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.

4402 OLD SALISBURY Road, Jacksonville, FL 32216 (MLS# 2155224)

4402 OLD SALISBURY Road, Jacksonville, FL 32216

$600,000

Property Type: Commercial Sale Square Footage: 3,000 Lot Size (sq. ft.): 47,916 Status: Active

Current Price: $600,000 List Date: 7/14/2026 Last Modified: 10/27/2026

Overview

Description

Exceptional commercial redevelopment opportunity on Jacksonville's Southside. Situated on approximately 1.1 acres along the I-95 corridor, this property features a 3,000-square-foot freestanding building, expansive paved parking, and CCG-1 commercial zoning. The site offers excellent highway visibility and convenient access to major transportation routes, making it an opportunity for commercial real estate investors, developers, and owner-users exploring medical office, professional office, retail, or other permitted commercial uses. The existing building requires substantial rehabilitation and is being sold as-is, presenting an opportunity to evaluate redevelopment or renovation potential in a well-connected Jacksonville location.

Listing Details MLS# 2155224

General Property Information

Building Area Total: 3000
Year Built: 1975
Lot Size Acres: 1.1
Land Lease YN: No
Association YN: No
Waterfront YN: Yes
Stories Total: Yes
Directions: From Downtown Jacksonville, take I-95 south. Take exit 346A / University W. Take a right on Spring Park, a left on Bowden, a right on Southpoint and a right on Old Salisbury Rd.
Public Remarks: Exceptional commercial redevelopment opportunity on Jacksonville's Southside. Situated on approximately 1.1 acres along the I-95 corridor, this property features a 3,000-square-foot freestanding building, expansive paved parking, and CCG-1 commercial zoning. The site offers excellent highway visibility and convenient access to major transportation routes, making it an opportunity for commercial real estate investors, developers, and owner-users exploring medical office, professional office, retail, or other permitted commercial uses. The existing building requires substantial rehabilitation and is being sold as-is, presenting an opportunity to evaluate redevelopment or renovation potential in a well-connected Jacksonville location.
List Price/SqFt: 200

Property Features

Construction Materials: Concrete; Other Cooling: Central Air Current Use: Commercial Listing Terms: Cash; Conventional Location: Central Business District Lot Features: Uplands Owner Pays: All Utilities Parking Features: Parking Lot Possession: Close Of Escrow Sale Includes: Building & Land Sewer: Septic Tank Water Source: Public

Contract Information

Listing Contract Date: 2026-07-14
Property Sub Type: Office

Location Tax and Legal

Street Number: 4402
Street Name: OLD SALISBURY
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32216
Subdivision Name: Southside Farms
MLS Area Major: 022-Grove Park/Sans Souci

Status Change Information

Major Change Timestamp: 2026-08-17T14:06:21Z
Major Change Type: Status Change

Building Features

Building Class: C

More Information

Documents

Flyer ›

Listing Office: KELLER WILLIAMS ST JOHNS

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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