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.

4560 PALMER Avenue, Jacksonville, FL 32210 (MLS# 1069593)

4560 PALMER Avenue, Jacksonville, FL 32210

$260,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,275 Status: Closed

Current Price: $260,000 List Date: 8/22/2020 Last Modified: 10/23/2026

Overview

Description

Just what you've been looking for! Completely renovated home with detached garage/workshop and renovated 2 bedroom 1 bath apartment above! Ready for move in, the main home is a comfortable 3 bed 2 bath ranch with all new kitchen, flooring, roof, windows, HVAC, electric panel and bathrooms! Pretty quartz countertops plus stainless Samsung appliances, Durable and beautiful luxury vinyl plank floors throughout with tile in the bathrooms. The bedrooms are BIG! Out back is a detached 2 car garage/workshop/studio space that awaits your creative design and needs. Above the garage is a second residence, a comfy 2 bedroom 1 bath apartment (with sleeping porch!). Everything's been done so you can enjoy the home, apartment, garage and over sized yard right away. Don't sleep on this one, SEE IT TODAY

Supplements: TODAY

Listing Details MLS# 1069593

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2275
Living Area Source: Public Records
Year Built: 1941
Lot Size Dimensions: 90 x 120
Association YN: No
Association Fee Frequency: One Time
Association Fee 2 Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From corner of San Juan and Roosevelt Hwy go West on SJ one block, left turn onto Hamilton, right turn onto Palmer second house on left.
Public Remarks: Just what you've been looking for! Completely renovated home with detached garage/workshop and renovated 2 bedroom 1 bath apartment above! Ready for move in, the main home is a comfortable 3 bed 2 bath ranch with all new kitchen, flooring, roof, windows, HVAC, electric panel and bathrooms! Pretty quartz countertops plus stainless Samsung appliances, Durable and beautiful luxury vinyl plank floors throughout with tile in the bathrooms. The bedrooms are BIG! Out back is a detached 2 car garage/workshop/studio space that awaits your creative design and needs. Above the garage is a second residence, a comfy 2 bedroom 1 bath apartment (with sleeping porch!). Everything's been done so you can enjoy the home, apartment, garage and over sized yard right away. Don't sleep on this one, SEE IT TODAY
List Price/SqFt: 122.64
Sold Price/SqFt: 114.29

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat; Ranch Appliances: Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Eat-in Kitchen Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Septic Tank Green Energy Efficient: Windows Construction Materials: Aluminum Siding; Frame Other Structures: Guest House Pool Features: None Roof: Metal; Shingle Parking Features: Additional Parking; Covered; Detached; Garage Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-08-22

Location Tax and Legal

Street Number: 4560
Street Name: PALMER
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 052-Lakeshore
Subdivision Name: Lakeshore

Status Change Information

Major Change Timestamp: 2020-10-22T01:46:54Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-01
Close Date: 2020-10-13
Close Price: 260000

Historical Information

Public Historical Remarks 2: Bedroom Features-Apartment: Y, Fenced Partial: Y, City Lot Location: Y

More Information

Listing Office: INI REALTY

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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