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.

5404 FLORAL Avenue, Jacksonville, FL 32211 (MLS# 2172153)

5404 FLORAL Avenue, Jacksonville, FL 32211

New Listing

$419,000

Virtual Tour

https://www.zillow.com/view-imx/a2213c66-fac1-47d6-8c11-c0fca6e72703?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,496 Lot Size (sq. ft.): 12,632 Status: Active

Current Price: $419,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Designer craftsmanship meets effortless living. Reimagined from the studs up, this 4-bed, 3.5-bath home showcases high-end finishes, professional design, and walls of windows filled with natural light. The foyer opens to the living room and formal dining area, flowing into the all-new kitchen with quartz countertops, stainless appliances, shaker cabinetry, and a pantry. The main home offers 3 bedrooms and 2 baths, including a serene owner's suite with private bath. Beyond the kitchen, a multigenerational suite with its own private entrance offers a family room, half bath, laundry room, and a spa-inspired primary suite with double vanity and walk-in shower. Upgrades done in 2026 include an electrical rewire with new panel, plumbing, and HVAC; roof 2014. Step outside to an expansive backyard made for entertaining or unwinding beneath the Florida sky. Large 2-car garage. A rare blend of luxury and value, this one won't last!

Supplements: Multigenerational suite with its own private entrance, family room, half bath, and a primary suite with walking closet and full bathroom.

Listing Details MLS# 2172153

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2496
Living Area Source: Appraiser
Year Built: 1956
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.29
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From University Blvd. & Atlantic Blvd. Head toward Atlantic Blvd Continue onto Cesery Blvd Turn left onto FL-109 N/University Blvd N Turn left onto Floral Ave
Public Remarks: Designer craftsmanship meets effortless living. Reimagined from the studs up, this 4-bed, 3.5-bath home showcases high-end finishes, professional design, and walls of windows filled with natural light. The foyer opens to the living room and formal dining area, flowing into the all-new kitchen with quartz countertops, stainless appliances, shaker cabinetry, and a pantry. The main home offers 3 bedrooms and 2 baths, including a serene owner's suite with private bath. Beyond the kitchen, a multigenerational suite with its own private entrance offers a family room, half bath, laundry room, and a spa-inspired primary suite with double vanity and walk-in shower. Upgrades done in 2026 include an electrical rewire with new panel, plumbing, and HVAC; roof 2014. Step outside to an expansive backyard made for entertaining or unwinding beneath the Florida sky. Large 2-car garage. A rare blend of luxury and value, this one won't last!
List Price/SqFt: 167.87

Property Features

Architectural Style: Mid-Century Modern; Multi Generational; Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Range; Microwave Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Available Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Sewer: Septic Tank Security Features: Carbon Monoxide Detector(s) Construction Materials: Brick Patio And Porch Features: Front Porch Roof: Shingle Parking Features: Additional Parking; Attached Fencing: Back Yard Current Use: Single Family Road Frontage Type: City Street 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: 2026-11-03

Location Tax and Legal

Street Number: 5404
Street Name: FLORAL
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Clifton Bluff

Status Change Information

Major Change Timestamp: 2026-11-03T20:20:54Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Room Types

Bathroom 2 Level: Main
Bathroom 3 Level: Main
Bathroom 4 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bathroom Level: Main
Primary Bedroom Level: Main
Other Room Level: Main

Room Information

Room Name	Level
Living Room	Main
Dining Room	Main
Kitchen	Main
Primary Bedroom	Main
Primary Bathroom	Main
Bedroom 2	Main
Bedroom 3	Main
Bathroom 2	Main
Family Room	Main
Bedroom 4	Main
Bathroom 3	Main
Bathroom 4	Main

Listing Office: JPAR CITY AND BEACH

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.