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.

2122 ERNEST Street, Jacksonville, FL 32204 (MLS# 2172137)

2122 ERNEST Street, Jacksonville, FL 32204

New Listing

$3,000

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,700 Status: Active

Current Price: $3,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

RIVERSIDE BUNGALOW WITH AN INVITING POOL AND OUTDOOR SPACE FOR RENT. This home is located in the heart of Riverside and features 3 bedrooms, 2 bath, a great living room with beautiful, coffered ceilings, a bright and cheery dining room, a spacious kitchen (R/R/DW). The home also features a open front porch for enjoying your morning coffee or an evening glass of wine. Equipped with CHA and Washer -Dryer, and a recently renovated interior. The pool area and outdoors spaces are great for entertaining. The home is ideally located near Downtown, Avondale, San Marco, NAS, all the areas nice Parks, Great Dining and lots of area Shops. May consider pets w/nrpf pet deposit, no smoking, pool care and lawn service is included $3000 security deposit, (OTKsh/fm ) available now

Listing Details MLS# 2172137

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1700
Living Area Source: Measured
Year Built: 1924
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From Downtown take Park Street west, to north on Goodwin St, to west on Ernest, to property. There is no sign.
Public Remarks: RIVERSIDE BUNGALOW WITH AN INVITING POOL AND OUTDOOR SPACE FOR RENT. This home is located in the heart of Riverside and features 3 bedrooms, 2 bath, a great living room with beautiful, coffered ceilings, a bright and cheery dining room, a spacious kitchen (R/R/DW). The home also features a open front porch for enjoying your morning coffee or an evening glass of wine. Equipped with CHA and Washer -Dryer, and a recently renovated interior. The pool area and outdoors spaces are great for entertaining. The home is ideally located near Downtown, Avondale, San Marco, NAS, all the areas nice Parks, Great Dining and lots of area Shops. May consider pets w/nrpf pet deposit, no smoking, pool care and lawn service is included $3000 security deposit, (OTKsh/fm ) available now
List Price/SqFt: 1.76

Property Features

Additional Lease Terms: 12 Months Owner Pays: Pool Maintenance Architectural Style: Historic Levels: Multi/Split Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Pantry; Primary Bathroom - Tub with Shower Laundry Features: In Unit Smart Home Features: Carbon Monoxide Detector; Smoke Detector Patio And Porch Features: Covered; Deck; Front Porch Pool Features: In Ground; Fenced Association Amenities: Laundry Association Fee Includes: Other Water Source: Public Parking Features: Additional Parking Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Fencing: Back Yard Utilities: Cable Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Attorney Fee Rent Includes: Gardener Pets Allowed: Breed Restrictions

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-11-03
Lease Term: 12 Months
Availability Date: 2026-11-03

Location Tax and Legal

Street Number: 2122
Street Name: ERNEST
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32204
MLS Area Major: 031-Riverside
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2026-11-03T19:12:50Z
Major Change Type: New Listing

Deposits and Fees

Additional Fee: 100
Application Fee: 75
Security Deposit: 3000

More Information

Room Information

Room Name
Living Room
Loft
Utility Room

Listing Office: TRADITIONS REALTY LLC

Last Updated: November - 03 - 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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