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.

2146 INWOOD Terrace 2-0, Jacksonville, FL 32207 (MLS# 2171919)

2146 INWOOD Terrace 2-0, Jacksonville, FL 32207

New Listing

$750

Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 420 Status: Active

Current Price: $750 List Date: 11/02/2026 Last Modified: 11/02/2026

Overview

Description

2146 Inwood Terrace 2 - Ground-floor 1-bedroom, 1-bath unit in the San Marco/Emerson area featuring an updated kitchen and bathroom, updated appliances, mini-split AC, and a stackable washer and dryer. Conveniently located near local shops and amenities. Rent is $750/month with a $200 security deposit. Tenant is responsible for all utilities. A 12-month lease is required; no short-term leases. Applicants must pass background, credit, and rental history screening, with no prior evictions or rental collections. Minimum net household income of 3 times the monthly rent and 2 years of verifiable rental and employment history required. Application fee is $60 per adult, and lease preparation fee is $100. Pets subject to approval, with a one-time non-refundable pet fee. Current vaccinations and flea prevention required. Applications accepted through the property management website only.

Listing Details MLS# 2171919

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 420
Living Area Source: Public Records
Year Built: 1964
Accessory Dwelling Unit Y/N: No
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 2
Senior Community YN: No
Directions: From Downtown Jacksonville, take I-95 S and exit at Emerson Street. Continue east on Emerson Street, then turn right onto St. Augustine Road. Turn right onto Inwood Terrace.
Public Remarks: 2146 Inwood Terrace 2 - Ground-floor 1-bedroom, 1-bath unit in the San Marco/Emerson area featuring an updated kitchen and bathroom, updated appliances, mini-split AC, and a stackable washer and dryer. Conveniently located near local shops and amenities. Rent is $750/month with a $200 security deposit. Tenant is responsible for all utilities. A 12-month lease is required; no short-term leases. Applicants must pass background, credit, and rental history screening, with no prior evictions or rental collections. Minimum net household income of 3 times the monthly rent and 2 years of verifiable rental and employment history required. Application fee is $60 per adult, and lease preparation fee is $100. Pets subject to approval, with a one-time non-refundable pet fee. Current vaccinations and flea prevention required. Applications accepted through the property management website only.
List Price/SqFt: 1.79

Property Features

Additional Lease Terms: 12 Months Levels: One Appliances: Electric Range; Refrigerator Laundry Features: In Unit Water Source: Public Parking Features: Off Street; Parking Lot Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Split System Heating: Central Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Attorney Fee; Lease Prep Tenant Pays: All Utilities

Contract Information

Rental Application URL: https://winrockpm.managebuilding.com/Resident/rental-application/new
Property Sub Type: Apartment
Property Attached YN: No
Listing Contract Date: 2026-11-02
Lease Term: 12 Months
Availability Date: 2026-11-02

Location Tax and Legal

Street Number: 2146
Street Name: INWOOD
Street Suffix: Terrace
State: FL
County: Duval
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: South Riverside

Status Change Information

Major Change Timestamp: 2026-11-02T16:28:33Z
Major Change Type: New Listing

Deposits and Fees

Additional Fee: 100
Application Fee: 60
Security Deposit: 200

More Information

Listing Office: WINROCK PROPERTY MANAGEMENT, LLC.

Last Updated: November - 02 - 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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