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.

1893 E Road, Jacksonville, FL 32216 (MLS# 2137601)

1893 E Road, Jacksonville, FL 32216

$298,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,608 Lot Size (sq. ft.): 21,780 Status: Active

Current Price: $298,000 List Date: 3/31/2026 Last Modified: 10/28/2026

Overview

Description

Home on half Acre lot centrally located. Features: New kitchen cabinets, granite w sparkles, New stainless steel look appliances, Renovated bathroom, New flooring in the main areas. Electric panel 2025, Roof 2020, A/C 2015. Double car garage detached with a side room. Water heater 2025. Washer & Dryer is included. It's rented at $1,800/m

Listing Details MLS# 2137601

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1175
Living Area Source: Public Records
Building Area Total: 1608
Year Built: 1950
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.5
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From Beach and University Blvd S go east and take a right on Beach Blvd, right on Hogan Rd, right on E Rd and home on left going west.
Public Remarks: Home on half Acre lot centrally located. Features: New kitchen cabinets, granite w sparkles, New stainless steel look appliances, Renovated bathroom, New flooring in the main areas. Electric panel 2025, Roof 2020, A/C 2015. Double car garage detached with a side room. Water heater 2025. Washer & Dryer is included. It's rented at $1,800/m
List Price/SqFt: 253.62

Property Features

Appliances: Electric Range; Electric Water Heater; Microwave; Refrigerator Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Parking Features: Detached; Garage Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-31

Location Tax and Legal

Street Number: 1893
Street Name: E
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Ridgeland Gardens

Status Change Information

Major Change Timestamp: 2026-10-28T22:45:17Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-28T22:45:17Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Seller's disclosure ›

Survey ›

Listing Office: GREEN PALM REALTY & PROPERTY MANAGEMENT

Last Updated: October - 28 - 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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