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.

365 UNIVERSITY N, Jacksonville, FL 32211 (MLS# 2170994)

365 UNIVERSITY N, Jacksonville, FL 32211

$1,700

Property Type: Residential Lease Bedrooms: 3 Baths: 1 Square Footage: 1,118 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $1,700 List Date: 10/27/2026 Last Modified: 10/27/2026

Overview

Description

Very cute home in Clifton, a charming neighborhood at the crossroads of the Arlington and St. Johns Rivers, close to downtown with easy access to major roadways. Baptist and Memorial hospitals, and Jacksonville University are less than 10 minutes away, or launching your boat at free boat ramp is just 5 minutes away. House features new kitchen renovation with oak cabinets, butcher block countertops, Stainless Steel appliances. and wood flooring. Fenced, and private back yard, includes a brand new concrete patio with plenty of room for a BBQ grill, perfect for relaxation and solitude. One bedroom is attached to master bedroom and would be ideal for office use or a nursery. Single car garage has a workbench, extensive shelf space for storage as well as the washer and dryer hookups. Circular drive helps make pulling on to University Blvd. an easy task. Application Fee of $50 per adult for credit and criminal history check.

Listing Details MLS# 2170994

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1118
Living Area Source: Appraiser
Year Built: 1953
Lot Size Acres: 0.2
Association YN: No
Accessibility Features YN: Yes
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From Atlantic Blvd., turn North on University Blvd. (turn left to stay on Atlantic at bridge). House on right.
Public Remarks: Very cute home in Clifton, a charming neighborhood at the crossroads of the Arlington and St. Johns Rivers, close to downtown with easy access to major roadways. Baptist and Memorial hospitals, and Jacksonville University are less than 10 minutes away, or launching your boat at free boat ramp is just 5 minutes away. House features new kitchen renovation with oak cabinets, butcher block countertops, Stainless Steel appliances. and wood flooring. Fenced, and private back yard, includes a brand new concrete patio with plenty of room for a BBQ grill, perfect for relaxation and solitude. One bedroom is attached to master bedroom and would be ideal for office use or a nursery. Single car garage has a workbench, extensive shelf space for storage as well as the washer and dryer hookups. Circular drive helps make pulling on to University Blvd. an easy task. Application Fee of $50 per adult for credit and criminal history check.
List Price/SqFt: 1.52

Property Features

Appliances: Dishwasher; Electric Range; Ice Maker; Microwave; Refrigerator Water Source: Public Parking Features: Circular Driveway; Garage Door Opener Utilities: Cable Available; Electricity Available; Sewer Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central

Contract Information

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

Location Tax and Legal

Street Number: 365
Street Name: UNIVERSITY
Street Direction Suffix: N
State: FL
County: Duval
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Clifton

Status Change Information

Major Change Timestamp: 2026-10-27T00:38:37Z
Major Change Type: New Listing

Deposits and Fees

Additional Fee: 50
Security Deposit: 1700

More Information

Listing Office: INI REALTY

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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