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.

5383 WELLER Avenue, Jacksonville, FL (MLS# 778725)

5383 WELLER Avenue, Jacksonville, FL

$161,000

Living room - looking toward dining room

Dining room - looking toward living room

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,064 Status: Closed

Current Price: $161,000 List Date: 6/21/2015 Last Modified: 10/23/2026

Overview

Description

Don't miss this lovely home located in charming Clifton. The shade dappled, beautifully landscaped corner lot will delight you. The covered entry welcomes you. This mid-century home features terrazzo floors under the carpet, lots of windows that flood the home with light and spacious rooms. Floor plan flows beautifully for easy entertaining. When cool weather returns in the fall, everyone will enjoy the cozy fireplace located in the living room. The custom kitchen offers a gas range, beautiful cabinets and granite countertops. Buyers will love all the counter space and storage. The master bath has been completely remodeled. The plant-filled back yard will be a favorite gathering place for family and friends. Additional information can be found in the SUPPLEMENT

Supplements: Some additional features that buyers will enjoy: Home has been repiped New duct work. Extra insulation added Knock down ceilings throughout Plantation shutters in the living room Ceiling fans through the home Lots of trees including two citrus trees

Listing Details MLS# 778725

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2064
Living Area Source: Public Records
Year Built: 1957
Lot Size Dimensions: 100 x 105
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Arlington Expressway, south on University Boulevard. At sharp curve, continue straight ahead on Sandra, right on Weller Avenue to corner of Weller and Garrison.
Public Remarks: Don't miss this lovely home located in charming Clifton. The shade dappled, beautifully landscaped corner lot will delight you. The covered entry welcomes you. This mid-century home features terrazzo floors under the carpet, lots of windows that flood the home with light and spacious rooms. Floor plan flows beautifully for easy entertaining. When cool weather returns in the fall, everyone will enjoy the cozy fireplace located in the living room. The custom kitchen offers a gas range, beautiful cabinets and granite countertops. Buyers will love all the counter space and storage. The master bath has been completely remodeled. The plant-filled back yard will be a favorite gathering place for family and friends. Additional information can be found in the SUPPLEMENT
List Price/SqFt: 84.74
Sold Price/SqFt: 78

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Gas Range Interior Features: Entrance Foyer Flooring: Carpet; Terrazzo; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Security Features: Smoke Detector(s) Construction Materials: Brick Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Corner Lot Fencing: Back Yard Current Use: Residential; Single Family Possession: Negotiable Listing Terms: FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-06-20

Location Tax and Legal

Street Number: 5383
Street Name: WELLER
Street Suffix: Avenue
County: Duval
State: FL
MLS Area Major: 041-Arlington
Subdivision Name: Clifton

Status Change Information

Major Change Timestamp: 2015-09-10T14:03:08Z
Major Change Type: Status Change
Purchase Contract Date: 2015-07-21
Close Date: 2015-09-04
Close Price: 161000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y, Fireplace-Living Room: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Side Entry Garage: Y

Room Information

Room Name
Living Room
Family Room

Listing Office: BUCK & BUCK INC

Last Updated: October - 23 - 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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