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.

3591 KERNAN Boulevard S 524, Jacksonville, FL 32224 (MLS# 2162572)

3591 KERNAN Boulevard S 524, Jacksonville, FL 32224

$159,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,200 Lot Size (sq. ft.): 436 Status: Active

Current Price: $159,000 List Date: 10/02/2026 Last Modified: 10/26/2026

Overview

Description

Refreshed & Ideally Located! Welcome to this bright, spacious third-floor condo in the gated Avanti community, freshly updated and ready for its next owner. The unit has been newly painted, a window repaired, and the property thoroughly cleaned. Just minutes from the University of North Florida (UNF), Florida State College at Jacksonville (FSCJ), and Mayo Clinic, it's an ideal fit for students, faculty, medical professionals, or anyone wanting an easy commute. Inside, you'll find a desirable split-bedroom floor plan with an open-concept living and kitchen area filled with natural light. The fresh, well-maintained interior features a combination of carpet and tile flooring, stainless steel kitchen appliances, a new dishwasher, and an updated second bathroom. The HVAC was replaced in 2025, a new water heater was installed 10/2026, and the in-unit washer and dryer add everyday convenience. The private bedroom layout provides comfortable separation between living spaces.

Supplements: Enjoy the convenience of Avanti's community amenities, including a community pool, clubhouse, car wash area, gated entry, maintenance of the grounds, on-site part-time management, and trash service. The condo also includes a dedicated parking space and garage #208. With its move-in-ready condition, gated community, desirable amenities, and excellen ... (Read more)

Listing Details MLS# 2162572

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1200
Living Area Source: Assessor
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 483
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 3
Entry Level: 3
Senior Community YN: No
Directions: Heading north on Kernan Blvd from JTB, take a right into Avanti Community, before Beach Blvd. Follow entrance road to building 5 on the left approx. 1/4 mile
Public Remarks: Refreshed & Ideally Located! Welcome to this bright, spacious third-floor condo in the gated Avanti community, freshly updated and ready for its next owner. The unit has been newly painted, a window repaired, and the property thoroughly cleaned. Just minutes from the University of North Florida (UNF), Florida State College at Jacksonville (FSCJ), and Mayo Clinic, it's an ideal fit for students, faculty, medical professionals, or anyone wanting an easy commute. Inside, you'll find a desirable split-bedroom floor plan with an open-concept living and kitchen area filled with natural light. The fresh, well-maintained interior features a combination of carpet and tile flooring, stainless steel kitchen appliances, a new dishwasher, and an updated second bathroom. The HVAC was replaced in 2025, a new water heater was installed 10/2026, and the in-unit washer and dryer add everyday convenience. The private bedroom layout provides comfortable separation between living spaces.
List Price/SqFt: 132.5

Property Features

Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Primary Bathroom - Tub with Shower; Split Bedrooms Flooring: Carpet; Laminate; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Not Available; Sewer Connected; Water Connected Cooling: Electric Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Smoke Detector Security Features: Security Gate; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Covered; Rear Porch; Screened Parking Features: Assigned; Detached; Garage Current Use: Residential Association Amenities: Barbecue; Car Wash Area; Clubhouse; Community Pool; Fitness Center; Gated; Maintenance Grounds; Maintenance Structure; Management - Full Time; Spa/Hot Tub; Trash; Water Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pest Control; Trash; Water Community Features: Gated; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional