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.

2519 Hendricks Avenue, Jacksonville, FL 32207 (MLS# 711735)

2519 Hendricks Avenue, Jacksonville, FL 32207

$249,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,916 Status: Closed

Current Price: $249,000 List Date: 4/16/2014 Last Modified: 10/23/2026

Overview

Description

Don't miss this great opportunity near San Marco with this 2 Story Brick Home with Separate Living/Dining Room, Sunroom, Hardwood Floors Throughout, and a Lots of Parking! Won't last long at this price! This is a Fannie Mae Homepath Property. This property is approved for Homepath Renovation Mortgage Financing. Close on/before June 30, 2014 and request up to 3.5% of the final sales price to be used as closing cost assistance! Initial offer must be made on/after Feb. 14, 2014 or before April 30, 2014. Restrictions apply.

Listing Details MLS# 711735

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1916
Living Area Source: Public Records
Year Built: 1941
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: FROM SAN MARCO SHOPS GO SOUTH ON HENDRICKS 2 1/2 BLOCKS. HOUSE WILL BE ON LEFT BEFORE 1ST LIGHT AT RIVER OAKS.
Public Remarks: Don't miss this great opportunity near San Marco with this 2 Story Brick Home with Separate Living/Dining Room, Sunroom, Hardwood Floors Throughout, and a Lots of Parking! Won't last long at this price! This is a Fannie Mae Homepath Property. This property is approved for Homepath Renovation Mortgage Financing. Close on/before June 30, 2014 and request up to 3.5% of the final sales price to be used as closing cost assistance! Initial offer must be made on/after Feb. 14, 2014 or before April 30, 2014. Restrictions apply.
List Price/SqFt: 130.43
Sold Price/SqFt: 129.96

Property Features

Approx Parcel Size: Less than .25 Acre Flooring: Wood Utilities: Other Cooling: Central Air Heating: Central Pool Features: None Parking Features: Detached; Garage Current Use: Residential

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-04-03

Location Tax and Legal

Street Number: 2519
Street Name: Hendricks
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: Alexandria Place

Status Change Information

Major Change Timestamp: 2014-06-20T23:46:27Z
Major Change Type: Status Change
Purchase Contract Date: 2014-04-27
Close Date: 2014-06-20
Close Price: 249000

Fireplace Features

Fireplaces Total: Yes

More Information

Room Information

Room Name
Living Room

Documents

Buyer Disclosure Form ›

Homepath Offer Aid ›

Homepath Renovation Mortgage Flyer ›

Making Home Easy Flyer ›

Owner Occupant Certification ›

Real Estate Purchase Addendum ›

Release of Keys Notice ›

Listing Office: CORE REALTY, LLC

Last Updated: October - 23 - 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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