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.

2897 POST Street, Jacksonville, FL 32205 (MLS# 2135879)

2897 POST Street, Jacksonville, FL 32205

$175,000

Image has been altered to remove Machine.

Property Type: Land Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $175,000 List Date: 3/20/2026 Last Modified: 10/26/2026

Overview

Description

Cleared and build-ready vacant lot located in the highly desirable Riverside area. This corner parcel presents an excellent opportunity for buyers, builders, or investors to create a custom residence or explore development potential. The lot size may accommodate two attached units (duplex/townhome style on one title) or a spacious single-family home, subject to zoning, historic guidelines, and local approvals. Surrounded by a blend of historic charm and newer construction, this property offers flexibility while being positioned in one of Jacksonville's most sought-after neighborhoods. Enjoy convenient access to nearby coffee shops, restaurants, and shopping along King Street and Park Street, with the Riverside Arts Market and Northbank Riverwalk just a short distance away. Whether you're planning to build your dream home or pursue a development opportunity, this property offers strong potential in a prime location.

Listing Details MLS# 2135879

General Property Information

Lot Size Acres: 0.17
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: From I-10: Take Exit 361 for Stockton St → head south → turn right on Post St → property is on the right. From I-95: Take I-10 West → Exit 361 (Stockton St) → south on Stockton → right on Post St → property on right. From Roosevelt Blvd (US-17): Turn onto Post St heading east → continue toward Riverside → property on left.
Public Remarks: Cleared and build-ready vacant lot located in the highly desirable Riverside area. This corner parcel presents an excellent opportunity for buyers, builders, or investors to create a custom residence or explore development potential. The lot size may accommodate two attached units (duplex/townhome style on one title) or a spacious single-family home, subject to zoning, historic guidelines, and local approvals. Surrounded by a blend of historic charm and newer construction, this property offers flexibility while being positioned in one of Jacksonville's most sought-after neighborhoods. Enjoy convenient access to nearby coffee shops, restaurants, and shopping along King Street and Park Street, with the Riverside Arts Market and Northbank Riverwalk just a short distance away. Whether you're planning to build your dream home or pursue a development opportunity, this property offers strong potential in a prime location.
List Price/Acre: 1175882.35
Sold Price/Acre: 1029411.76

Property Features

Current Use: Residential; Single Family; Unimproved Lot Features: Corner Lot Sewer: Unknown Utilities: Other Water Source: Public Road Surface Type: Asphalt Road Frontage Type: City Street Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Possession: Close Of Escrow; Negotiable Development Status: Completed; Other Contingency Reason: Other

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-03-19

Location Tax and Legal

Street Number: 2897
Street Name: POST
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 031-Riverside
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2026-10-26T13:45:37Z
Major Change Type: Status Change
Price Change Timestamp: 2026-07-28T22:09:37Z
Purchase Contract Date: 2026-09-04
Close Date: 2026-09-30
Close Price: 175000

More Information

Listing Office: CRYSTAL CLEAR REALTY, LLC

Last Updated: October - 26 - 2026

Broker Attribution: [email protected]

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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