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.

539 W 23RD Street 4, Jacksonville, FL 32206 (MLS# 2161206)

539 W 23RD Street 4, Jacksonville, FL 32206

$750

Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 750 Status: Active

Current Price: $750 List Date: 8/21/2026 Last Modified: 10/26/2026

Overview

Description

Second floor apartment, freshly painted throughout, new window AC units, hardwood floors, large living room with window blinds, ceiling fans, larger bedroom, with window AC unit and ceiling fans, eat in kitchen area. Updated kitchen cabinets. Communal storage at rear of property. No covered parking. Close to main transit routes, public transport, airport, shopping and NAS JAX. No pets in upstairs unit. We do not participate in Section 8 / Voucher programs. Tenant pays all utilities

Listing Details MLS# 2161206

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 750
Living Area Source: Measured
Year Built: 1950
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: I-95 TO 21ST ST. EXPRESSWAY, EXIT NORTH ON BOULEVARD ST. TO LEFT ON WEST 23RD STREET. BUILDING IS ON THE RIGHT.
Public Remarks: Second floor apartment, freshly painted throughout, new window AC units, hardwood floors, large living room with window blinds, ceiling fans, larger bedroom, with window AC unit and ceiling fans, eat in kitchen area. Updated kitchen cabinets. Communal storage at rear of property. No covered parking. Close to main transit routes, public transport, airport, shopping and NAS JAX. No pets in upstairs unit. We do not participate in Section 8 / Voucher programs. Tenant pays all utilities
List Price/SqFt: Yes

Property Features

Additional Lease Terms: 12 Months Owner Pays: Common Area Maintenance; Taxes; Trash Collection Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Breakfast Nook; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower Patio And Porch Features: Front Porch Water Source: Public Parking Features: On Street; Shared Driveway Security Features: Secured Lobby; Smoke Detector(s) Utilities: Separate Electric Meters; Water Connected Cooling: Wall/Window Unit(s) Heating: Electric Road Surface Type: Asphalt Road Frontage Type: City Street Rent Includes: Trash Collection Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Rental Application URL: www.kellarrealty.com
Property Sub Type: Apartment
Property Attached YN: Yes
Listing Contract Date: 2026-08-21
Lease Term: 12 Months
Availability Date: 2022-01-27

Location Tax and Legal

Street Number: 539
Street Direction Prefix: W
Street Name: 23RD
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Brentwood

Status Change Information

Major Change Timestamp: 2026-10-26T14:44:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T14:44:16Z

Deposits and Fees

Application Fee: 75
Security Deposit: 1000

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Vinyl Floors: Y, Per Period: 725, Utilities-Common Water: Y
Public Historical Remarks 2: Occupancy: Specific Date-CLO, Sewer - Public: Y, Parcel Size: Less than .25 acre, No Laundry Facility: Y, Energy Features-Ceiling Fan(s): Y, City Lot Location: Y

Listing Office: KELLAR REALTY AND PROPERTY MANAGEMENT INC

Last Updated: October - 26 - 2026

Broker Attribution: [email protected]

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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