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.

2625 LARKSPUR Avenue, Jacksonville, FL 32209 (MLS# 2172211)

2625 LARKSPUR Avenue, Jacksonville, FL 32209

New Listing

$140,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 900 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $140,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Move right into this updated 3-bedroom, 1-bath home on a private street, close to downtown with easy access to the highways. Inside, LVP flooring gives the home a clean, updated look. Outside, the oversized backyard has plenty of room for weekend cookouts, gardening, or letting the dogs run. Both the front and backyard are fully fenced. If you're looking for your first home or simply want a place that's ready to go, put this one on your list. Schedule your showing today!

Listing Details MLS# 2172211

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 900
Living Area Source: Assessor
Year Built: 1958
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.17
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From Downtown take Moncrief Rd North. Turn left onto Edgewood Ave W. Turn left onto Carnation Rd. Turn right onto Wisteria St. Turn left onto Begonia Rd. Turn Left onto Larkspur Ave.
Public Remarks: Move right into this updated 3-bedroom, 1-bath home on a private street, close to downtown with easy access to the highways. Inside, LVP flooring gives the home a clean, updated look. Outside, the oversized backyard has plenty of room for weekend cookouts, gardening, or letting the dogs run. Both the front and backyard are fully fenced. If you're looking for your first home or simply want a place that's ready to go, put this one on your list. Schedule your showing today!
List Price/SqFt: 155.56

Property Features

Property Condition: Updated/Remodeled Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Parking Features: Carport Lot Features: Cul-De-Sac; Dead End Street Fencing: Back Yard; Chain Link Current Use: Single Family Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-11-04

Location Tax and Legal

Street Number: 2625
Street Name: LARKSPUR
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Magnolia Gardens

Status Change Information

Major Change Timestamp: 2026-11-04T14:20:47Z
Major Change Type: New Listing

More Information

Listing Office: MOMENTUM REALTY

Last Updated: November - 04 - 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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