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.

1702 W 25TH, Jacksonville, FL 32209 (MLS# 2171710)

1702 W 25TH, Jacksonville, FL 32209

New Listing

$230,000

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,150 Lot Size (sq. ft.): 4,792 Status: Pending

Current Price: $230,000 List Date: 10/31/2026 Last Modified: 10/31/2026

Overview

Description

Move in Ready home, updated, roof 2024

Listing Details MLS# 2171710

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2150
Living Area Source: Public Records
Year Built: 1950
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.11
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
Direction Faces: North
Directions: Take I-95 north to US-1 North MLKjr Pkwy, Right on Fairfax Street, Right on W 25th Street, House is on the right.
Public Remarks: Move in Ready home, updated, roof 2024
List Price/SqFt: 106.98

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Electric Oven; Refrigerator Laundry Features: Washer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Parking Features: Off Street Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-30

Location Tax and Legal

Street Number: 1702
Street Direction Prefix: W
Street Name: 25TH
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: 2026-10-31T02:28:35Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-30

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: October - 31 - 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.