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.

3353 ERNEST Street, Jacksonville, FL 32205 (MLS# 2166154)

3353 ERNEST Street, Jacksonville, FL 32205

$1,395

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,188 Status: Active

Current Price: $1,395 List Date: 9/23/2026 Last Modified: 11/03/2026

Overview

Description

Concrete block home on city bus route with bus stop at the corner. Front and rear small porches, central air, carpet, ceiling fans, bonus room in rear - could be bedroom. Workshop located in the back Resident Amenity Package $25 monthly.

Listing Details MLS# 2166154

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1188
Living Area Source: Public Records
Year Built: 1949
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: I-10 south on Mcduff turn on Ernest st
Public Remarks: Concrete block home on city bus route with bus stop at the corner. Front and rear small porches, central air, carpet, ceiling fans, bonus room in rear - could be bedroom. Workshop located in the back Resident Amenity Package $25 monthly.
List Price/SqFt: 1.17

Property Features

Additional Lease Terms: 12 Months Architectural Style: Ranch Appliances: Electric Range; Refrigerator Interior Features: Eat-in Kitchen; Primary Bathroom - Shower No Tub Patio And Porch Features: Front Porch; Patio Water Source: Public Parking Features: Off Street Security Features: Smoke Detector(s) Fencing: Chain Link Utilities: Electricity Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities Pets Allowed: Yes; Breed Restrictions; Size Limit; Number Limit Room Types: Utility Room

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-09-23
Lease Term: 12 Months
Availability Date: 2026-10-01

Location Tax and Legal

Street Number: 3353
Street Name: ERNEST
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32205
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill

Status Change Information

Major Change Timestamp: 2026-11-03T18:40:18Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T18:40:18Z

Deposits and Fees

Additional Fee: 230
Application Fee: 90
Pet Fee/Deposit: 125
Security Deposit: 1475

More Information

Pets Allowed

Maximum Weight Allowed: 50

Room Information

Room Name
Utility Room

Documents

How to Apply ›

Listing Office: FPM PROPERTIES

Last Updated: November - 03 - 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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