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.

2511 HERSCHEL Street, Jacksonville, FL 32204 (MLS# 2172033)

2511 HERSCHEL Street, Jacksonville, FL 32204

New Listing

$449,700

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,767 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $449,700 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Riverside Gem! Built in 1906, this charming Riverside bungalow offers a distinctive blend of historic character, comfortable living, and flexible functionality. Easy walk to neighborhood restaurants, shops, places of worship, and the nearby hospital. Zoned CRO the property offers residential living, other eligible professional uses or both. A welcoming front porch sets the tone, inviting you into a warm, peaceful interior featuring hardwood floors, a cozy gas fireplace, and an adjoining dining area. The kitchen offers generous counter space, ample pantry storage, a gas range and oven, dishwasher, a newer stainless steel refrigerator, and a charming garden window. One of the home's most appealing features is the private front bedroom or office, complete with original wood pocket doors and an adjoining half bath. Its thoughtful placement allows for convenient access while maintaining privacy throughout the rest of the home, making it an attractive option for a professional office or

Supplements: guest accommodations. The main level also includes an additional bedroom, a flexible bonus room, and a full bathroom. The laundry area, just off the kitchen, accommodates a side-by-side washer and electric dryer. Upstairs, an expansive loft-style primary bedroom offers a peaceful retreat with generous space for bedroom furnishings, closet storage, ... (Read more)

Listing Details MLS# 2172033

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1767
Living Area Source: Public Records
Year Built: 1906
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
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: Negotiable
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Take I-95 to Park St. Continue on Park St. Drive to Herschel St
Public Remarks: Riverside Gem! Built in 1906, this charming Riverside bungalow offers a distinctive blend of historic character, comfortable living, and flexible functionality. Easy walk to neighborhood restaurants, shops, places of worship, and the nearby hospital. Zoned CRO the property offers residential living, other eligible professional uses or both. A welcoming front porch sets the tone, inviting you into a warm, peaceful interior featuring hardwood floors, a cozy gas fireplace, and an adjoining dining area. The kitchen offers generous counter space, ample pantry storage, a gas range and oven, dishwasher, a newer stainless steel refrigerator, and a charming garden window. One of the home's most appealing features is the private front bedroom or office, complete with original wood pocket doors and an adjoining half bath. Its thoughtful placement allows for convenient access while maintaining privacy throughout the rest of the home, making it an attractive option for a professional office or
List Price/SqFt: 254.5

Property Features

Architectural Style: Historic Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Dryer; Electric Water Heater; Gas Oven; Gas Range; Refrigerator; Washer Fireplace Features: Gas Interior Features: Ceiling Fan(s); Kitchen Island; Primary Bathroom - Tub with Shower; Split Bedrooms; Vaulted Ceiling(s) Flooring: Tile; Wood Laundry Features: Lower Level Utilities: Electricity Connected; Natural Gas Available; Water Connected Cooling: Central Air; Multi Units; Split System Heating: Central; Electric; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Construction Materials: Vinyl Siding Other Structures: Shed(s) Patio And Porch Features: Covered; Deck; Front Porch Spa Features: Above Ground; Heated Roof: Shingle Parking Features: Off Street Lot Features: Historic Area Fencing: Back Yard; Fenced Current Use: Mixed Use; Office; Residential Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-29

Location Tax and Legal

Street Number: 2511
Street Name: HERSCHEL
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32204
MLS Area Major: 031-Riverside
Subdivision Name: Central Riverside

Status Change Information

Major Change Timestamp: 2026-11-04T08:15:35Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: THE LEGENDS OF REAL ESTATE

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.