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.

1842 W 27TH Street, Jacksonville, FL 32209 (MLS# 2166590)

1842 W 27TH Street, Jacksonville, FL 32209

$110,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,070 Status: Active

Current Price: $110,000 List Date: 10/03/2026 Last Modified: 10/27/2026

Overview

Description

Welcome to this charming 3-bedroom, 1-bath home offering 1,070 square feet of living space! This home features a roof updated in 2017, a brand-new HVAC system installed in 2025, and fresh interior paint and new carpeting completed in 2025. Enjoy a comfortable living area, a functional floor plan, and a yard with room for outdoor enjoyment. Whether you're searching for a place to call home or your next investment opportunity, this property has plenty to offer. Conveniently located near Downtown Jacksonville with easy access to shopping, dining, and major roadways. Don't miss this opportunity to make this home your own.

Listing Details MLS# 2166590

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1070
Living Area Source: Public Records
Year Built: 1946
Accessory Dwelling Unit Y/N: No
Homestead YN: No
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
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Direction Faces: North
Directions: From Downtown Jacksonville, head west on W State Street. Turn right onto N Myrtle Avenue and continue north. Turn left onto W 27th Street and proceed west toward Fairfax Street. The property is located at 1842 W 27th Street.
Public Remarks: Welcome to this charming 3-bedroom, 1-bath home offering 1,070 square feet of living space! This home features a roof updated in 2017, a brand-new HVAC system installed in 2025, and fresh interior paint and new carpeting completed in 2025. Enjoy a comfortable living area, a functional floor plan, and a yard with room for outdoor enjoyment. Whether you're searching for a place to call home or your next investment opportunity, this property has plenty to offer. Conveniently located near Downtown Jacksonville with easy access to shopping, dining, and major roadways. Don't miss this opportunity to make this home your own.
List Price/SqFt: 102.8

Property Features

Architectural Style: Traditional Levels: One Property Condition: Fixer; Updated/Remodeled Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Refrigerator; Washer; Other Interior Features: Entrance Foyer Flooring: Carpet; Tile; Vinyl Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Window Bars Construction Materials: Frame; Stucco Parking Features: On Street; Other Fencing: Fenced Current Use: Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-25

Location Tax and Legal

Street Number: 1842
Street Direction Prefix: W
Street Name: 27TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Royal Terrace

Status Change Information

Major Change Timestamp: 2026-10-26T19:05:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T19:05:21Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

detefective ›

Listing Office: MARK SPAIN REAL ESTATE

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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