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.

2504 N LAURA Street, Jacksonville, FL 32206 (MLS# 2172144)

2504 N LAURA Street, Jacksonville, FL 32206

New Listing

$1,600,000

Property Type: Commercial Sale Square Footage: 29,634 Lot Size (sq. ft.): 103,237 Status: Active

Current Price: $1,600,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Loads of possibilities for this 2.37 acres site with 6 buildings totaling 29,634 sf. Located off Main Street just outside of Springfield Historic District. Currently has numerous tenants on a month-to-month basis. Each building is unique in its own way. Priced to sell at $54 psf.

Listing Details MLS# 2172144

General Property Information

Building Area Total: 29634
Building Area Source: Assessor
Year Built: 1940
Lot Size Acres: 2.37
Water Body Access YN: No
Waterfront YN: No
Directions: West side of Main Street at 16th (one street back)
Public Remarks: Loads of possibilities for this 2.37 acres site with 6 buildings totaling 29,634 sf. Located off Main Street just outside of Springfield Historic District. Currently has numerous tenants on a month-to-month basis. Each building is unique in its own way. Priced to sell at $54 psf.
List Price/SqFt: 53.99

Property Features

Construction Materials: Block; Concrete Cooling: Varies by Unit Current Use: Industrial; Mixed Use Fencing: Fenced Flooring: Concrete Heating: Varies by Unit Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Dead End Street; Irregular Lot Parking Features: Gated; Secured Possession: Close Of Escrow Road Frontage Type: City Street Sale Includes: Building & Land Security Features: Security Fence; Security Gate; Security System Owned Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2026-10-20
Property Sub Type: Industrial

Location Tax and Legal

Street Number: 2504
Street Direction Prefix: N
Street Name: LAURA
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: Springfield
MLS Area Major: 076-Downtown Jacksonville-Eastside

Status Change Information

Major Change Timestamp: 2026-11-03T19:40:25Z
Major Change Type: New Listing

Building Features

Building Class: C
Price Per Bldg SqFt: 54
Price Per Land SqFt: 15.5

More Information

Documents

Survey ›

Listing Office: NOTEWORTHY INVESTMENTS & MANAGEMENT, INC.

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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