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.

1775 E 23RD Street, Jacksonville, FL 32206 (MLS# 2155797)

1775 E 23RD Street, Jacksonville, FL 32206

$75,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 858 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $75,000 List Date: 10/30/2026 Last Modified: 10/30/2026

Overview

Description

Investor special with endless potential! This home is ready for a new owner to bring their vision and creativity. Property needs repairs and updates and is being sold as-is. Great opportunity for investors, renovators, or buyers looking to customize a home to their liking. With some TLC, this property could truly shine. Don't miss the chance to unlock the value and possibilities this home has to offer!

Listing Details MLS# 2155797

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 858
Living Area Source: Public Records
Year Built: 1960
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
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: US1 South to I-95 take Exit Phoenix Ave to Jaxport Talleyrand Terminal, Keep right0.2 miles, turn left on Danes St., turn left on 23rd St. East, property is on the right
Public Remarks: Investor special with endless potential! This home is ready for a new owner to bring their vision and creativity. Property needs repairs and updates and is being sold as-is. Great opportunity for investors, renovators, or buyers looking to customize a home to their liking. With some TLC, this property could truly shine. Don't miss the chance to unlock the value and possibilities this home has to offer!
List Price/SqFt: 87.41

Property Features

Levels: One Property Condition: Fixer Rental Restrictions: Other Appliances: None Flooring: Wood Utilities: Electricity Connected; Sewer Available; Water Available Cooling: Wall/Window Unit(s) Heating: Natural Gas Water Source: Public Roof: Shingle Parking Features: On Street Current Use: Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-17

Location Tax and Legal

Street Number: 1775
Street Direction Prefix: E
Street Name: 23RD
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Talleyrand Townsite

Status Change Information

Major Change Timestamp: 2026-10-30T16:30:02Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-10-14T09:31:10Z

DPR Eligible

DPR Eligible: No

More Information

Listing Office: THRESHOLD REALTY AND MORTGAGE GROUP

Last Updated: October - 30 - 2026

Broker Attribution: 904-252-0025

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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