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.

1415 LILA Street 2-0, Jacksonville, FL 32208 (MLS# 2168665)

1415 LILA Street 2-0, Jacksonville, FL 32208

$725

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 740 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $725 List Date: 10/09/2026 Last Modified: 10/28/2026

Overview

Description

1415 Lila Street #2 - Beautifully remodeled upstairs 2-bedroom, 1-bathroom apartment featuring stainless steel appliances, granite kitchen countertops, vinyl flooring, and fresh interior paint. Yard service is included in the rent. Rent is $795/month with a $795 security deposit. Tenant pays all utilities. 12-month lease; no short-term leases. Applicants must pass background, credit, and rental history screening. Net income must be at least 3 times the monthly rent. Minimum 2 years of verifiable rental and employment history required. No prior evictions or rental collections. $60 application fee per adult and $100 lease preparation fee. Pets subject to approval; current vaccinations and flea prevention required. Applications accepted through the property management website only.

Listing Details MLS# 2168665

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 740
Living Area Source: Public Records
Year Built: 1939
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.19
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From I-95, take the exit for Lem Turner Road and head north. Turn onto Lila Street and continue to 1415 Lila Street. The property will be along Lila Street.
Public Remarks: 1415 Lila Street #2 - Beautifully remodeled upstairs 2-bedroom, 1-bathroom apartment featuring stainless steel appliances, granite kitchen countertops, vinyl flooring, and fresh interior paint. Yard service is included in the rent. Rent is $795/month with a $795 security deposit. Tenant pays all utilities. 12-month lease; no short-term leases. Applicants must pass background, credit, and rental history screening. Net income must be at least 3 times the monthly rent. Minimum 2 years of verifiable rental and employment history required. No prior evictions or rental collections. $60 application fee per adult and $100 lease preparation fee. Pets subject to approval; current vaccinations and flea prevention required. Applications accepted through the property management website only.
List Price/SqFt: 0.98
Sold Price/SqFt: 0.98

Property Features

Appliances: Electric Oven; Electric Range; Refrigerator Water Source: Public Parking Features: Off Street Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Wall/Window Unit(s) Heating: Central Tenant Pays: All Utilities

Contract Information

Rental Application URL: https://winrockpm.managebuilding.com/Resident/rental-application/new
Property Sub Type: Apartment
Property Attached YN: No
Listing Contract Date: 2026-10-09
Lease Term: 12 Months
Availability Date: 2026-10-09

Location Tax and Legal

Street Number: 1415
Street Name: LILA
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Forest Ridge

Status Change Information

Major Change Timestamp: 2026-10-28T16:50:43Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-26T19:54:26Z
Purchase Contract Date: 2026-10-28
Close Date: 2026-10-28
Close Price: 725

Accessory Dwelling Information

Bathrooms: Yes

More Information

Deposits and Fees

Additional Fee: 100
Application Fee: 60
Security Deposit: 795

Listing Office: WINROCK PROPERTY MANAGEMENT, LLC.

Last Updated: October - 28 - 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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