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.

1654 TALBOT Avenue, Jacksonville, FL 32205 (MLS# 2079348)

1654 TALBOT Avenue, Jacksonville, FL 32205

$408,000

10-web-or-mls-1654 1656 Talbot Ave (10 o

11-web-or-mls-1654 1656 Talbot Ave (11 o

12-web-or-mls-1654 1656 Talbot Ave (12 o

13-web-or-mls-1654 1656 Talbot Ave (18 o

14-web-or-mls-1654 1656 Talbot Ave (19 o

15-web-or-mls-1654 1656 Talbot Ave (14 o

16-web-or-mls-1654 1656 Talbot Ave (15 o

17-web-or-mls-1654 1656 Talbot Ave (16 o

18-web-or-mls-1654 1656 Talbot Ave (17 o

19-web-or-mls-1654 1656 Talbot Ave (13 o

Virtual Staging Cloud - 1656-4.jpg-Augus

Virtual Staging Cloud - 1656-8.jpg-Augus

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 2,288 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $408,000 List Date: 4/02/2025 Last Modified: 10/27/2026

Overview

Description

Located in the heart of Avondale, this well-maintained duplex offers an incredible opportunity for investors or owner-occupants. Situated on a desirable corner lot, this property features two spacious 2-bedroom, 1-bathroom units, each w/ an open living & dining area, kitchen, & original hardwood floors in excellent condition. Recent updates include a new architectural shingle roof (2021), updated PVC/CPVC drains (2021), electrical panels (2021) w/ copper wiring. Both HVAC systems are newer (2016 & 2017), ensuring efficient climate control. Additional upgrades in 2023 include fresh paint, new countertops, modern appliances, updated bathroom & lighting fixtures. A detached two-car garage with an alley entrance provides extra storage & includes a shared laundry room. This property is move-in ready & located in one of Jacksonville's most sought-after historic neighborhoods. Schedule a tour today

Listing Details MLS# 2079348

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1680
Living Area Source: Public Records
Building Area Total: 2288
Accessibility Features YN: No
New Construction YN: No
Year Built: 1955
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Parking Total: 2
Lot Size Acres: 0.14
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: Yes
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From Edgewood Ave and Herschel Street, south on Herschel to corner of Herschel and Talbot.
Public Remarks: Located in the heart of Avondale, this well-maintained duplex offers an incredible opportunity for investors or owner-occupants. Situated on a desirable corner lot, this property features two spacious 2-bedroom, 1-bathroom units, each w/ an open living & dining area, kitchen, & original hardwood floors in excellent condition. Recent updates include a new architectural shingle roof (2021), updated PVC/CPVC drains (2021), electrical panels (2021) w/ copper wiring. Both HVAC systems are newer (2016 & 2017), ensuring efficient climate control. Additional upgrades in 2023 include fresh paint, new countertops, modern appliances, updated bathroom & lighting fixtures. A detached two-car garage with an alley entrance provides extra storage & includes a shared laundry room. This property is move-in ready & located in one of Jacksonville's most sought-after historic neighborhoods. Schedule a tour today
List Price/SqFt: 252.98
Sold Price/SqFt: 242.86

Property Features

Appliances: Electric Range; Refrigerator Cooling: Central Air Current Use: Investment; Residential Electric: 150 Amp Service Financial Data Source: Property Manager Flooring: Wood Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Corner Lot Owner Pays: HVAC Maintenance; Pest Control; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: Garage Possession: Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Tenant Pays: Cable TV; Electricity Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public Contingency Reason: Financing

Contract Information

Listing Contract Date: 2025-04-02
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 1654
Street Name: TALBOT
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: Avondale
MLS Area Major: 032-Avondale

Status Change Information

Major Change Timestamp: 2025-10-27T10:14:46Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-02T10:58:48Z
Purchase Contract Date: 2025-09-25
Close Date: 2025-10-24
Close Price: 408000

Currently Not Used

Property Attached YN: No
yn11: No

More Information

Unit 1 Details

Unit ID: 1656
Actual Rent: 1500
Unit SqFt: 840
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: tenant occupied

Unit 2 Details

Unit ID: 1654
Actual Rent: 1325
Unit SqFt: 840
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: tenant occupied

Documents

4 Point Inspection ›

Repairs and Replacements ›

Listing Office: TRADITIONS 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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