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.

6406 ERMA Street, Jacksonville, FL 32244 (MLS# 2167049)

6406 ERMA Street, Jacksonville, FL 32244

$265,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,467 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $265,000 List Date: 9/30/2026 Last Modified: 11/02/2026

Overview

Description

Welcome home to this beautifully updated 3-bedroom, 2-bath residence, with an office space adjacent to the master bedroom. Offering modern finishes and stylish upgrades throughout. The completely renovated interior features a gorgeous, upgraded kitchen with granite countertops and tile flooring. Every detail has been thoughtfully refreshed to create a comfortable and inviting space that's ready for its new owner. It's located in a convenient area close to shopping, dining, entertainment and the military base. Whether you're looking for your first home, a place to settle in, or an investment opportunity, this beautifully renovated home is one you won't want to miss.

Listing Details MLS# 2167049

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1392
Living Area Source: Public Records
Building Area Total: 1467
Year Built: 1959
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.23
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: Head east onto Wilson Blvd, turn right onto Lane Ave S. Turn left onto Cinderella Rd. Turn left onto Harlow Blvd, turn right onto Jammes Rd. Turn right onto 118th St, turn left onto Erma St. The Property will be on your right.
Public Remarks: Welcome home to this beautifully updated 3-bedroom, 2-bath residence, with an office space adjacent to the master bedroom. Offering modern finishes and stylish upgrades throughout. The completely renovated interior features a gorgeous, upgraded kitchen with granite countertops and tile flooring. Every detail has been thoughtfully refreshed to create a comfortable and inviting space that's ready for its new owner. It's located in a convenient area close to shopping, dining, entertainment and the military base. Whether you're looking for your first home, a place to settle in, or an investment opportunity, this beautifully renovated home is one you won't want to miss.
List Price/SqFt: 190.37

Property Features

Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Primary Bathroom - Tub with Shower Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Available; Water Available Cooling: Central Air; Wall/Window Unit(s) Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Exterior Features: Other Patio And Porch Features: Front Porch Parking Features: Detached Current Use: Residential; Single Family Road Surface Type: Asphalt 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: 2026-09-26

Location Tax and Legal

Street Number: 6406
Street Name: ERMA
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 056-Yukon/Wesconnett/oak Hill
Subdivision Name: Cypress Gardens

Status Change Information

Major Change Timestamp: 2026-11-02T22:18:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-02T22:18:16Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Sellers Property Disclosure ›

Survey ›

Listing Office: RE FLORIDA HOMES LLC

Last Updated: November - 02 - 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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