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.

1599 W 22ND Street, Jacksonville, FL 32209 (MLS# 2172182)

1599 W 22ND Street, Jacksonville, FL 32209

New Listing

$125,000

Sunny Corner House with Chain-Link Fence

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,106 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $125,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Investor Opportunity - Tenant-Occupied Property! Great opportunity to add to your investment portfolio! This 3-bedroom, 2-bath home is currently tenant-occupied, generating $1,100 per month in rental income. Whether you're an experienced investor looking to expand your portfolio or purchasing your first investment property, this home offers an opportunity to acquire an income-producing asset. Property is being sold AS-IS, with the seller making no repairs. Tenant is currently in place. Buyer to verify all property information, rental terms, and measurements. Don't miss this opportunity to invest in Jacksonville's rental market!

Listing Details MLS# 2172182

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1106
Living Area Source: Public Records
Year Built: 1940
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.09
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: From I-95 N, take Exit 354B toward US-1 N/Martin Luther King Jr. Parkway. Continue onto MLK Jr. Parkway, turn right onto Wilson Street, then turn left onto W. 22nd Street. Property will be on the left.
Public Remarks: Investor Opportunity - Tenant-Occupied Property! Great opportunity to add to your investment portfolio! This 3-bedroom, 2-bath home is currently tenant-occupied, generating $1,100 per month in rental income. Whether you're an experienced investor looking to expand your portfolio or purchasing your first investment property, this home offers an opportunity to acquire an income-producing asset. Property is being sold AS-IS, with the seller making no repairs. Tenant is currently in place. Buyer to verify all property information, rental terms, and measurements. Don't miss this opportunity to invest in Jacksonville's rental market!
List Price/SqFt: 113.02

Property Features

Architectural Style: Ranch Levels: One Appliances: Electric Range; Refrigerator Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Vinyl Siding Roof: Shingle Parking Features: Off Street Fencing: Back Yard Current Use: Single Family Community Features: Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Subject To Tenant Rights Listing Terms: Cash; Conventional Showing Requirements: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-31

Location Tax and Legal

Street Number: 1599
Street Direction Prefix: W
Street Name: 22ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Moncrief Park

Status Change Information

Major Change Timestamp: 2026-11-04T00:58:12Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

Last Updated: November - 04 - 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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