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.

4642 CRESCENT Street, Jacksonville, FL 32205 (MLS# 2157231)

4642 CRESCENT Street, Jacksonville, FL 32205

$255,000

Virtual Tour

https://www.zillow.com/view-imx/e9bd7687-17ea-4425-94fa-eb997caf0428?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,114 Lot Size (sq. ft.): 4,792 Status: Active Under Contract

Current Price: $255,000 List Date: 8/01/2026 Last Modified: 10/23/2026

Overview

Description

A Hauntingly Good Opportunity in Murray Hill | Move In Before the Holidays! Some homes have a little extra magic, and 4642 Crescent Street is ready to cast its spell! Welcome to this beautifully maintained 2-bedroom, 1-bathroom bungalow offering 1,114 square feet of timeless character, thoughtful updates, and an exceptional location in Jacksonville's sought-after Murray Hill neighborhood. If you've been dreaming of settling into a charming, move-in-ready home before the holidays, this enchanting opportunity deserves a closer look. A new roof installed in 2020 adds peace of mind, while the inviting front porch with low-maintenance composite decking sets the stage for slow mornings, seasonal decorating, and evenings spent enjoying the neighborhood. Inside, a welcoming family room showcases a charming wood-burning fireplace and original hardwood floors that extend throughout the main living areas and bedrooms, bringing warmth and character to every room. Just off the family room,

Supplements: the enclosed sunroom offers versatile space to suit your lifestyle. Imagine a cozy reading nook, home office, creative studio, fitness room, or additional flex space. The indoor laundry area, complete with washer and dryer, adds everyday convenience. The spacious formal dining room is ready for holiday gatherings, dinner parties, and making memorie ... (Read more)

Listing Details MLS# 2157231

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1114
Living Area Source: Assessor
Year Built: 1927
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Lot Size Dimensions: 50x100
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From Post Street, head west onto Murray Drive. Turn right onto Crescent Street. The home will be on your right.
Public Remarks: A Hauntingly Good Opportunity in Murray Hill | Move In Before the Holidays! Some homes have a little extra magic, and 4642 Crescent Street is ready to cast its spell! Welcome to this beautifully maintained 2-bedroom, 1-bathroom bungalow offering 1,114 square feet of timeless character, thoughtful updates, and an exceptional location in Jacksonville's sought-after Murray Hill neighborhood. If you've been dreaming of settling into a charming, move-in-ready home before the holidays, this enchanting opportunity deserves a closer look. A new roof installed in 2020 adds peace of mind, while the inviting front porch with low-maintenance composite decking sets the stage for slow mornings, seasonal decorating, and evenings spent enjoying the neighborhood. Inside, a welcoming family room showcases a charming wood-burning fireplace and original hardwood floors that extend throughout the main living areas and bedrooms, bringing warmth and character to every room. Just off the family room,
List Price/SqFt: 228.9

Property Features

Architectural Style: Cottage; Craftsman; Historic; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Primary Bathroom - Tub with Shower; Primary Downstairs Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Connected; Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Wood Siding Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch Roof: Shingle Parking Features: Detached; Garage; Off Street; On Street Lot Features: Historic Area Fencing: Back Yard; Chain Link; Privacy; Wood Current Use: Residential; Single Family Community Features: Curbs; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-27

Location Tax and Legal

Street Number: 4642
Street Name: CRESCENT
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill Heights

Status Change Information

Major Change Timestamp: 2026-10-23T23:12:51Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-16T18:22:23Z
Contingency: Active Under Contract
Contingent Date: 2026-10-23

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 23 - 2026

Information deemed reliable but not guaranteed.