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.

277 E 46TH Street, Jacksonville, FL 32208 (MLS# 2168913)

277 E 46TH Street, Jacksonville, FL 32208

$89,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,200 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $89,900 List Date: 10/12/2026 Last Modified: 11/03/2026

Overview

Description

Opportunity awaits with this 3-bedroom, 1-bathroom home offering approximately 1,200 sq. ft. of living space. Built in 1956, the property features wood flooring, a concrete foundation, central HVAC approximately 5 years old, and a roof approximately 2 years old. The driveway has been recently redone, and a new shed provides additional storage. Two windows may need upgrading. Vacant for the past few months, this property offers potential for investors or buyers looking to make it their own.

Listing Details MLS# 2168913

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1200
Living Area Source: Public Records
Year Built: 1942
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From Downtown Jacksonville, head north on Main Street. Turn right onto E 44th Street, then left onto Liberty Street. Turn right onto E 46th Street. The property at 277 E 46th St will be on the right.
Public Remarks: Opportunity awaits with this 3-bedroom, 1-bathroom home offering approximately 1,200 sq. ft. of living space. Built in 1956, the property features wood flooring, a concrete foundation, central HVAC approximately 5 years old, and a roof approximately 2 years old. The driveway has been recently redone, and a new shed provides additional storage. Two windows may need upgrading. Vacant for the past few months, this property offers potential for investors or buyers looking to make it their own.
List Price/SqFt: 74.92

Property Features

Architectural Style: Ranch Levels: Multi/Split Property Condition: Updated/Remodeled Appliances: Other Interior Features: Other Flooring: Wood Utilities: Other Cooling: Central Air Heating: Central Water Source: Public Parking Features: Assigned Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-12

Location Tax and Legal

Street Number: 277
Street Direction Prefix: E
Street Name: 46TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Edmondsons Main Est

Status Change Information

Major Change Timestamp: 2026-11-03T21:02:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T21:02:52Z

DPR Eligible

DPR Eligible: Yes

More Information

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width
Primary Bedroom	Main	12.00	12.00
Bedroom 2	Main	10.00	10.00
Bedroom 3	Main	10.00	10.00
Kitchen	Main	14.00	15.00
Living Room	Main	15.00	15.00

Listing Office: JOSEPH WALTER REALTY LLC

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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