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 W 11TH, Jacksonville, FL (MLS# 798235)

32 W 11TH, Jacksonville, FL

$135,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,171 Status: Closed

Current Price: $135,500 List Date: 10/23/2015 Last Modified: 10/23/2026

Overview

Description

This delightful little bungalow packs a big punch. The perfect balance of historic charm and modern convenience, this home has been transformed for today's lifestyle. Two large bedrooms, two great baths. Master bath offers a luxurious spa style experience with double headed walk-in shower. Hall bath features beautifully refinished claw foot soaking tub. A modern kitchen with slate flooring, gorgeous restored original hardwood floors, original built-ins, new roof and electric, all fresh paint indoors and out, a large front porch, outbuilding/workshop with electric. Outstanding tile work throughout! Fenced rear yard and off street parking. Affordable living in one of Jacksonville's great Historic neighborhoods. Truly convenient to everything, and completely ready for you. See it today!

Listing Details MLS# 798235

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
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 corner of Main and 11th Street, go West one block.
Public Remarks: This delightful little bungalow packs a big punch. The perfect balance of historic charm and modern convenience, this home has been transformed for today's lifestyle. Two large bedrooms, two great baths. Master bath offers a luxurious spa style experience with double headed walk-in shower. Hall bath features beautifully refinished claw foot soaking tub. A modern kitchen with slate flooring, gorgeous restored original hardwood floors, original built-ins, new roof and electric, all fresh paint indoors and out, a large front porch, outbuilding/workshop with electric. Outstanding tile work throughout! Fenced rear yard and off street parking. Affordable living in one of Jacksonville's great Historic neighborhoods. Truly convenient to everything, and completely ready for you. See it today!
List Price/SqFt: 115.2
Sold Price/SqFt: 115.71

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave Interior Features: Built-in Features; Kitchen Island; Primary Bathroom - Shower No Tub Flooring: Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Natural Gas Available Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Wood Siding Patio And Porch Features: Front Porch; Porch Pool Features: None Roof: Shingle Parking Features: Other Lot Features: Historic Area Fencing: Back Yard Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-10-23

Location Tax and Legal

Street Number: 32
Street Direction Prefix: W
Street Name: 11TH
County: Duval
State: FL
MLS Area Major: 072-Springfield
Subdivision Name: Springfield

Status Change Information

Major Change Timestamp: 2015-12-29T21:34:45Z
Major Change Type: Status Change
Purchase Contract Date: 2015-12-23
Close Date: 2015-12-28
Close Price: 135500

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: City Lot Location: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Back-Ups Accepted, Non-NEFAR Lockbox

Room Information

Room Name
Utility Room

Listing Office: INI REALTY

Last Updated: October - 23 - 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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