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.

2825 LOWELL Avenue, Jacksonville, FL 32254 (MLS# 2171206)

2825 LOWELL Avenue, Jacksonville, FL 32254

$84,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 960 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $84,000 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

Short Sale, subject to lender approval. 2bed 1 bth home with a great layout. Home has separate dining room, front florida room, oversized living room, and 2 spacious bedrooms. Great investment opportunity.

Listing Details MLS# 2171206

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 960
Living Area Source: Public Records
Year Built: 1946
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.13
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: West on Beaver to Right on Huron to left on Lowell to Home on right.
Public Remarks: Short Sale, subject to lender approval. 2bed 1 bth home with a great layout. Home has separate dining room, front florida room, oversized living room, and 2 spacious bedrooms. Great investment opportunity.
List Price/SqFt: 87.5

Property Features

Appliances: Electric Oven; Refrigerator Utilities: Electricity Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Parking Features: Additional Parking Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-28

Location Tax and Legal

Street Number: 2825
Street Name: LOWELL
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32254
MLS Area Major: 074-Paxon
Subdivision Name: Woodstock

Status Change Information

Major Change Timestamp: 2026-10-28T14:23:57Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Short Sale Approval Disc ›

Listing Office: MOMENTUM REALTY

Last Updated: October - 28 - 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.