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.

2846 W 8TH Street, Jacksonville, FL 32254 (MLS# 2171494)

2846 W 8TH Street, Jacksonville, FL 32254

$120,000

28_0e2b9b91-14c2-4ad2-9f9a-c739c700e35d.

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 929 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $120,000 List Date: 10/29/2026 Last Modified: 10/30/2026

Overview

Description

Updated 3-bedroom, 1-bath home with no HOA! Natural light, neutral colors, and wood-look flooring create a welcoming space that's easy to make your own. Updated kitchen and bathroom! Home features a covered carport and fully fenced front and backyard. The layout keeps upkeep manageable without sacrificing a separate space for work or guests. Whether you're buying your first home or looking for your next investment this home deserves a look. Schedule your showing today!

Listing Details MLS# 2171494

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 929
Living Area Source: Assessor
Year Built: 1962
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.2
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: North
Directions: From 295 take Commonwealth Ave exit heading E. Left on Huron St. Left on 8th St. Home is on the left.
Public Remarks: Updated 3-bedroom, 1-bath home with no HOA! Natural light, neutral colors, and wood-look flooring create a welcoming space that's easy to make your own. Updated kitchen and bathroom! Home features a covered carport and fully fenced front and backyard. The layout keeps upkeep manageable without sacrificing a separate space for work or guests. Whether you're buying your first home or looking for your next investment this home deserves a look. Schedule your showing today!
List Price/SqFt: 129.17

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Electric Range; Refrigerator Interior Features: Ceiling Fan(s); Open Floorplan Flooring: Carpet; Luxury Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Block Other Structures: Shed(s) Roof: Membrane Parking Features: Attached Carport; Gated Fencing: Back Yard; Chain Link; Fenced; Full Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt 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: 2026-10-29

Location Tax and Legal

Street Number: 2846
Street Direction Prefix: W
Street Name: 8TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32254
MLS Area Major: 074-Paxon
Subdivision Name: Melsons Addn To Jacksonville

Status Change Information

Major Change Timestamp: 2026-10-29T20:54:16Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Buyer Acknowledgement ›

Listing Office: MOMENTUM REALTY

Last Updated: October - 30 - 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