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.

1655 W 2ND Street, Jacksonville, FL 32209 (MLS# 2170420)

1655 W 2ND Street, Jacksonville, FL 32209

$75,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,254 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $75,000 List Date: 10/22/2026 Last Modified: 10/29/2026

Overview

Description

Built in 1952, this 2-bedroom, 1-bath property offers 1,226 sq ft of opportunity for investors looking to add value and build equity. With a roof replaced in 2022, HVAC from 2025, and city water and sewer, some key features are already in place. The property needs TLC, making it an ideal candidate for renovation, a rental portfolio addition, or a future value-add project. Currently tenant-occupied since 2024, this property offers an opportunity for investors interested in an established rental property. Bring your vision, explore the possibilities, and turn this classic property into your next real estate win! Whether you're looking to renovate, improve, or expand your investment portfolio, this could be the opportunity you've been waiting for. Don't miss your chance to unlock its potential! Interested investors, send your best offer today!

Supplements: *Some photos are rendered to visualize potential.

Listing Details MLS# 2170420

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1226
Living Area Source: Public Records
Building Area Total: 1254
Year Built: 1952
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.11
Lot Size Dimensions: 50 x 95 ft
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
Entry Level: Yes
Senior Community YN: No
Directions: Head northwest on US-17 S/US-23 N, Continue straight onto US-23 N/Kings Rd, Turn left onto Tyler St, Turn right onto W 2nd St, House will be on the right.
Public Remarks: Built in 1952, this 2-bedroom, 1-bath property offers 1,226 sq ft of opportunity for investors looking to add value and build equity. With a roof replaced in 2022, HVAC from 2025, and city water and sewer, some key features are already in place. The property needs TLC, making it an ideal candidate for renovation, a rental portfolio addition, or a future value-add project. Currently tenant-occupied since 2024, this property offers an opportunity for investors interested in an established rental property. Bring your vision, explore the possibilities, and turn this classic property into your next real estate win! Whether you're looking to renovate, improve, or expand your investment portfolio, this could be the opportunity you've been waiting for. Don't miss your chance to unlock its potential! Interested investors, send your best offer today!
List Price/SqFt: 61.17

Property Features

Architectural Style: Traditional Levels: One Property Condition: Fixer Appliances: Electric Range; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Tub with Shower Flooring: Carpet; Tile; Vinyl; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Wood Siding Other Structures: Shed(s) Roof: Shingle Parking Features: Off Street; On Street Fencing: Chain Link Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Subject To Tenant Rights Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-22

Location Tax and Legal

Street Number: 1655
Street Direction Prefix: W
Street Name: 2ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 074-Paxon
Subdivision Name: Barbers Sub

Status Change Information

Major Change Timestamp: 2026-10-22T16:18:39Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: FREEDOM REALTY GROUP LLC

Last Updated: October - 29 - 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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