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.

153 W 11TH Street, Jacksonville, FL 32206 (MLS# 1024290)

153 W 11TH Street, Jacksonville, FL 32206

$210,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,288 Status: Closed

Current Price: $210,000 List Date: 11/07/2019 Last Modified: 10/23/2026

Overview

Description

Delightful bungalow in Springfield, Jacksonville's hot Historic District. 2 bedrooms, 1.5 baths. Original hardwoods floors with inlay,coffered ceilings, large modern kitchen, bonus room with fantastic original windows could be home office or third bedroom. WB fireplace with built in book case. Completely restored in 2013, this home balances modern systems with gracious Historical architectural details. Huge porch, great corner elevation. One car garage/workshop tops it off. Won't last long because it's priced right! Short walk to UF Health. True turn key property. Come and get it!

Listing Details MLS# 1024290

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1288
Living Area Source: Public Records
Year Built: 1922
Lot Size Dimensions: 52 x 100
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: At the corner of 11th Street and Silver Street.
Public Remarks: Delightful bungalow in Springfield, Jacksonville's hot Historic District. 2 bedrooms, 1.5 baths. Original hardwoods floors with inlay,coffered ceilings, large modern kitchen, bonus room with fantastic original windows could be home office or third bedroom. WB fireplace with built in book case. Completely restored in 2013, this home balances modern systems with gracious Historical architectural details. Huge porch, great corner elevation. One car garage/workshop tops it off. Won't last long because it's priced right! Short walk to UF Health. True turn key property. Come and get it!
List Price/SqFt: 168.87
Sold Price/SqFt: 163.04

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Fireplace Features: Wood Burning Interior Features: Built-in Features Flooring: Wood Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement; Frame; Wood Siding Patio And Porch Features: Front Porch; Porch; Wrap Around Pool Features: None Roof: Shingle Parking Features: Detached; Garage Lot Features: Historic Area Fencing: Back Yard Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-11-06

Location Tax and Legal

Street Number: 153
Street Direction Prefix: W
Street Name: 11TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 072-Springfield
Subdivision Name: Springfield

Status Change Information

Major Change Timestamp: 2019-12-30T23:27:21Z
Major Change Type: Status Change
Purchase Contract Date: 2019-12-16
Close Date: 2019-12-30
Close Price: 210000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Det Heat SQFT: 0.00
Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y, City Lot Location: Y

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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