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.

1524 PASCO Street, Jacksonville, FL 32202 (MLS# 2167555)

1524 PASCO Street, Jacksonville, FL 32202

$1,050

Virtual Tour

https://my.matterport.com/show/?m=vmqZ4Fyp34o

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 901 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $1,050 List Date: 10/02/2026 Last Modified: 11/02/2026

Overview

Description

Welcome home to this beautifully renovated 2-bedroom single-family home conveniently located in Jacksonville's Eastside Downtown area! Featuring fresh interior paint, new carpet, and a spacious kitchen with stainless steel appliances, this home offers a clean, comfortable, and move-in-ready living space. The home also features an enclosed patio/bonus room, providing additional flexible space that can be used as a home office, playroom, sitting area, or extra living space. Washer and dryer hookups are available for added convenience. Located close to Downtown Jacksonville, local dining, shopping, parks, and major roadways, this home offers both comfort and convenience. Pets are welcome!

Supplements: Residents Benefit Package is required for all tenants at $50 per month. The package includes: move in concierge services, online portal access, document storage, multiple payment options, credit reporting and liability and personal property insurance. $125 Lease Preparation Fee will also apply. Approved pets okay with monthly pet fee and $125 initi ... (Read more)

Listing Details MLS# 2167555

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 901
Living Area Source: Appraiser
Year Built: 1914
Lot Size Acres: 0.07
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From FL-115N go toward US-1 Alt N - take the Haines St exit on the right - turn right onto Pasco St
Public Remarks: Welcome home to this beautifully renovated 2-bedroom single-family home conveniently located in Jacksonville's Eastside Downtown area! Featuring fresh interior paint, new carpet, and a spacious kitchen with stainless steel appliances, this home offers a clean, comfortable, and move-in-ready living space. The home also features an enclosed patio/bonus room, providing additional flexible space that can be used as a home office, playroom, sitting area, or extra living space. Washer and dryer hookups are available for added convenience. Located close to Downtown Jacksonville, local dining, shopping, parks, and major roadways, this home offers both comfort and convenience. Pets are welcome!
List Price/SqFt: 1.17

Property Features

Appliances: Electric Range; Refrigerator Water Source: Public Parking Features: Off Street Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-02
Lease Term: 12 Months
Availability Date: 2026-10-02

Location Tax and Legal

Street Number: 1524
Street Name: PASCO
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32202
MLS Area Major: 076-Downtown Jacksonville-Eastside
Subdivision Name: Parkers

Status Change Information

Major Change Timestamp: 2026-11-02T21:18:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-02T21:18:50Z

Deposits and Fees

Additional Fee: 5070
Application Fee: 80
Security Deposit: 1050

More Information

Room Information

Room Name	Length	Width
Bedroom 2	12.78	12.35
Bedroom 3	7.28	11.66
Kitchen	10.67	8.78
Living Room	14.69	6.44
Primary Bathroom	5.42	8.78
Primary Bedroom	15.96	11.87

Listing Office: SPECTRUM REALTY SERVICES

Last Updated: November - 02 - 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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