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.

2971 ROSSELLE Street, Jacksonville, FL 32205 (MLS# 2169592)

2971 ROSSELLE Street, Jacksonville, FL 32205

$185,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,189 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $185,000 List Date: 10/16/2026 Last Modified: 10/28/2026

Overview

Description

Quaint bungalow in quiet, established Murray Hill neighborhood! Minutes to I-10, shops and dining! This unique home has all the charm of yesteryear and plenty of modern updates. Enjoy the lovely front porch overlooking tree lined street and a low maintenance yard. The large garage in the back needs a new roof, but offers plenty of potential for storage or a workshop. Don't miss this great value!

Listing Details MLS# 2169592

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1189
Living Area Source: Public Records
Year Built: 1936
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: McDuff Ave to Rosselle Street
Public Remarks: Quaint bungalow in quiet, established Murray Hill neighborhood! Minutes to I-10, shops and dining! This unique home has all the charm of yesteryear and plenty of modern updates. Enjoy the lovely front porch overlooking tree lined street and a low maintenance yard. The large garage in the back needs a new roof, but offers plenty of potential for storage or a workshop. Don't miss this great value!
List Price/SqFt: 155.59

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Electric Oven; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s) Flooring: Carpet; Laminate; Tile Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame Patio And Porch Features: Front Porch Roof: Metal Parking Features: Garage Lot Features: Few Trees View: Trees/Woods Current Use: Single Family Community Features: Sidewalks; Street Lights Road Frontage Type: City Street Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-16

Location Tax and Legal

Street Number: 2971
Street Name: ROSSELLE
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 051-Murray Hill
Subdivision Name: Gillen

Status Change Information

Major Change Timestamp: 2026-10-28T20:01:26Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-28T20:01:26Z

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Documents

Property Disclosures ›

lead ›

SS Rider ›

Flood ›

Listing Office: REID REAL ESTATE GROUP, LLC

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.

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