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.

2470 VERNON Street, Jacksonville, FL 32209 (MLS# 2169162)

2470 VERNON Street, Jacksonville, FL 32209

$182,980

Property Type: Residential Bedrooms: 6 Baths: 2 Square Footage: 1,793 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $182,980 List Date: 10/14/2026 Last Modified: 11/03/2026

Overview

Description

Great investment opportunity in Jacksonville's Grand Park neighborhood! Whether you're looking to expand your rental portfolio or find a place to call home, this property offers plenty of potential. The home features a spacious living area, a fully equipped kitchen, a combination of hardwood and tile flooring and central air conditioning. The roof was replaced in 2023, offering a valuable recent improvement. Conveniently located near major roadways, with easy access to shopping, dining, and other areas of Jacksonville. Don't miss this opportunity to make this property your next investment or personal residence!

Listing Details MLS# 2169162

General Property Information

Bedrooms Total: 6
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1793
Living Area Source: Public Records
Building Area Total: 1793
Year Built: 1961
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.11
Lot Size Dimensions: 50x100
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
Furnished: Furnished
Stories: Yes
Senior Community YN: No
Direction Faces: Northeast
Directions: From 13th Street and Myrtle Avenue, head toward Division Street and turn right. Turn left onto Vernon Street. The home will be on your left.
Public Remarks: Great investment opportunity in Jacksonville's Grand Park neighborhood! Whether you're looking to expand your rental portfolio or find a place to call home, this property offers plenty of potential. The home features a spacious living area, a fully equipped kitchen, a combination of hardwood and tile flooring and central air conditioning. The roof was replaced in 2023, offering a valuable recent improvement. Conveniently located near major roadways, with easy access to shopping, dining, and other areas of Jacksonville. Don't miss this opportunity to make this property your next investment or personal residence!
List Price/SqFt: 102.05

Property Features

Levels: One Appliances: Electric Oven; Microwave; Refrigerator Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block; Concrete Roof: Shingle Parking Features: On Street Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Kitchen; Living Room; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-14

Location Tax and Legal

Street Number: 2470
Street Name: VERNON
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: East Grand Park

Status Change Information

Major Change Timestamp: 2026-11-03T14:55:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T14:55:23Z

DPR Eligible

DPR Eligible: Yes

More Information

Room Types

Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Bedroom 5 Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom Level: Main

Room Information

Room Name	Level
Primary Bedroom	Main
Kitchen	Main
Living Room	Main
Bedroom 1	Main
Bedroom 2	Main
Bedroom 3	Main
Bedroom 4	Main
Bedroom 5	Main

Documents

Flood Disclosure ›

LBP ›

Sellers Non-occupacy Disclosure ›

Offer Instructions ›

Listing Office: REAL BROKER LLC

Last Updated: November - 03 - 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