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.

507 ROBERTS Street, Jacksonville, FL 32254 (MLS# 2171842)

507 ROBERTS Street, Jacksonville, FL 32254

New Listing

$349,900

Bright Mid-Century Living Room, Empty Dr

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,149 Lot Size (sq. ft.): 16,117 Status: Coming Soon

Current Price: $349,900 List Date: 11/01/2026 Last Modified: 11/02/2026

Overview

Description

Coming Soon listing, no showings. Beautifully Renovated 4-Bedroom Pool Home on a Spacious Corner Lot! New Roof! Move right in and start enjoying the Florida lifestyle! This beautifully home combines modern style, everyday comfort, and exceptional outdoor living. Step inside to discover an inviting open layout featuring vinyl flooring, contemporary lighting, and fresh neutral finishes. The updated kitchen offers crisp white cabinetry, stainless steel appliances, and all appliances included—making your move even easier. Your backyard is a private retreat! Cool off in the sparkling in-ground pool, relax on the expansive wood deck, or entertain guests in the fenced yard surrounded by mature shade trees. The spacious corner lot provides added outdoor space and a welcoming setting. An exciting bonus is the detached building with electricity, offering flexible possibilities for a home office, workshop, creative studio, or potential guest suite or studio apartment conversion.

Supplements: Hot water heater instant electric, combo washer/dryer unit. Property being sold as is.

Listing Details MLS# 2171842

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2149
Living Area Source: Public Records
Year Built: 1956
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.37
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 4
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-10, take Exit 358 (Cassat Avenue). Head north on Cassat Avenue, turn left onto Highway Avenue, then left onto Roberts Street. Continue to 507 Roberts Street.
Public Remarks: Beautifully Renovated 4-Bedroom Pool Home on a Spacious Corner Lot! New Roof! Move right in and start enjoying the Florida lifestyle! This beautifully home combines modern style, everyday comfort, and exceptional outdoor living. Step inside to discover an inviting open layout featuring vinyl flooring, contemporary lighting, and fresh neutral finishes. The updated kitchen offers crisp white cabinetry, stainless steel appliances, and all appliances included—making your move even easier. Your backyard is a private retreat! Cool off in the sparkling in-ground pool, relax on the expansive wood deck, or entertain guests in the fenced yard surrounded by mature shade trees. The spacious corner lot provides added outdoor space and a welcoming setting. An exciting bonus is the detached building with electricity, offering flexible possibilities for a home office, workshop, creative studio, or potential guest suite or studio apartment conversion.
List Price/SqFt: 162.82

Property Features

Appliances: Dryer; Electric Range; Electric Water Heater; Instant Hot Water; Refrigerator; Washer Flooring: Luxury Vinyl Utilities: Cable Available; Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump; Hot Water Water Source: Public Construction Materials: Concrete Other Structures: Shed(s) Pool Features: In Ground Roof: Shingle Parking Features: Carport Lot Features: Corner Lot Fencing: Fenced Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-11-01

Location Tax and Legal

Street Number: 507
Street Name: ROBERTS
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32254
MLS Area Major: 074-Paxon
Subdivision Name: Edgewood

Status Change Information

Major Change Timestamp: 2026-11-01T23:11:03Z
Major Change Type: No Showings

More Information

Listing Office: INI REALTY

Last Updated: November - 02 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare