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.

5420 GROVE Avenue, Jacksonville, FL 32211 (MLS# 2152534)

5420 GROVE Avenue, Jacksonville, FL 32211

$351,200

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,641 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $351,200 List Date: 6/26/2026 Last Modified: 11/04/2026

Overview

Description

Discover this stunning mid-century modern brick home nestled in Clifton, an established and sought-after neighborhood. Thoughtfully preserved and move-in ready, this 3-bedroom, 2.5-bath home seamlessly blends vintage character with modern comfort. Inside, pristine original oak hardwood floors and parquet accents speak to the home's enduring craftsmanship. There is an over-sized living room & spacious family room that centers around a gas fireplace, while a generously sized, separate dining room provides the perfect setting for entertaining. Original tile bathrooms -- in near-perfect condition -- are a rare and authentic nod to the home's mid-century roots. The kitchen features custom pine cabinetry, granite countertops, and a gas cooktop with a separate, sunny breakfast nook.

Supplements: Step outside to a private backyard oasis complete with a tranquil fish pond fed by an artesian well and a patio primed for a grill and a fire pit--ideal for year-round outdoor living. Major mechanicals have been updated for peace of mind: newer windows, roof replaced in 2015, HVAC in 2017, Water heater in 2022. Owner has never lived in the propert ... (Read more)

Listing Details MLS# 2152534

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2042
Living Area Source: Public Records
Building Area Total: 2641
Year Built: 1957
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
Entry Level: Yes
Senior Community YN: No
Directions: From Atlantic Blvd & University Blvd, North on University to left on Sandra the right on Grove Ave. Home is on the left towards the end.
Public Remarks: Discover this stunning mid-century modern brick home nestled in Clifton, an established and sought-after neighborhood. Thoughtfully preserved and move-in ready, this 3-bedroom, 2.5-bath home seamlessly blends vintage character with modern comfort. Inside, pristine original oak hardwood floors and parquet accents speak to the home's enduring craftsmanship. There is an over-sized living room & spacious family room that centers around a gas fireplace, while a generously sized, separate dining room provides the perfect setting for entertaining. Original tile bathrooms -- in near-perfect condition -- are a rare and authentic nod to the home's mid-century roots. The kitchen features custom pine cabinetry, granite countertops, and a gas cooktop with a separate, sunny breakfast nook.
List Price/SqFt: 173.8
Sold Price/SqFt: 171.99

Property Features

Architectural Style: Mid-Century Modern Levels: One Appliances: Dishwasher; Electric Oven; Electric Water Heater; Gas Cooktop; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Nook; Pantry; Primary Bathroom - Shower No Tub Flooring: Wood Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Utilities: Cable Available; Electricity Connected; Water Connected; Propane Cooling: Central Air; Electric Heating: Electric Water Source: Public Sewer: Septic Tank Construction Materials: Brick Patio And Porch Features: Patio Roof: Shingle Parking Features: Garage; Garage Door Opener Fencing: Back Yard; Chain Link; Wood Current Use: Residential; Single Family Community Features: Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-26

Location Tax and Legal

Street Number: 5420
Street Name: GROVE
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Clifton

Status Change Information

Major Change Timestamp: 2026-08-07T11:28:55Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-03
Close Date: 2026-08-04
Close Price: 351200

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Listing Office: KELLER WILLIAMS JACKSONVILLE

Last Updated: November - 04 - 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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