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.

3624 MYRA Street, Jacksonville, FL 32205 (MLS# 2169699)

3624 MYRA Street, Jacksonville, FL 32205

$169,900

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 771 Lot Size (sq. ft.): 4,792 Status: Pending

Current Price: $169,900 List Date: 10/17/2026 Last Modified: 10/27/2026

Overview

Description

Murray Hill 1940's 2 bedroom, 1 bath bungalow with so much to offer! Screened front porch, living room with fireplace, separate dining room, updated kitchen with refrigerator, range, microwave and dishwasher, updated bath with tub/shower combo and linen closet, washer/dryer included, fenced back yard with patio. Gorgeous hardwood floors! Great location in popular Murray Hill near Edgewood Avenue shops, restaurants, and entertainment. This home has a lucrative 17-year mid-term rental income track record.

Listing Details MLS# 2169699

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 771
Living Area Source: Assessor
Year Built: 1941
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From I-10, take Cassat Avenue South to Post Street. Turn left on Post, left on Melba, then right on Myra to house on right.
Public Remarks: Murray Hill 1940's 2 bedroom, 1 bath bungalow with so much to offer! Screened front porch, living room with fireplace, separate dining room, updated kitchen with refrigerator, range, microwave and dishwasher, updated bath with tub/shower combo and linen closet, washer/dryer included, fenced back yard with patio. Gorgeous hardwood floors! Great location in popular Murray Hill near Edgewood Avenue shops, restaurants, and entertainment. This home has a lucrative 17-year mid-term rental income track record.
List Price/SqFt: 220.36

Property Features

Levels: One Rental Restrictions: No Minimum Appliances: Dryer; Electric Range; Refrigerator; Washer Interior Features: Primary Bathroom - Tub with Shower; Primary Downstairs Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Patio And Porch Features: Front Porch; Screened Parking Features: Off Street Fencing: Back Yard Current Use: Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-16

Location Tax and Legal

Street Number: 3624
Street Name: MYRA
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill

Status Change Information

Major Change Timestamp: 2026-10-27T12:29:35Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-27

DPR Eligible

DPR Eligible: No

More Information

Documents

Flood Disclosure ›

Seller's Disclosure ›

Lead Based Paint Disclosure ›

Survey ›

Listing Office: TRADITIONS REALTY LLC

Last Updated: October - 27 - 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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