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.

2731 FLORADALE Drive S, Jacksonville, FL 32209 (MLS# 2169798)

2731 FLORADALE Drive S, Jacksonville, FL 32209

$99,900

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,298 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $99,900 List Date: 10/18/2026 Last Modified: 10/28/2026

Overview

Description

Original owners home 2 bedrooms 1.5 bath home in quiet neighborhood of a lot of original owners or their family. Could easily be converted to a 3bedroom /2 bath. Fenced yard above ground elevation. Great sized enclosed laundry. Close to transportation, shopping and public transportation. Great for your first time homebuyer, investor or retirees with limited funds. Agents check out the low property taxes great for figuring out your buyers payments don't let this opportunity pass you by for your buyers looking to on a home for less than renting. Let's work together to affect a quick sale. Area qualifies for a lot of different grants or DPA programs. Hard to find a brick home in this price range. Fenced yard. HVAC replaced in the last two years according to the owner. Will replace roof if required by inspection and or appraisal. Off grade construction for easy access to plumbing. POA has limited knowledge of property as to knowledge on ''Sellers Disclosure''

Listing Details MLS# 2169798

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1041
Living Area Source: Assessor
Building Area Total: 1298
Year Built: 1965
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.13
Lot Size Dimensions: 55x105
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
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From I-95 north exit on Edgewood Ave TL after Exit proceed on Edgewood until you get to Floradale Drive TL house will be on the right after bending of the road. Alternate directions MLK to US-1 North proceed on US-1 to Edgewood Ave. cross Blossom Dr. TR on Floradale Drive South home will be on your left after bending of the road
Public Remarks: Original owners home 2 bedrooms 1.5 bath home in quiet neighborhood of a lot of original owners or their family. Could easily be converted to a 3bedroom /2 bath. Fenced yard above ground elevation. Great sized enclosed laundry. Close to transportation, shopping and public transportation. Great for your first time homebuyer, investor or retirees with limited funds. Agents check out the low property taxes great for figuring out your buyers payments don't let this opportunity pass you by for your buyers looking to on a home for less than renting. Let's work together to affect a quick sale. Area qualifies for a lot of different grants or DPA programs. Hard to find a brick home in this price range. Fenced yard. HVAC replaced in the last two years according to the owner. Will replace roof if required by inspection and or appraisal. Off grade construction for easy access to plumbing. POA has limited knowledge of property as to knowledge on ''Sellers Disclosure''
List Price/SqFt: 95.97

Property Features

Architectural Style: Ranch; Traditional Levels: One Appliances: Electric Range; Electric Water Heater; Refrigerator Flooring: Tile; Vinyl; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Block; Brick; Vinyl Siding Parking Features: Attached Carport Fencing: Chain Link; Fenced; Full Current Use: Ranch; Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-18

Location Tax and Legal

Street Number: 2731
Street Name: FLORADALE
Street Suffix: Drive
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Floradale

Status Change Information

Major Change Timestamp: 2026-10-28T18:06:42Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-28T18:06:42Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: TRINITY REAL ESTATE III LLC

Last Updated: October - 28 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare