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.

2075 ALMIRA Street, Jacksonville, FL 32211 (MLS# 2125060)

2075 ALMIRA Street, Jacksonville, FL 32211

$830,000

Property Type: Residential Income Bedrooms: 10 Baths: 7 Square Footage: 5,134 Lot Size (sq. ft.): 128,938 Status: Active

Current Price: $830,000 List Date: 9/02/2026 Last Modified: 10/30/2026

Overview

Description

Investment opportunity consisting of 5 single-family houses that are currently leased. 3 minutes by car to Jacksonville University. ''Nearly 3 acres of Land''. You are welcome to enter the land to view it, but please do not disturb the tenants. All units are rented. Total collected per month: $6,725 Water expenses are around $200 per month. Lawn mowing costs $280 per month.

Listing Details MLS# 2125060

General Property Information

Number Of Units Total: 5
Bedrooms Total: 10
Bathrooms Total: 7
Bathrooms Full: 7
Living Area: 5134
Accessibility Features YN: No
New Construction YN: No
Year Built: 1951
Garage YN: Yes
Garage Spaces: 50
Carport YN: No
Lot Size Acres: 2.96
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Heading North on University Blvd from Arlington Expressway , turn right onto Floral Bluff Rd. Property is straight ahead through the gates
Public Remarks: Investment opportunity consisting of 5 single-family houses that are currently leased. 3 minutes by car to Jacksonville University. ''Nearly 3 acres of Land''. You are welcome to enter the land to view it, but please do not disturb the tenants. All units are rented. Total collected per month: $6,725 Water expenses are around $200 per month. Lawn mowing costs $280 per month.
List Price/SqFt: 161.67

Property Features

Cooling: Central Air; Multi Units; Wall/Window Unit(s) Current Use: Multi-Family Heating: Central; Other Listing Terms: Cash; Conventional; Other Lot Features: Few Trees Parking Features: Parking Lot Possession: Close Of Escrow Utilities: Cable Available; Electricity Connected; Water Connected

Contract Information

Listing Contract Date: 2026-01-14
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 2075
Street Name: ALMIRA
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32211
Subdivision Name: Eggleston Heights
MLS Area Major: 041-Arlington

Status Change Information

Major Change Timestamp: 2026-10-30T21:11:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-30T21:11:35Z

Currently Not Used

Property Attached YN: No
yn11: No

More Information

Unit 1 Details

Unit ID: Yes
Actual Rent: 1250
Unit SqFt: 920
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Lease expired

Unit 2 Details

Unit ID: 2
Actual Rent: 1450
Unit SqFt: 768
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Lease expired

Unit 3 Details

Unit ID: 3
Actual Rent: 1650
Unit SqFt: 1950
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Lease expired

Unit 4 Details

Unit ID: 4
Actual Rent: 1325
Unit SqFt: 956
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Lease expired

Unit 5 Details

Unit ID: 5
Actual Rent: 1025
Unit SqFt: 624
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Lease expired

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: October - 30 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare