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.

4728 KERLE Street, Jacksonville, FL (MLS# 743624)

4728 KERLE Street, Jacksonville, FL

$123,900

Virtual Tour

http://fusion.realtourvision.com/idx/435089

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,089 Status: Closed

Current Price: $123,900 List Date: 10/31/2014 Last Modified: 10/23/2026

Overview

Description

This charming Murray Hill bungalow,just a block from Four Corners Park, is the perfect choice for first time buyers or those seeking perfection in a smaller footprint. Gorgeous solid oak floors, fresh paint inside and out, updated systems (HVAC, plumbing, and electric) and a full appliance package make this turnkey property an easy choice for even the most discriminating buyer. The efficient floor plan features two bedrooms,remodeled bathroom,sunroom, dining room, and living room with wood burning fireplace. Beautiful newer windows allow abundant natural light in. The lush rear yard is fully fenced and includes a storage shed for your lawn and garden tools. Tucked away on one of Murray Hill's best loved streets this home is also protected by a transferable termite bond. Pride of ownership

Supplements: ownership

Listing Details MLS# 743624

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1089
Living Area Source: Public Records
Year Built: 1939
Homestead YN: Yes
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Near Four Corners Park in the heart of Murray Hill.
Public Remarks: This charming Murray Hill bungalow,just a block from Four Corners Park, is the perfect choice for first time buyers or those seeking perfection in a smaller footprint. Gorgeous solid oak floors, fresh paint inside and out, updated systems (HVAC, plumbing, and electric) and a full appliance package make this turnkey property an easy choice for even the most discriminating buyer. The efficient floor plan features two bedrooms,remodeled bathroom,sunroom, dining room, and living room with wood burning fireplace. Beautiful newer windows allow abundant natural light in. The lush rear yard is fully fenced and includes a storage shed for your lawn and garden tools. Tucked away on one of Murray Hill's best loved streets this home is also protected by a transferable termite bond. Pride of ownership
List Price/SqFt: 118.46
Sold Price/SqFt: 113.77

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Flooring: Wood Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Wood Siding Other Structures: Shed(s) Patio And Porch Features: Patio Pool Features: None Roof: Shingle Parking Features: Other Lot Features: Historic Area Fencing: Back Yard 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: 2014-10-31

Location Tax and Legal

Street Number: 4728
Street Name: KERLE
Street Suffix: Street
County: Duval
State: FL
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill Heights

Status Change Information

Major Change Timestamp: 2015-01-13T21:27:22Z
Major Change Type: Status Change
Purchase Contract Date: 2015-01-01
Close Date: 2015-01-13
Close Price: 123900

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Back-Ups Accepted, Call Listing Agent

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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