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.

3469 Cabbage Palm Avenue, Melbourne, FL 32901 (MLS# 1088121)

3469 Cabbage Palm Avenue, Melbourne, FL 32901

$2,100

Virtual Tour

https://www.virtualtourcafe.com/mls/10011616

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,585 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $2,100 List Date: 9/21/2026 Last Modified: 11/15/2026

Overview

Description

Centrally located nested in highly sought-after family neighborhood featuring open concept on 3 bedrooms and 2 full baths split floor plan with formal dining room, living and family room. New roof and neutral color interior/exterior paint matching large floor tiles, and new carpet in all bedrooms. Bright and cozy family residence, 15 minutes to river and beach. 10 minutes to Grumman & Harris.

Listing Details MLS# 1088121

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1585
Living Area Source: Public Records
Year Built: 1986
Lot Size Acres: 0.17
Association YN: Yes
Association Fee: 188
Association Fee Frequency: Annually
Association Name: BEL AIRE PALMS
Accessibility Features 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 Total: Yes
Senior Community YN: No
Direction Faces: West
List Price/SqFt: 1.32

Property Features

Additional Lease Terms: 12 Months Owner Pays: Grounds Care; Taxes Levels: One Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Refrigerator Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Kitchen Island; Open Floorplan; Primary Bathroom - Tub with Shower; Skylight(s); Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Electric Dryer Hookup Patio And Porch Features: Porch; Screened Water Source: Public Parking Features: Garage Sewer: Public Sewer Fencing: Fenced Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-09-21
Lease Term: 12 Months
Availability Date: 2026-09-21
RentSpree Screening: No

Location Tax and Legal

Street Number: 3469
Street Name: Cabbage Palm
Street Suffix: Avenue
State: FL
County: Brevard
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Bel Aire Palms

Status Change Information

Major Change Timestamp: 2026-11-09T17:54:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-09T17:54:16Z

Historical Information

Public Historical Remarks 2: Interior Feature-Formal Living Room: Y, Interior Feature-Formal Dining Room: Y, Exterior Features-Enclosed: Y
Public Historical Remarks 3: Contact: List Agent, Floor: Laminate,Tile,Carpet, Construction: Concrete Block, Exterior Finish: Painted,Stucco

More Information

Location, Tax, and Legal

Tax Account: 2823543
General County Location: South

Legal Details

Permission to Advertise: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Call Listing Office: Yes
Showing Service: Yes

Documents

Rental Application ›

Rental Docs ›

Listing Office: Red 275

Last Updated: November - 15 - 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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