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.

1517 E 24TH Street, Jacksonville, FL 32206 (MLS# 2168703)

1517 E 24TH Street, Jacksonville, FL 32206

$65,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 702 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $65,000 List Date: 10/09/2026 Last Modified: 10/27/2026

Overview

Description

Calling All Investors! Here's an opportunity to add to your portfolio and bring your vision to an existing property. The home offers a rental history and presents an opportunity for a buyer looking to make improvements and maximize the property's potential. The property is being offered in its current as- is conditions and may require updates or repairs. HVAC will require repairing (copper line needs replaced) seller to make no repairs. Book your tour and bring your vision and take a closer look at what this property has to offer!

Listing Details MLS# 2168703

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 702
Living Area Source: Public Records
Year Built: 1948
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: MLK Pkwy to Phoenix N, R on 21st, L on 24th.
Public Remarks: Calling All Investors! Here's an opportunity to add to your portfolio and bring your vision to an existing property. The home offers a rental history and presents an opportunity for a buyer looking to make improvements and maximize the property's potential. The property is being offered in its current as- is conditions and may require updates or repairs. HVAC will require repairing (copper line needs replaced) seller to make no repairs. Book your tour and bring your vision and take a closer look at what this property has to offer!
List Price/SqFt: 92.59

Property Features

Architectural Style: Other Levels: One Appliances: Electric Range Flooring: Carpet; Tile Laundry Features: Washer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block; Concrete Patio And Porch Features: Front Porch; Porch Roof: Shingle Parking Features: Other Fencing: Chain Link; Full Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Possession: Close Of Escrow Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-09

Location Tax and Legal

Street Number: 1517
Street Direction Prefix: E
Street Name: 24TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Parkers

Status Change Information

Major Change Timestamp: 2026-10-27T00:29:47Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-15T16:14:51Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Offer Instructions ›

Leadbase Paint Disclosure ›

Seller Standard Addendum ›

Seller Disclosure ›

Flood Disclosure ›

Listing Office: JWB REALTY LLC

Last Updated: October - 27 - 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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