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.

32 11th Street W, Jacksonville, FL 32206 (MLS# 743415)

32 11th Street W, Jacksonville, FL 32206

$15,101

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,171 Status: Closed

Current Price: $15,101 List Date: 11/19/2014 Last Modified: 10/23/2026

Overview

Description

Don't miss this amazingly affordable opportunity to own in Historic Springfield! This three bedroom, one bathroom home features a spacious living room, separate dining room, large kitchen, and front porch. Property is being sold subject to HUD Guidelines 24 CFR 206.125.

Listing Details MLS# 743415

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1171
Living Area Source: Public Records
Year Built: 1919
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Downtown take MLK Jr Pkwy to Main St N and head South. Turn right onto W 11th St. Home is on the left.
Public Remarks: Don't miss this amazingly affordable opportunity to own in Historic Springfield! This three bedroom, one bathroom home features a spacious living room, separate dining room, large kitchen, and front porch. Property is being sold subject to HUD Guidelines 24 CFR 206.125.
List Price/SqFt: 9.39
Sold Price/SqFt: 12.9

Property Features

Approx Parcel Size: Less than .25 Acre Utilities: Other Cooling: Other Heating: Other Pool Features: None Parking Features: Other Lot Features: Historic Area Current Use: Residential

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-10-29

Location Tax and Legal

Street Number: 32
Street Name: 11th
Street Suffix: Street
Street Direction Suffix: W
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 072-Springfield
Subdivision Name: Springfield

Status Change Information

Major Change Timestamp: 2015-01-02T20:06:43Z
Major Change Type: Status Change
Purchase Contract Date: 2014-11-26
Close Date: 2014-12-23
Close Price: 15101

Historical Information

Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, See ShowingAssist

More Information

Documents

Settlement Fee Disclosure ›

HUD Guidelines 24 CFR 206.125 ›

Buyer Disclosure Form ›

General Contract Addendum ›

Lead Paint Disclosure ›

Offer Preparation Tips ›

Owner Occupancy Certification ›

Real Estate Purchase Addendum ›

Multiple Offer Notice ›

Listing Office: CORE REALTY, LLC

Last Updated: October - 23 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

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.