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.

428 7 TH Avenue N 2ND FL, Jacksonville Beach, FL 32250 (MLS# 2172273)

428 7 TH Avenue N 2ND FL, Jacksonville Beach, FL 32250

New Listing

$1,750

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 868 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,750 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

What a Great Location - just blocks to the beach, restaurants, beach festivals! House has two units - second floor is available now. 2 BR with hardwood floors, fresh paint. Nice sized BRs and closets. (Does not have d/w but has a shared w/d) Park in front of the building.

Listing Details MLS# 2172273

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 868
Living Area Source: Assessor
Year Built: 1947
Lot Size Acres: 0.14
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Direction Faces: North
Directions: From Beach Blvd, left (North) on 3rd St N, to left West) on 7th Ave N. Home is 1 1/2 blocks on your left.
Public Remarks: What a Great Location - just blocks to the beach, restaurants, beach festivals! House has two units - second floor is available now. 2 BR with hardwood floors, fresh paint. Nice sized BRs and closets. (Does not have d/w but has a shared w/d) Park in front of the building.
List Price/SqFt: 2.02

Property Features

Additional Lease Terms: 12 Months Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance Appliances: Electric Range; Refrigerator Interior Features: Ceiling Fan(s) Water Source: Public Parking Features: Off Street Sewer: Public Sewer Utilities: Cable Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities; Cable TV; Trash Collection Pets Allowed: No

Contract Information

Rental Service: Other
Rental Application URL: https://apply.link/PVYAyzo
RentEdge Syndication Y/N: Yes
Property Sub Type: Duplex
Property Attached YN: Yes
Listing Contract Date: 2026-11-04
Lease Term: 12 Months
Availability Date: 2024-11-05

Location Tax and Legal

Street Number: 428
Street Name: 7 TH
Street Suffix: Avenue
Street Direction Suffix: N
State: FL
County: Duval
Postal Code: 32250
MLS Area Major: 213-Jacksonville Beach-NW
Subdivision Name: Pablo Beach North

Status Change Information

Major Change Timestamp: 2026-11-04T18:03:58Z
Major Change Type: New Listing

Deposits and Fees

Application Fee: 49.99
Security Deposit: 1750
Terms of Payment: first of month

More Information

Listing Office: ALL SOUTH REALTY, INC.

Last Updated: November - 04 - 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.