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.

2079 W 17TH Street, Jacksonville, FL 32209 (MLS# 1015630)

2079 W 17TH Street, Jacksonville, FL 32209

$52,000

Property Type: Residential Income Bedrooms: 2 Baths: 1 Square Footage: 782 Status: Closed

Current Price: $52,000 List Date: 9/26/2019 Last Modified: 10/22/2026

Overview

Description

Back on market! Solid investment for a buy-and-hold landlord. Concrete block construction. 2 bedroom, 1 bathroom with secure tenant. Electrical upgraded to code in 1998, re-roof in 2016 (all permits on file with Duval County). Seller is motivated. Cash or conventional (investment loan) only. Showings will be permitted during inspection period with accepted contract to purchase. Please do not disturb the tenants!

Listing Details MLS# 1015630

General Property Information

Number Of Units Total: Yes
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area: 782
Living Area Source: Public Records
Year Built: 1950
Garage Spaces: 2
Lot Size Dimensions: 50 x 100
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Stories: Yes
Directions: US 1/Martin Luther King Pkwy to South on N Canal St to left on 17th to corner of 17th and Danson St.
Public Remarks: Back on market! Solid investment for a buy-and-hold landlord. Concrete block construction. 2 bedroom, 1 bathroom with secure tenant. Electrical upgraded to code in 1998, re-roof in 2016 (all permits on file with Duval County). Seller is motivated. Cash or conventional (investment loan) only. Showings will be permitted during inspection period with accepted contract to purchase. Please do not disturb the tenants!
List Price/SqFt: 72.89
Sold Price/SqFt: 66.5

Property Features

Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator Construction Materials: Concrete Cooling: Central Air Flooring: Carpet; Laminate Heating: Central Listing Terms: Cash; Conventional Owner Pays: Insurance; Management; Pest Control; Sewer Parking Features: Detached Pool Features: None Possession: Other Road Surface Type: Asphalt Roof: Shingle; Other Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2019-09-15

Location Tax and Legal

Street Number: 2079
Street Direction Prefix: W
Street Name: 17TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
Subdivision Name: East Grand Park
MLS Area Major: 075-Trout River/College Park/Ribault Manor

Status Change Information

Major Change Timestamp: 2019-11-15T14:09:39Z
Major Change Type: Status Change
Purchase Contract Date: 2019-10-11
Close Date: 2019-11-14
Close Price: 52000

Income and Expenses

Gross Scheduled Income: 7800

More Information

Historical Information

Public Historical Remarks 1: Occupancy Rate: 100, Annual Property Tax: 620, Lot Location-Suburban: Y, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: $601 to $700/Month
Public Historical Remarks 2: Annual Rent: 7800.00, # 2 Bedroom Units: 1, Type-Sngl Family-Detached: Y, Present Tenant Exp: All Electric,Security Deposit,Water
Public Historical Remarks 3: Current Zoning: RLD-60

Listing Office: KELLER WILLIAMS FIRST COAST REALTY

Last Updated: October - 22 - 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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