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.

5511 BRANNON Avenue, Jacksonville, FL 32244 (MLS# 2154645)

5511 BRANNON Avenue, Jacksonville, FL 32244

New Listing

$70,000

Lots face April Street - behind 5511 Brannon Avenue

Property Type: Land Lot Size (sq. ft.): 12,502 Status: Active

Current Price: $70,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Two 50 x 125 lots facing April Street! Lots 8 and 9 ONLY. The lots will be removed from 5511 Brannon legal at closing. Lots are contiguous and are cleared with the exception of one pine tree and an old single car garage located on the back of lot 8. Seller wants to sell both lots together. See Survey under document tab.

Listing Details MLS# 2154645

General Property Information

Number Of Lots: 2
Lot Size Acres: 0.287
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: I-295 South, Exit 103 Rd St, West Towards Cecil Field, L@ Brannon Ave. L@ April Street (Lots Face April Street)
Public Remarks: Two 50 x 125 lots facing April Street! Lots 8 and 9 ONLY. The lots will be removed from 5511 Brannon legal at closing. Lots are contiguous and are cleared with the exception of one pine tree and an old single car garage located on the back of lot 8. Seller wants to sell both lots together. See Survey under document tab.
List Price/Acre: 241379.31

Property Features

Current Use: Residential Lot Features: Cleared Fencing: Privacy; Wood Utilities: Cable Not Available; Electricity Available; Sewer Not Available; Water Not Available Water Source: None Road Surface Type: Asphalt Road Frontage Type: City Street Listing Terms: Cash; Conventional Possession: Close Of Escrow Development Status: Raw Land

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-07-08

Location Tax and Legal

Street Number: 5511
Street Name: BRANNON
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 063-Jacksonville Heights/Oak Hill/English Estates
Subdivision Name: Jacksonville Heights

Status Change Information

Major Change Timestamp: 2026-11-03T16:45:06Z
Major Change Type: Status Change

More Information

Documents

Survey ›

Listing Office: LINDA STRICKLAND REALTY

Last Updated: November - 03 - 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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