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.

1828 CHERRY Street, Jacksonville, FL 32205 (MLS# 2167490)

1828 CHERRY Street, Jacksonville, FL 32205

$2,500

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 2,128 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $2,500 List Date: 10/02/2026 Last Modified: 11/02/2026

Overview

Description

Historic craftsman bungalow with 2 bedrooms PLUS bonus office space! Your home is tucked away on Cherry street a stone's throw from the river. Walk in and relax on the private screened front porch before entering your home. Inside, you'll find updated kitchen and baths, a large dining room perfect for entertaining and two separate living areas. Upstairs is your oasis with a large owner's bedroom that includes an additional office and upstairs laundry off the main. In the backyard, enjoy your private deck and a workshop perfect for all types of projects! When you're ready to explore the neighborhood, you'll have your choice of amazing local dining and retails options in Avondale, Riverside, and Murray Hill,

Listing Details MLS# 2167490

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2128
Living Area Source: Public Records
Year Built: 1919
Lot Size Acres: 0.13
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From downtown, turn left on W. Bay, left on N. Jefferson, turn left on King St, left on St Johns Ave, left on Cherry St. Property is on the right
Public Remarks: Historic craftsman bungalow with 2 bedrooms PLUS bonus office space! Your home is tucked away on Cherry street a stone's throw from the river. Walk in and relax on the private screened front porch before entering your home. Inside, you'll find updated kitchen and baths, a large dining room perfect for entertaining and two separate living areas. Upstairs is your oasis with a large owner's bedroom that includes an additional office and upstairs laundry off the main. In the backyard, enjoy your private deck and a workshop perfect for all types of projects! When you're ready to explore the neighborhood, you'll have your choice of amazing local dining and retails options in Avondale, Riverside, and Murray Hill,
List Price/SqFt: 1.17
Sold Price/SqFt: 1.17

Property Features

Additional Lease Terms: 12 Months Owner Pays: Pest Control Appliances: Convection Oven; Dishwasher; Dryer; Gas Cooktop; Gas Oven; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Wine Cooler Interior Features: Breakfast Bar; Pantry; Primary Bathroom - Tub with Shower Laundry Features: Upper Level Patio And Porch Features: Deck; Front Porch; Patio; Porch; Screened Water Source: Public Parking Features: Additional Parking; Off Street Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Rental Application URL: https://hovergirlproperties.com/rental-applications-payments/
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-02
Lease Term: 12 Months
Availability Date: 2026-12-01

Location Tax and Legal

Street Number: 1828
Street Name: CHERRY
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32205
MLS Area Major: 032-Avondale
Subdivision Name: Riverdale

Status Change Information

Major Change Timestamp: 2026-11-02T11:02:04Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-22
Close Date: 2026-11-02
Close Price: 2500

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 50
Pet Fee/Deposit: 250
Security Deposit: 2500

Documents

Rental Application Instructions ›

Listing Office: HOVER GIRL PROPERTIES

Last Updated: November - 02 - 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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