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.

2124 SHERIDAN Street, Jacksonville, FL 32207 (MLS# 2169732)

2124 SHERIDAN Street, Jacksonville, FL 32207

$269,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,305 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $269,900 List Date: 10/21/2026 Last Modified: 11/04/2026

Overview

Description

Beautiful, 3-bedroom, 1-bathroom charming bungalow in a quiet neighborhood just a few blocks from San Marco's shops, restaurants, and multiple parks. The exterior has been fully renovated with brand-new LP SmartSide siding, fresh paint and trim, and a brand-new front porch. A matching custom-built shed with ample loft storage completes the outdoor living spaces. The backyard is fully enclosed by a new vinyl privacy fence and features seashell walkways, lush vegetable and flower gardens, and a variety of productive fruit trees, so the new owners can literally pick fruit from their own garden! Inside you'll find an open concept floor-plan, fabulous kitchen with granite counters, 42" espresso cabinets, mosaic backsplash, and stainless-steel appliances. Thoughtful updates include a new water heater, new blinds, new lighting fixtures throughout, Nest smart thermostat, and the washer and dryer that convey. The attic received full blown-in insulation in 2025 for improved energy efficiency.

Supplements: Additional improvements include foundation inspection with lifetime warranty that conveys and septic pumped in 2026. Enjoy the large fenced yard perfect for kids, pets, gardening, and family BBQs, plus the convenience of being a short ride to Downtown Jacksonville and I-95. Move-in ready with modern comforts and classic bungalow charm! Schedule y ... (Read more)

Listing Details MLS# 2169732

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1305
Living Area Source: Public Records
Year Built: 1940
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
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
Stories: Yes
Senior Community YN: No
Directions: From I95, exit west on Emerson, R on St Augustine, R on Sheridan, home on right. OR San Jose Blvd north, turns into Hendricks, R on Sheridan, L on St Augustine Rd and quick R on Sheridan.
Public Remarks: Beautiful, 3-bedroom, 1-bathroom charming bungalow in a quiet neighborhood just a few blocks from San Marco's shops, restaurants, and multiple parks. The exterior has been fully renovated with brand-new LP SmartSide siding, fresh paint and trim, and a brand-new front porch. A matching custom-built shed with ample loft storage completes the outdoor living spaces. The backyard is fully enclosed by a new vinyl privacy fence and features seashell walkways, lush vegetable and flower gardens, and a variety of productive fruit trees, so the new owners can literally pick fruit from their own garden! Inside you'll find an open concept floor-plan, fabulous kitchen with granite counters, 42" espresso cabinets, mosaic backsplash, and stainless-steel appliances. Thoughtful updates include a new water heater, new blinds, new lighting fixtures throughout, Nest smart thermostat, and the washer and dryer that convey. The attic received full blown-in insulation in 2025 for improved energy efficiency.
List Price/SqFt: 206.82

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Eat-in Kitchen; Open Floorplan; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Septic Tank Smart Home Features: Monitoring; Programmable Thermostat; Security Patio And Porch Features: Deck; Front Porch; Rear Porch Roof: Shingle Parking Features: Additional Parking; Off Street Fencing: Back Yard; Vinyl Current Use: Recreational; Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan