered Full irrigation*Stately wrought iron gate*large de ... (Read more)

Supplements: Be part of a welcoming community and SNAP-St. Nicholas Area Preservation without an HOA! Easter Egg Hunt, Wine Walk, Sunset River Cruise, July 4th, Halloween & Luminaries w/holiday cheer are just some of the activities you will enjoy. I have personally lived in this home, so I know first hand how well-constructed it is. It's such a wonderful neighb ... (Read more)

Open Houses

Sunday, November 8, 1:00 pm - 3:00 pm

Listing Details MLS# 2172248

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2258
Living Area Source: Owner
Year Built: 1940
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
Lot Size Dimensions: 70X120
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
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: West
Directions: Go north on Hendricks, take right onto Atlantic Blvd & head west pass Bishop Kenny HS, take left at light onto San Mateo Avenue, wrap around until you can take a left onto Nicholson, look for Tudor home on left.
Public Remarks: Welcome home to timeless elegance & classic architectural craftsmanship in very desirable, community-minded St Nicholas. Built in 1940, this stunning Tudor-style residence perfectly blends historic charm w/ today's comforts. Nestled on a quiet, tree-lined street known for block parties, close proximity to top-rated private schools, & just mins. from boutique shopping, parks & the many restaurants In San Marco. Centrally located, 2 mins from I-95, & just 20 mins to the beaches. Updates include a roof(2020), downstairs HVAC(2020)*New blower in upstairs HVAC(2026)*re-plumbed(2012)*HWH(2026)*Plantation Shutters*Electrical Panel update to be completed 11-26*Original windows, but they all open! You'll love the 650+ sq ft fam rm/flex space upstairs w/all new LVP flooring, could easily become a huge Primary w/Office*Recently sanded original oak flooring*New fans/light kits*Termite bond w/Nader's*WB FP*Metered Full irrigation*Stately wrought iron gate*large deck & 2-Car Det Garage.
List Price/SqFt: 276.79

Property Features

Architectural Style: Historic; Traditional; Other Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Built-in Features; Ceiling Fan(s); Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Flooring: Plank in Flooring; Tile; Vinyl; Wood Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick; Frame Patio And Porch Features: Awning(s); Deck; Front Porch Roof: Shingle Parking Features: Detached; Garage Door Opener; Gated; Off Street Lot Features: Few Trees; Historic Area; Sprinklers In Front; Sprinklers In Rear Fencing: Chain Link; Wood; Other Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan