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.

6115 DUKE Road, Jacksonville, FL 32217 (MLS# 1056450)

6115 DUKE Road, Jacksonville, FL 32217

$180,000

Virtual Tour

https://jwleephoto.hd.pics/6115-Duke-Rd/idx

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,173 Status: Closed

Current Price: $180,000 List Date: 6/03/2020 Last Modified: 11/04/2026

Overview

Description

This beautiful Bungalow is ready for its new owner! Hardwood floors throughout, updated kitchen, large family room with fireplace and built in shelving, light and bright sunroom, updated bathroom, HUGE, private over-sized back yard, beautiful oak trees and much more.

Listing Details MLS# 1056450

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1173
Living Area Source: Public Records
Year Built: 1950
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: North on San Jose to right on University to right on Duke.
Public Remarks: This beautiful Bungalow is ready for its new owner! Hardwood floors throughout, updated kitchen, large family room with fireplace and built in shelving, light and bright sunroom, updated bathroom, HUGE, private over-sized back yard, beautiful oak trees and much more.
List Price/SqFt: 153.45
Sold Price/SqFt: 153.45

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat; Other Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Built-in Features Flooring: Wood Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Leased Construction Materials: Brick Veneer Pool Features: None Fencing: Fenced; Full Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-06-03

Location Tax and Legal

Street Number: 6115
Street Name: DUKE
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32217
MLS Area Major: 012-San Jose
Subdivision Name: Lakewood

Status Change Information

Major Change Timestamp: 2020-07-08T18:35:52Z
Major Change Type: Status Change
Purchase Contract Date: 2020-06-24
Close Date: 2020-07-06
Close Price: 180000

Historical Information

Public Historical Remarks 1: Fireplace-Living Room: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y

More Information

Room Information

Room Name
Florida Room
Utility Room

Listing Office: FLORIDA HOMES REALTY & MTG LLC

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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