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 RIVERSIDE Avenue, Jacksonville, FL 32204 (MLS# 1048193)

2519 RIVERSIDE Avenue, Jacksonville, FL 32204

$595,000

Virtual Tour

https://www.zillow.com/view-3d-home/1518b834-6a43-40f7-900c-8920f5b3c717/?setAttribution=mls

Property Type: Commercial Sale Square Footage: 4,383 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $595,000 List Date: 4/10/2020 Last Modified: 10/22/2026

Overview

Description

LOCATION LOCATION LOCATION. Zoned CRO directly across from St. Vincent's Medical Center, this beautifully maintained historic property is the perfect setting for a Drs office or a law firm, or anyone who may want to live above their business. As you enter the front door, you are greeted by the warmth and character of original hardwood floors, crown moldings, columns and glass french doors. The house flows perfectly as a setting for offices downstairs with residential upstairs. Two fireplaces capture the ambiance of days gone by with exposure from multiple rooms. Upstairs, servies 3 bedrooms and the kitchen and a full bath, with a screened porch and roof top deck to enjoy the out doors. As if the main house weren't enough to capture your attention, there is an expansive space SEE MORE

Supplements: in the back that acts as a wonderful storage space, and another spacious room (with pull down stairs for easy access to attic storage) in the rear of the property that has served as a workshop for the current owners business for many years. Those two spaces were added and do not fall under the Historic Guidelines and therefore could be removed shou ... (Read more)

Listing Details MLS# 1048193

General Property Information

Building Area Total: 4383
Building Area Source: Appraiser
Year Built: 1917
Lot Size Acres: 0.14
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Directions: From I-95 North take the Acosta Bridge to Riverside Ave. past the Cummer Museum, Memorial Park and Publix to just past Stockton Street to 2519 Riverside Ave on the right.
Public Remarks: LOCATION LOCATION LOCATION. Zoned CRO directly across from St. Vincent's Medical Center, this beautifully maintained historic property is the perfect setting for a Drs office or a law firm, or anyone who may want to live above their business. As you enter the front door, you are greeted by the warmth and character of original hardwood floors, crown moldings, columns and glass french doors. The house flows perfectly as a setting for offices downstairs with residential upstairs. Two fireplaces capture the ambiance of days gone by with exposure from multiple rooms. Upstairs, servies 3 bedrooms and the kitchen and a full bath, with a screened porch and roof top deck to enjoy the out doors. As if the main house weren't enough to capture your attention, there is an expansive space SEE MORE
List Price/SqFt: 135.75
Sold Price/SqFt: 135.75

Property Features

Business Type: Professional/Office Construction Materials: Aluminum Siding; Frame; Stucco; Vinyl Siding Current Use: Commercial; Office; Residential; Retail; Single Family Heating: Central; Electric; Heat Pump Listing Terms: Cash; Conventional Lot Features: Historic Area Parking Features: Parking Lot; Other Roof: Shingle; Other Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2020-04-01
Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 2519
Street Name: RIVERSIDE
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32204
MLS Area Major: 031-Riverside

Status Change Information

Major Change Timestamp: 2023-11-20T13:16:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-01-11T17:15:07Z
Purchase Contract Date: 2021-03-08
Close Date: 2021-06-04
Close Price: 595000

Historical Information

Public Historical Remarks 1: Road Surface: Asphalt Road, Structure-Off Grade: Y, Lot Location-Free Standing: Y, Approx. Total SqFt: 4383.00
Public Historical Remarks 2: Lot Location-Urban/City: Y, Energy Features-Ceiling Fan(s): Y, Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings
Public Historical Remarks 3: Current Zoning: CRO

More Information

Documents

COVID-19 Showing Disclosure ›

Seller's Property Disclosure ›

Floor Plans ›

BHHS~FNR Anti Fraud Disclosure ›

Lead Based Paint Disclosure ›

Lead Based Paint Brochure ›

BHHS~FNR Listing Sales Disclosure ›

Historic District Disclosure ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 22 - 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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