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.

524 W 62ND Street, Jacksonville, FL 32208 (MLS# 2161322)

524 W 62ND Street, Jacksonville, FL 32208

$134,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,472 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $134,000 List Date: 8/27/2026 Last Modified: 10/26/2026

Overview

Description

Bring your imagination. This home offers an opportunity for cosmetic updating and personalization, while several major improvements are already complete, including a new roof in December 2020, HVAC system in 2023, and water heater in 2023. More space, no HOA, big ticket items already replaced and room to make it your own. This spacious three-bedroom home includes two additional flex rooms, providing options for a home office, den, guest space, game room, or hobbies. Outside, enjoy a newer fenced backyard with room to relax, garden, or entertain. Located on a quiet residential road in Tallulah-North Shore, convenient to I-95, Main Street, UF Health, Downtown Jacksonville, neighborhood parks, and waterfront recreation. Bring your vision and take advantage of the space, flexibility, and recent system updates this home offers.

Listing Details MLS# 2161322

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1472
Living Area Source: Public Records
Year Built: 1946
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From I-95, take Exit 357 for Edgewood Avenue. Head east on Edgewood Avenue and continue onto Tallulah Avenue. Turn right onto W 62nd Street. Home will be on the right.
Public Remarks: Bring your imagination. This home offers an opportunity for cosmetic updating and personalization, while several major improvements are already complete, including a new roof in December 2020, HVAC system in 2023, and water heater in 2023. More space, no HOA, big ticket items already replaced and room to make it your own. This spacious three-bedroom home includes two additional flex rooms, providing options for a home office, den, guest space, game room, or hobbies. Outside, enjoy a newer fenced backyard with room to relax, garden, or entertain. Located on a quiet residential road in Tallulah-North Shore, convenient to I-95, Main Street, UF Health, Downtown Jacksonville, neighborhood parks, and waterfront recreation. Bring your vision and take advantage of the space, flexibility, and recent system updates this home offers.
List Price/SqFt: 91.03

Property Features

Appliances: Disposal; Refrigerator Flooring: Carpet; Laminate Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Electric Water Source: Public Sewer: Public Sewer Parking Features: Other Current Use: Residential; 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: 2026-08-21

Location Tax and Legal

Street Number: 524
Street Direction Prefix: W
Street Name: 62ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Edmondsons North

Status Change Information

Major Change Timestamp: 2026-09-12T14:43:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-12T14:43:00Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: MARK SPAIN REAL ESTATE

Last Updated: October - 26 - 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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