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.

2514 WALNUT Street 2520, Jacksonville, FL 32206 (MLS# 2138792)

2514 WALNUT Street 2520, Jacksonville, FL 32206

$1,100

WALNUT STREET VILLA WITH OFF STREET PARKING

Back yard with grill and picnic table totally fenced and private

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 4,480 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $1,100 List Date: 4/07/2026 Last Modified: 10/27/2026

Overview

Description

APARTMENT FOR RENT... RENT SPECIAL North on I-95, East on 20th Street exp, exit Liberty st take a right, Left on 16th St to Walnut. Qualified renters can request to RECEIVE A 40' TV. Private entrance, RRWD with private covered front balcony for morning coffee or evening sunsets, separate dining and living rooms, large rooms, window coverings, new central heating and air, washer dryer inside unit, private back yard totally fenced, very quiet area surrounded by a park, off street parking at your unit. Must have income 3x the rent. Call listing agent Heather for tour and receive application, or Use Showing time. Security deposit 1100, may accept pet. (TP avail)

Listing Details MLS# 2138792

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Unit Type: Exterior Unit
Living Area: 1119
Living Area Source: Estimated
Building Area Total: 4480
Year Built: 1924
Lot Size Acres: 0.12
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: From I-10, North on I-95, East on 20th Street expressway, exit Liberty street and take a right, Left on 16th Street 2 blocks to Walnut.
Public Remarks: APARTMENT FOR RENT... RENT SPECIAL North on I-95, East on 20th Street exp, exit Liberty st take a right, Left on 16th St to Walnut. Qualified renters can request to RECEIVE A 40' TV. Private entrance, RRWD with private covered front balcony for morning coffee or evening sunsets, separate dining and living rooms, large rooms, window coverings, new central heating and air, washer dryer inside unit, private back yard totally fenced, very quiet area surrounded by a park, off street parking at your unit. Must have income 3x the rent. Call listing agent Heather for tour and receive application, or Use Showing time. Security deposit 1100, may accept pet. (TP avail)
List Price/SqFt: 0.98

Property Features

Additional Lease Terms: 12 Months Owner Pays: Grounds Care; Pest Control; Trash Collection Architectural Style: Villa Levels: Two Appliances: Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Laundry Features: In Unit Smart Home Features: Smoke Detector Exterior Features: Balcony Patio And Porch Features: Covered Water Source: Public Parking Features: Off Street Sewer: Public Sewer Security Features: Security Fence; Smoke Detector(s) Fencing: Back Yard; Chain Link; Privacy Utilities: Cable Available; Electricity Available; Separate Water Meters; Sewer Available Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Lease Prep Rent Includes: Trash Collection Tenant Pays: All Utilities; Electricity; Sewer; Water Pets Allowed: Breed Restrictions

Contract Information

Property Sub Type: Apartment
Property Attached YN: Yes
Listing Contract Date: 2026-04-07
Lease Term: 12 Months
Availability Date: 2026-05-01

Location Tax and Legal

Street Number: 2514
Street Name: WALNUT
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32206
MLS Area Major: 076-Downtown Jacksonville-Eastside
Subdivision Name: New Springfield

Status Change Information

Major Change Timestamp: 2026-10-27T18:04:28Z
Major Change Type: Price Change
Price Change Timestamp: 2026-10-27T18:04:28Z

Deposits and Fees

Additional Fee: 100
Application Fee: 75
Security Deposit: 1100

More Information

Listing Office: TRADITIONS REALTY LLC

Last Updated: October - 27 - 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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