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.

1544 BELMONTE Avenue, Jacksonville, FL 32207 (MLS# 818868)

1544 BELMONTE Avenue, Jacksonville, FL 32207

$152,500

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,508 Status: Closed

Current Price: $152,500 List Date: 4/04/2016 Last Modified: 10/23/2026

Overview

Description

Investors & Handymen, come view this San Marco bungalow opportunity near V Pizza, Bistro Aix and more! Will not last long. 203k, Cash & Private financing welcomed.

Listing Details MLS# 818868

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1508
Living Area Source: Public Records
Year Built: 1914
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: see map.
Public Remarks: Investors & Handymen, come view this San Marco bungalow opportunity near V Pizza, Bistro Aix and more! Will not last long. 203k, Cash & Private financing welcomed.
List Price/SqFt: 106.03
Sold Price/SqFt: 101.13

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Cooling: Other Heating: Other Water Source: Public Pool Features: None Current Use: Residential Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-03-17

Location Tax and Legal

Street Number: 1544
Street Name: BELMONTE
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: Oklahoma

Status Change Information

Major Change Timestamp: 2016-04-08T13:45:38Z
Major Change Type: Status Change
Purchase Contract Date: 2016-03-30
Close Date: 2016-04-05
Close Price: 152500

More Information

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

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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