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.

4803 LEXINGTON Avenue, Jacksonville, FL 32210 (MLS# 2164157)

4803 LEXINGTON Avenue, Jacksonville, FL 32210

$1,195

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 1,163 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,195 List Date: 9/09/2026 Last Modified: 11/03/2026

Overview

Description

Sign a lease and move in before November 30th, 2026 and receive a $300 Visa gift card - just in time for the holidays! Also enjoy a reduced security deposit and waived admin fee for this property! This charming 2-bedroom, 1-bath home offers a comfortable layout with plenty of space and character throughout. The updated, spacious kitchen features stainless steel appliances, a dishwasher, and an abundance of cabinet and storage space, making it both functional and inviting. Just off the kitchen is a dedicated laundry room with washer and dryer hookups for added convenience. Separate living and dining rooms provide plenty of room to relax, entertain, or create a home office or flex space. Original hardwood floors add warmth and character throughout the home, while natural light keeps the space feeling bright and welcoming. With a practical layout, generous kitchen storage, and classic details, this home is ready for its next resident.

Supplements: **PLEASE NOTE - This home features a garage apartment in the backyard and will share the space with another tenant. In addition, utilities are paid by owner and split between both units 60/40 and billed to tenant each month** (Home is virtually staged)

Listing Details MLS# 2164157

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1163
Living Area Source: Appraiser
Year Built: 1948
Lot Size Acres: 0.14
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From Blanding Blvd, Head WB on Lexington Ave, Home is on the right
Public Remarks: Sign a lease and move in before November 30th, 2026 and receive a $300 Visa gift card - just in time for the holidays! Also enjoy a reduced security deposit and waived admin fee for this property! This charming 2-bedroom, 1-bath home offers a comfortable layout with plenty of space and character throughout. The updated, spacious kitchen features stainless steel appliances, a dishwasher, and an abundance of cabinet and storage space, making it both functional and inviting. Just off the kitchen is a dedicated laundry room with washer and dryer hookups for added convenience. Separate living and dining rooms provide plenty of room to relax, entertain, or create a home office or flex space. Original hardwood floors add warmth and character throughout the home, while natural light keeps the space feeling bright and welcoming. With a practical layout, generous kitchen storage, and classic details, this home is ready for its next resident.
List Price/SqFt: 1.03

Property Features

Appliances: Dishwasher; Electric Range; Refrigerator Laundry Features: Electric Dryer Hookup; Washer Hookup Patio And Porch Features: Porch Water Source: Public Parking Features: Attached Sewer: Public Sewer Utilities: Electricity Available Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Rental Application URL: https://www.allcountyprop.com/locations/florida/jacksonville/available-rentals/listing/?id=764082
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-09-09
Lease Term: 12 Months
Availability Date: 2026-09-28

Location Tax and Legal

Street Number: 4803
Street Name: LEXINGTON
Street Suffix: Avenue
State: FL
County: Duval
Postal Code: 32210
MLS Area Major: 051-Murray Hill
Subdivision Name: Lakeside Park

Status Change Information

Major Change Timestamp: 2026-10-16T14:39:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-16T14:39:01Z

Deposits and Fees

Additional Fee: 200
Application Fee: 75
Pet Fee/Deposit: 200
Security Deposit: 1250

More Information

Listing Office: COMPLETE PROP MANAGEMENT LLC

Last Updated: November - 03 - 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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