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.

2822 FLANDERS Street, Jacksonville, FL 32206 (MLS# 2145700)

2822 FLANDERS Street, Jacksonville, FL 32206

$138,500

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,133 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $138,500 List Date: 5/16/2026 Last Modified: 10/23/2026

Overview

Description

SELLER PAID ALL CLOSING COSTS — DOWN PAYMENT ASSISTANCE AVAILABLE Buyer may be able to purchase this home with as little as $500 down, depending on lender qualification with a 585 credit score. Fully renovated 3bedroom home in Jacksonville's growing 32206 community. This moveinready property features a bright, open layout with luxury vinyl flooring throughout (no carpet), fresh interior paint, upgraded fixtures, and an updated bathroom. The kitchen offers modern cabinetry and clean finishes for a functional, refreshed space. Two exterior storage sheds provide additional room for tools, equipment, or personal items. Recent improvements throughout the home support lowmaintenance living and longterm appeal. Located minutes from Downtown Jacksonville, UF Health, major highways, and active neighborhood redevelopment, this home offers excellent access to amenities and future growth. A strong option for buyers seeking a fully updated, turnkey property.

Listing Details MLS# 2145700

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1133
Living Area Source: Appraiser
Building Area Total: 1133
Year Built: 1947
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.09
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
Senior Community YN: No
Direction Faces: East
Directions: From Martin Luther King Jr. Parkway, take the exit for Boulevard and turn right. Continue straight to 17th Street, turn right, then follow 17th Street to Flanders Street. Turn left -- the home (2822 Flanders St) will be on your right.
Public Remarks: SELLER PAID ALL CLOSING COSTS — DOWN PAYMENT ASSISTANCE AVAILABLE Buyer may be able to purchase this home with as little as $500 down, depending on lender qualification with a 585 credit score. Fully renovated 3bedroom home in Jacksonville's growing 32206 community. This moveinready property features a bright, open layout with luxury vinyl flooring throughout (no carpet), fresh interior paint, upgraded fixtures, and an updated bathroom. The kitchen offers modern cabinetry and clean finishes for a functional, refreshed space. Two exterior storage sheds provide additional room for tools, equipment, or personal items. Recent improvements throughout the home support lowmaintenance living and longterm appeal. Located minutes from Downtown Jacksonville, UF Health, major highways, and active neighborhood redevelopment, this home offers excellent access to amenities and future growth. A strong option for buyers seeking a fully updated, turnkey property.
List Price/SqFt: 122.24

Property Features

Architectural Style: Ranch Appliances: Electric Range; Electric Water Heater Utilities: Sewer Connected; Water Connected Cooling: Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Parking Features: Carport Current Use: Investment; Residential Road Frontage Type: City Street Road Surface Type: Asphalt; Paved 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: 2026-05-16

Location Tax and Legal

Street Number: 2822
Street Name: FLANDERS
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 076-Downtown Jacksonville-Eastside
Subdivision Name: Adams S/d

Status Change Information

Major Change Timestamp: 2026-10-23T15:13:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-23T15:13:35Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: GAULDEN ONE WORLD REALTY

Last Updated: October - 23 - 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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