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.

3900 DUPONT Circle, Jacksonville, FL 32205 (MLS# 2170535)

3900 DUPONT Circle, Jacksonville, FL 32205

$425,000

Property Type: Land Lot Size (sq. ft.): 17,860 Status: Active

Current Price: $425,000 List Date: 10/23/2026 Last Modified: 10/23/2026

Overview

Description

Great opportunity to build your dream house on the water! The lot backs to Little Fishwier Creek steps away from Saint Johns River. Close to parks, restaurants and in one of the most dynamics areas of town. There are very few opportunities to build a new home in the historic areas of Jacksonville. Lot has bulk head and small boat slip. Property is 0.4 Acres (80' x 225' approximate).

Listing Details MLS# 2170535

General Property Information

Lot Size Acres: 0.41
Lot Size Dimensions: 80x225
CDD Fee YN: No
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 84
Senior Community YN: No
Directions: From the Avondale shops, go South on St Johns Ave. Make a left on Glendale St and a right on Dupont Cir. Lot on left side.
Public Remarks: Great opportunity to build your dream house on the water! The lot backs to Little Fishwier Creek steps away from Saint Johns River. Close to parks, restaurants and in one of the most dynamics areas of town. There are very few opportunities to build a new home in the historic areas of Jacksonville. Lot has bulk head and small boat slip. Property is 0.4 Acres (80' x 225' approximate).
List Price/Acre: 1036585.37

Property Features

Current Use: Residential Lot Features: Cleared; Historic Area Fencing: Back Yard Utilities: Sewer Available; Water Available View: Canal; Creek/Stream; River Waterfront Features: Canal Front; Creek; River Access Road Surface Type: Asphalt Road Frontage Type: City Street Listing Terms: Cash; Conventional; FHA Possession: Close Of Escrow

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-10-22

Location Tax and Legal

Street Number: 3900
Street Name: DUPONT
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 032-Avondale
Subdivision Name: Arden

Status Change Information

Major Change Timestamp: 2026-10-23T00:39:33Z
Major Change Type: New Listing

More Information

Listing Office: WHOLESALE REALTY LLC

Last Updated: October - 23 - 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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