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.

4759 COLLEGE, Jacksonville, FL (MLS# 764246)

4759 COLLEGE, Jacksonville, FL

$158,400

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,617 Status: Closed

Current Price: $158,400 List Date: 3/27/2015 Last Modified: 10/23/2026

Overview

Description

Handsome and spacious bungalow on one of Murray Hill's best streets. This historic beauty offers over 1600 sf of living space, 9 ft ceilings, gorgeous hardwood floors in the living room, sun room and dining room, two full baths, plus a large kitchen and attached laundry room. There is a big Master bedroom that includes a nursery or sitting room, or third bedroom if needed. Fenced-in rear yard and shed. Recently updated HVAC, roof (2008)and windows(2013). The windows are Energy Star 'Low-E' Argon filled double-paned and the roof is a 30-year Architectural shingle. Only two blocks from Four Corners Park and a short drive to Moon River Pizza, Knead, and Maple Street Biscuit Company, this home is a great alternative to the high prices of Riverside-Avondale. TRANSFERABLE TERMITE BOND IN PLACE!

Supplements: This home has been freshly renovated with a new kitchen, tile flooring, carpet and paint throughout. New fans and fixtures. Shows beautifully. Lovely green lawn in rear. See this great home today, you will not be disappointed!

Listing Details MLS# 764246

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1617
Living Area Source: Measured
Year Built: 1927
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From corner of Edgewood and College head toward Cassat Ave . Home on right side.
Public Remarks: Handsome and spacious bungalow on one of Murray Hill's best streets. This historic beauty offers over 1600 sf of living space, 9 ft ceilings, gorgeous hardwood floors in the living room, sun room and dining room, two full baths, plus a large kitchen and attached laundry room. There is a big Master bedroom that includes a nursery or sitting room, or third bedroom if needed. Fenced-in rear yard and shed. Recently updated HVAC, roof (2008)and windows(2013). The windows are Energy Star 'Low-E' Argon filled double-paned and the roof is a 30-year Architectural shingle. Only two blocks from Four Corners Park and a short drive to Moon River Pizza, Knead, and Maple Street Biscuit Company, this home is a great alternative to the high prices of Riverside-Avondale. TRANSFERABLE TERMITE BOND IN PLACE!
List Price/SqFt: 105.07
Sold Price/SqFt: 97.96

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator Flooring: Tile Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Frame; Wood Siding Pool Features: None Roof: Shingle Lot Features: Historic Area Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-03-27

Location Tax and Legal

Street Number: 4759
Street Name: COLLEGE
County: Duval
State: FL
MLS Area Major: 051-Murray Hill
Subdivision Name: Murray Hill Heights

Status Change Information

Major Change Timestamp: 2023-11-13T20:02:52Z
Major Change Type: Price Change
Price Change Timestamp: 2015-03-27T16:16:10Z
Contingency: Active Under Contract
Purchase Contract Date: 2015-04-20
Close Date: 2015-05-15
Close Price: 158400

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y, Fenced Partial: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Back-Ups Accepted, Call Listing Agent

Room Information

Room Name
Florida Room

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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