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.

5229 PLYMOUTH Street, Jacksonville, FL 32205 (MLS# 2172231)

5229 PLYMOUTH Street, Jacksonville, FL 32205

New Listing

$206,000

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,525 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $206,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Investment Opportunity in Jacksonville! Discover the potential of this duplex located in Jacksonville's established Westside community. Whether you're an experienced investor looking to expand your rental portfolio or a buyer interested in owner-occupancy with additional rental income potential, this property presents an opportunity to build long-term wealth through real estate. Conveniently situated near major roadways, shopping, dining, and employment centers, the location offers accessibility for residents. With two separate living units, this property provides flexibility for a variety of investment strategies. Don't miss the opportunity to add a multifamily property to your real estate portfolio. Schedule your private showing today!

Listing Details MLS# 2172231

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1525
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1985
Garage YN: No
Carport YN: No
Parking Total: 2
Lot Size Acres: 0.19
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Stories: Yes
Senior Community YN: No
Directions: From I-95 South, take Exit 352D toward I-10 West/Lake City. Merge onto I-10 West and take Exit 361 for Roosevelt Boulevard South. Turn right onto Plymouth Street and continue to 5229 Plymouth Street.
Public Remarks: Investment Opportunity in Jacksonville! Discover the potential of this duplex located in Jacksonville's established Westside community. Whether you're an experienced investor looking to expand your rental portfolio or a buyer interested in owner-occupancy with additional rental income potential, this property presents an opportunity to build long-term wealth through real estate. Conveniently situated near major roadways, shopping, dining, and employment centers, the location offers accessibility for residents. With two separate living units, this property provides flexibility for a variety of investment strategies. Don't miss the opportunity to add a multifamily property to your real estate portfolio. Schedule your private showing today!
List Price/SqFt: 135.08

Property Features

Construction Materials: Wood Siding Cooling: Central Air Current Use: Investment; Residential Exterior Features: Courtyard Financial Data Source: Owner Flooring: Vinyl Heating: Central Income Includes: Rent Only Laundry Features: Washer Hookup Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Few Trees Owner Pays: Repairs Parking Features: Additional Parking Possession: Close Of Escrow Roof: Shingle Tenant Pays: All Utilities Utilities: Electricity Available

Contract Information

Listing Contract Date: 2026-10-28
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 5229
Street Name: PLYMOUTH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: Seminole Gardens
MLS Area Major: 052-Lakeshore

Status Change Information

Major Change Timestamp: 2026-11-04T15:58:44Z
Major Change Type: New Listing

Currently Not Used

Property Attached YN: Yes
yn11: No

More Information

Unit 1 Details

Unit ID: 5229
Actual Rent: 1200
Unit SqFt: 750
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Tenant Occupied ( new lease , 2 months)

Unit 2 Details

Unit ID: 5227
Actual Rent: 1050
Unit SqFt: 750
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: tenant occupied. (3 years)

Listing Office: PARADIGM VISION GROUP

Last Updated: November - 04 - 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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