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.

2936 JERRY Lane, Jacksonville, FL 32218 (MLS# 2154213)

2936 JERRY Lane, Jacksonville, FL 32218

New Listing

$400,000

Property Type: Commercial Sale Baths: 2 Square Footage: 2,400 Lot Size (sq. ft.): 20,038 Status: Active

Current Price: $400,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Exceptional commercial opportunity with endless potential! This versatile concrete block building offers approximately 2,400 square feet situated on a nearly ½-acre lot and is zoned CCG-2 (Community/General Commercial), allowing for a wide variety of commercial uses. Formerly operated as a funeral home, the property features multiple private rooms, two restrooms, central heat and air, and a flexible floor plan that can easily accommodate a variety of business operations. Ideal for: Funeral Home or Memorial Services; Medical or Dental Office; Professional Office; Counseling or Therapy Center; Church or Ministry; Daycare or Community Center; Retail, Service, or Specialty Business Conveniently located in North Jacksonville with excellent accessibility and outstanding redevelopment potential. Whether you're looking to occupy the property or invest in a flexible commercial asset, this property presents an exceptional opportunity.

Listing Details MLS# 2154213

General Property Information

Number Of Units Total: Yes
Bathrooms Total: 2
Building Area Total: 2400
Accessibility Features YN: Yes
Year Built: 1965
Lot Size Acres: 0.46
Waterfront YN: No
Stories Total: Yes
Directions: FROM I95N TO LEM TURNER (R) onto Lem Turner; Once cross the Trout River bridge(L) on Jerry Lane.
Public Remarks: Exceptional commercial opportunity with endless potential! This versatile concrete block building offers approximately 2,400 square feet situated on a nearly ½-acre lot and is zoned CCG-2 (Community/General Commercial), allowing for a wide variety of commercial uses. Formerly operated as a funeral home, the property features multiple private rooms, two restrooms, central heat and air, and a flexible floor plan that can easily accommodate a variety of business operations. Ideal for: Funeral Home or Memorial Services; Medical or Dental Office; Professional Office; Counseling or Therapy Center; Church or Ministry; Daycare or Community Center; Retail, Service, or Specialty Business Conveniently located in North Jacksonville with excellent accessibility and outstanding redevelopment potential. Whether you're looking to occupy the property or invest in a flexible commercial asset, this property presents an exceptional opportunity.
List Price/SqFt: 166.67

Property Features

Accessibility Features: Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s) Building Features: Rear Access Business Type: Accounting; Animal Grooming; Child Care; Church; Medical; Professional/Office; Real Estate; Other Construction Materials: Block Cooling: Central Air Current Use: Commercial Flooring: Carpet; Vinyl Heating: Central Listing Terms: Cash; Conventional Lot Features: Other Owner Pays: All Utilities; Exterior Maintenance; Grounds Care; Taxes Parking Features: Additional Parking; Off Street Possession: Close Of Escrow Road Frontage Type: City Street Roof: Shingle Sale Includes: Building & Land Security Features: 24 Hour Security; Security System Owned; Smoke Detector(s) Sewer: Septic Tank Utilities: Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-07-07
Property Sub Type: Business

Location Tax and Legal

Street Number: 2936
Street Name: JERRY
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32218
Subdivision Name: Trout River
MLS Area Major: 091-Garden City/Airport

Status Change Information

Major Change Timestamp: 2026-11-04T17:24:35Z
Major Change Type: Back on Market

Unit 1 Details

Unit ID: 2936
Unit SqFt: 2400
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Zone CCG-2

More Information

Listing Office: MIDTOWNE REALTY GROUP INC

Last Updated: November - 04 - 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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