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.

652 FERN Street, Jacksonville, FL 32206 (MLS# 2170343)

652 FERN Street, Jacksonville, FL 32206

$90,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,354 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $90,000 List Date: 10/22/2026 Last Modified: 10/28/2026

Overview

Description

3 bedrooms, 1 full bathroom with a very spacious 792 square foot building in the back that could be many things; 2nd house to rent out but you will need to hook up your utilities (electric, water & sewage) or allow this to be your man cave, she shed, extra storage for kid toys, bikes or whatever you can imagine. It is a great addition to the already spacious 3/1. Beautiful large front porch. Does need re-screening. Home could use a fresh paint job, flooring in 2 of the bedrooms since it has original hardwood floors that are chipping & updates throughout the home. Roof replaced in year 2011. Central heat and air system. 3 year old water heater. Listing Agent has been property managing home for the last 8 years.

Listing Details MLS# 2170343

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1354
Living Area Source: Public Records
Year Built: 1927
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: I-95 North to Golfair Blvd. Turn right off the exit. Turn right on Fern Street. 652 Fern Street is on your right.
Public Remarks: 3 bedrooms, 1 full bathroom with a very spacious 792 square foot building in the back that could be many things; 2nd house to rent out but you will need to hook up your utilities (electric, water & sewage) or allow this to be your man cave, she shed, extra storage for kid toys, bikes or whatever you can imagine. It is a great addition to the already spacious 3/1. Beautiful large front porch. Does need re-screening. Home could use a fresh paint job, flooring in 2 of the bedrooms since it has original hardwood floors that are chipping & updates throughout the home. Roof replaced in year 2011. Central heat and air system. 3 year old water heater. Listing Agent has been property managing home for the last 8 years.
List Price/SqFt: 66.47

Property Features

Levels: One Appliances: Electric Range; Electric Water Heater; Refrigerator Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Parking Features: Attached Current Use: Investment 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: 2026-10-21

Location Tax and Legal

Street Number: 652
Street Name: FERN
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Brentwood

Status Change Information

Major Change Timestamp: 2026-10-22T02:02:38Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: SUBLETT ESTATES

Last Updated: October - 28 - 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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