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.

5727 DROAD Street, Jacksonville, FL 32208 (MLS# 2171642)

5727 DROAD Street, Jacksonville, FL 32208

New Listing

$1,800

Property Type: Residential Lease Bedrooms: 3 Baths: 1 Square Footage: 1,092 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $1,800 List Date: 10/30/2026 Last Modified: 10/31/2026

Overview

Description

Beautiful fully furnished 3-bedroom home in Jacksonville! Comfortable living space with kitchen, dining area, living room, indoor laundry and welcoming front porch. Offered at $1,800 per month.

Listing Details MLS# 2171642

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1092
Living Area Source: Estimated
Year Built: 1950
Lot Size Acres: 0.13
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Furnished: Furnished
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: From I 95 heading north, exit 365 onto Lem turner Rd, left onto Lem turner Cir. Turn Right on Helena st and right onto Droad St.
Public Remarks: Beautiful fully furnished 3-bedroom home in Jacksonville! Comfortable living space with kitchen, dining area, living room, indoor laundry and welcoming front porch. Offered at $1,800 per month.
List Price/SqFt: 1.65

Property Features

Appliances: Electric Oven; Electric Water Heater; Refrigerator; Washer Patio And Porch Features: Porch Water Source: Public Parking Features: On Street Sewer: Septic Tank View: Trees/Woods Fencing: Back Yard; Fenced Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Attorney Fee; Lease Prep Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/rxUPCd4
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-30
Lease Term: 12 Months
Availability Date: 2026-10-31

Location Tax and Legal

Street Number: 5727
Street Name: DROAD
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Deans

Status Change Information

Major Change Timestamp: 2026-10-30T18:49:58Z
Major Change Type: New Listing

Deposits and Fees

Pet Fee/Deposit: 300
Security Deposit: 1800

More Information

Listing Office: EAGLES WORLD REALTY, INC

Last Updated: October - 31 - 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.