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.

5134 SUNDERLAND Road, Jacksonville, FL 32210 (MLS# 2082270)

5134 SUNDERLAND Road, Jacksonville, FL 32210

$170,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,345 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $170,000 List Date: 4/17/2025 Last Modified: 10/27/2026

Overview

Description

We have received multiple offers! Please submit your highest and best offer by 6pm on 4/25/25 (Friday) This inviting 3 bedroom, 1 bath bungalow exudes charm from the moment you see the huge azaleas framing the front. 5134 features custom built in shelves and the sunny living room has a fireplace that could easily be re-opened and restored. The spacious kitchen is ready for a new owner to customize to your dream kitchen. With fresh paint and an updated vac, this home is ready to enjoy. Out back is a covered patio overlooking the large backyard, complete with a large shed with laundry ideal for a workspace, garage, or you could finish it off for more living space. The landscaping boasts30 year old hedges & plenty of mature growth. This is an exceptional opportunity for a first time homebuyer or an investor to be part of this vibrant community, just minutes from the shops of Riverside & Avondale and only a couple of blocks from a bus stop.

Listing Details MLS# 2082270

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1164
Living Area Source: Appraiser
Building Area Total: 1345
Year Built: 1948
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.14
Lot Size Dimensions: 50' x 120'
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
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: From Roosevelt Blvd, turn West onto SR-128 for .8 miles. Then turn left onto Vista Ave for 5 blocks Turn right onto Sunderland and 5134 is the 6th house on the left.
Public Remarks: We have received multiple offers! Please submit your highest and best offer by 6pm on 4/25/25 (Friday) This inviting 3 bedroom, 1 bath bungalow exudes charm from the moment you see the huge azaleas framing the front. 5134 features custom built in shelves and the sunny living room has a fireplace that could easily be re-opened and restored. The spacious kitchen is ready for a new owner to customize to your dream kitchen. With fresh paint and an updated vac, this home is ready to enjoy. Out back is a covered patio overlooking the large backyard, complete with a large shed with laundry ideal for a workspace, garage, or you could finish it off for more living space. The landscaping boasts30 year old hedges & plenty of mature growth. This is an exceptional opportunity for a first time homebuyer or an investor to be part of this vibrant community, just minutes from the shops of Riverside & Avondale and only a couple of blocks from a bus stop.
List Price/SqFt: 154.64
Sold Price/SqFt: 146.05

Property Features

Architectural Style: Cottage; Ranch; Traditional Levels: One Appliances: Dryer; Electric Range; Refrigerator; Washer Fireplace Features: Other Interior Features: Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Primary Bathroom - Tub with Shower; Primary Downstairs Flooring: Laminate; Wood Laundry Features: In Garage Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Deck; Porch Parking Features: Off Street; On Street Lot Features: Few Trees Fencing: Back Yard; Fenced; Wire Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-04-16

Location Tax and Legal

Street Number: 5134
Street Name: SUNDERLAND
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 052-Lakeshore
Subdivision Name: Lakeshore

Status Change Information

Major Change Timestamp: 2025-06-28T19:42:20Z
Major Change Type: Status Change
Purchase Contract Date: 2025-04-25
Close Date: 2025-06-27
Close Price: 170000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MARGANON REAL ESTATE FIRM

Last Updated: October - 27 - 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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