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.

312 W 25 Street, Jacksonville, FL 32206 (MLS# 2166178)

312 W 25 Street, Jacksonville, FL 32206

$224,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,340 Status: Active

Current Price: $224,900 List Date: 10/02/2026 Last Modified: 10/25/2026

Overview

Description

Beautifully renovated 3-bedroom, 2-bath home in Jacksonville's historic Eastside! This updated home offers modern finishes throughout while maintaining plenty of charm. Features include luxury waterproof vinyl plank flooring throughout, two newly renovated bathrooms with porcelain tile and custom mosaic tile accents, and an inviting living room with an electric fireplace. Enjoy outdoor living in the spacious fenced-in backyard, complete with a large storage shed. The large covered front porch provides the perfect space to relax and enjoy the neighborhood. Move-in ready and conveniently located in Jacksonville's historic Eastside.

Listing Details MLS# 2166178

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1340
Living Area Source: Public Records
Year Built: 1924
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
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: From US-1 ALT N/Martin Luther King Jr Pkwy, Take the exit toward Pearl St, Keep right to continue toward N Pearl St, Keep right to continue toward N Pearl St, Turn left onto W 25th Destination on Left
Public Remarks: Beautifully renovated 3-bedroom, 2-bath home in Jacksonville's historic Eastside! This updated home offers modern finishes throughout while maintaining plenty of charm. Features include luxury waterproof vinyl plank flooring throughout, two newly renovated bathrooms with porcelain tile and custom mosaic tile accents, and an inviting living room with an electric fireplace. Enjoy outdoor living in the spacious fenced-in backyard, complete with a large storage shed. The large covered front porch provides the perfect space to relax and enjoy the neighborhood. Move-in ready and conveniently located in Jacksonville's historic Eastside.
List Price/SqFt: 167.84

Property Features

Appliances: Dishwasher; Electric Cooktop; Microwave; Refrigerator Utilities: Cable Available; Sewer Available Cooling: Central Air Heating: Central Water Source: Public Parking Features: Off Street Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-23

Location Tax and Legal

Street Number: 312
Street Direction Prefix: W
Street Name: 25
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Springfield Nw Port

Status Change Information

Major Change Timestamp: 2026-10-02T07:15:56Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Listing Office: RED PHOENIX REALTY, LLC

Last Updated: October - 25 - 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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