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.

2755 GREEN BAY Lane, Jacksonville, FL 32207 (MLS# 2171604)

2755 GREEN BAY Lane, Jacksonville, FL 32207

New Listing

$699,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 3,123 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $699,900 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Opportunity awaits in the heart of San Marco. Set on an oversized lot along a quiet, tree-lined street, this 1941 bungalow offers a rare choice: restore a classic or build the estate of your dreams. Original character shines throughout, with hardwood floors, a wood-burning fireplace and timeless architectural details ready to be brought back to life. The 3 bedroom / 2 bath split plan features a downstairs primary suite with private bath and walk-in closet, plus two bedrooms upstairs. Out back, an oversized 3-car garage, a true rarity in San Marco, includes a 1 bed / 1 bath apartment above, ideal for guests, a studio or an office. With thoughtful updating, this home can become a charming, cozy retreat. Or take full advantage of the generous lot and create something entirely new. Moments from San Marco Square, with an easy commute downtown, and zoned for A-rated Hendricks Elementary. Bring your vision and your builder.

Listing Details MLS# 2171604

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2051
Living Area Source: Public Records
Building Area Total: 3123
Year Built: 1941
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 0.25
Lot Size Dimensions: 90 X 119
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: 2
Senior Community YN: No
Direction Faces: West
Directions: Take Hendricks South to River Oaks Rd. Turn Right on River Oaks then Left on Green Bay Lane. Home is half way down on the left.
Public Remarks: Opportunity awaits in the heart of San Marco. Set on an oversized lot along a quiet, tree-lined street, this 1941 bungalow offers a rare choice: restore a classic or build the estate of your dreams. Original character shines throughout, with hardwood floors, a wood-burning fireplace and timeless architectural details ready to be brought back to life. The 3 bedroom / 2 bath split plan features a downstairs primary suite with private bath and walk-in closet, plus two bedrooms upstairs. Out back, an oversized 3-car garage, a true rarity in San Marco, includes a 1 bed / 1 bath apartment above, ideal for guests, a studio or an office. With thoughtful updating, this home can become a charming, cozy retreat. Or take full advantage of the generous lot and create something entirely new. Moments from San Marco Square, with an easy commute downtown, and zoned for A-rated Hendricks Elementary. Bring your vision and your builder.
List Price/SqFt: 341.25

Property Features

Levels: Two Property Condition: Fixer Rental Restrictions: 1 Week Appliances: Electric Range Flooring: Tile; Wood Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Other Structures: Shed(s) Exterior Features: Balcony Roof: Shingle Parking Features: Detached; Garage Current Use: Single Family Community Features: Restaurant; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-30

Location Tax and Legal

Street Number: 2755
Street Name: GREEN BAY
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: River Oaks

Status Change Information

Major Change Timestamp: 2026-11-03T17:30:32Z
Major Change Type: New Listing

Accessory Dwelling Information

Dwelling Type: Apartment
ADU Attached Y/N: No
Bathrooms: Yes

More Information

Fireplace Features

Fireplaces Total: Yes

DPR Eligible

DPR Eligible: Yes

Documents

Survey ›

Offer Instructions ›

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: November - 03 - 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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