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.

528 3RD Avenue S, Jacksonville Beach, FL 32250 (MLS# 2107846)

528 3RD Avenue S, Jacksonville Beach, FL 32250

$386,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,214 Status: Closed

Current Price: $386,000 List Date: 9/10/2025 Last Modified: 8/20/2026

Overview

Description

location-Location-LOCATION! Just under half a mile from the ocean waves at Jacksonville Beach. This property is situated on a standard 50' wide lot in the southwest region of Jacksonville Beach. The existing structure needs considerable renovation, but with some vision and creativity, the investment and new construction possibilities are limitless!! It's an amazing location with easy public access to the renowned Jacksonville Beach. From morning strolls along the shore to evening shopping and dining, this spot offers the ultimate in Florida's coastal lifestyle. Less than a half mile from the beach - envision the potential - dream about the opportunities.

Listing Details MLS# 2107846

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1214
Living Area Source: Estimated
Building Area Total: 1214
Year Built: 1959
Accessory Dwelling Unit Y/N: No
Homestead YN: No
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
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: Residence located one dwelling east of 6th Street South on 3rd Ave. South, Jacksonville Beach.
Public Remarks: location-Location-LOCATION! Just under half a mile from the ocean waves at Jacksonville Beach. This property is situated on a standard 50' wide lot in the southwest region of Jacksonville Beach. The existing structure needs considerable renovation, but with some vision and creativity, the investment and new construction possibilities are limitless!! It's an amazing location with easy public access to the renowned Jacksonville Beach. From morning strolls along the shore to evening shopping and dining, this spot offers the ultimate in Florida's coastal lifestyle. Less than a half mile from the beach - envision the potential - dream about the opportunities.
List Price/SqFt: 288.3
Sold Price/SqFt: 317.96

Property Features

Architectural Style: Traditional Levels: One Property Condition: Fixer Appliances: Other Utilities: Electricity Not Available; Water Not Available Cooling: Other Heating: Other Water Source: Public Sewer: Public Sewer Roof: Shingle Parking Features: Off Street Fencing: Other Current Use: Residential Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional Showing Requirements: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-05

Location Tax and Legal

Street Number: 528
Street Name: 3RD
Street Suffix: Avenue
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 214-Jacksonville Beach-SW
Subdivision Name: Pablo Beach South

Status Change Information

Major Change Timestamp: 2025-11-01T02:47:39Z
Major Change Type: Status Change
Purchase Contract Date: 2025-09-22
Close Date: 2025-10-31
Close Price: 386000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: FARRELL INTERNATIONAL REALTY LLC

Last Updated: August - 20 - 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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