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.

525 E Church Street, Jacksonville, FL 32202 (MLS# 641613)

525 E Church Street, Jacksonville, FL 32202

$95,000

INTERIOR LEFT AND RIGHT SIDE OVERHEAD DO

Property Type: Commercial Sale Square Footage: 2,700 Lot Size (sq. ft.): 16,553 Status: Closed

Current Price: $95,000 List Date: 2/13/2014 Last Modified: 10/23/2026

Overview

Description

RENOVATED IN 2007 THIS WAREHOUSE FEATURES 2700 SQ FR , A METAL ROOF, AND 3 phase power 440 Volt SERVICE. PREVIOUSLY USED FOR A CATERING OPERATION. The framing is metal girders wiwth concrete block sides. Concrete flooring & two 10x10 overhead doors. public water is conected & public sewer is available at the street.

Listing Details MLS# 641613

General Property Information

Number Of Units Total: Yes
Building Area Total: 2700
Year Built: 1952
Lot Size Acres: 0.38
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Directions: ADAMS ST. EAST TO RIGHT ON WASHINGTON ST, RIGHT ON cHURCH ST. E. PROPERTY IS ON THE LEFT. SIGN ON PROPERTY
Public Remarks: RENOVATED IN 2007 THIS WAREHOUSE FEATURES 2700 SQ FR , A METAL ROOF, AND 3 phase power 440 Volt SERVICE. PREVIOUSLY USED FOR A CATERING OPERATION. The framing is metal girders wiwth concrete block sides. Concrete flooring & two 10x10 overhead doors. public water is conected & public sewer is available at the street.
List Price/SqFt: 40.74
Sold Price/SqFt: 35.19

Property Features

Building Features: Fenced Business Type: Church Construction Materials: Concrete; Frame Current Use: Commercial; Industrial; Office Fencing: Chain Link; Fenced; Full; Other Flooring: Concrete Heating: None Listing Terms: Cash; Conventional Parking Features: Parking Lot Possession: Subject To Tenant Rights Roof: Metal Water Source: Public

Contract Information

Listing Contract Date: 2012-10-29
Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 525
Street Direction Prefix: E
Street Name: Church
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32202
MLS Area Major: 073-Downtown Jacksonville-Northbank

Status Change Information

Major Change Timestamp: 2014-03-25T19:52:45Z
Major Change Type: Status Change
Purchase Contract Date: 2014-01-28
Close Date: 2014-03-25
Close Price: 95000

Historical Information

Public Historical Remarks 1: Road Surface: Asphalt Road, Lot Location-Downtown: Y, Showing Instructions-Sign on Property: Y, Number of Units: 1 - 4 Units, Column Spacing: 20 - 25 Feet
Public Historical Remarks 2: Lot Location-Urban/City: Y, Number of Buildings: 1 Building, Ceiling Height: 14' - 16' Ceilings
Public Historical Remarks 3: Current Zoning: CRO

More Information

Listing Office: WATSON REALTY CORP

Last Updated: October - 23 - 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