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.

7002 GARDEN Street, Jacksonville, FL 32219 (MLS# 2107417)

7002 GARDEN Street, Jacksonville, FL 32219

$290,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,188 Lot Size (sq. ft.): 124,146 Status: Closed

Current Price: $290,000 List Date: 9/05/2025 Last Modified: 10/26/2026

Overview

Description

This offering includes two properties being sold together: 7002 and 7010 Garden Street. 7002 Garden Street features an oversized two-car garage and a modified mobile home. The northeast base of the home is situated above the septic tank that serves this property, with stated alternative access. The garage is approximately 3.3 feet from the boundary shared with 7010 Garden Street. 7010 Garden Street is a 3-bedroom, 2-bath home in need of some TLC. This property also includes an oversized two-car garage and a barn. The shared well that serves both properties is located here. These properties are ideal for families wanting to live close to each other, perfect for parents and kids, or as investment rentals. Located in an up-and-coming area that still retains a country feel, these homes are free from CDD and HOA fees. Just minutes from I-295, Baptist North Medical Campus, Jacksonville International Airport, and River City Marketplace with shopping and dining.

Listing Details MLS# 2107417

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2188
Living Area Source: Assessor
Year Built: 1984
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 2.85
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
Stories: Yes
Senior Community YN: No
Directions: From I-295, head north on New Kings Road. Turn left at the first traffic light onto Trout River Boulevard. Continue west on Trout River Boulevard, and the properties will be on the left.
Public Remarks: This offering includes two properties being sold together: 7002 and 7010 Garden Street. 7002 Garden Street features an oversized two-car garage and a modified mobile home. The northeast base of the home is situated above the septic tank that serves this property, with stated alternative access. The garage is approximately 3.3 feet from the boundary shared with 7010 Garden Street. 7010 Garden Street is a 3-bedroom, 2-bath home in need of some TLC. This property also includes an oversized two-car garage and a barn. The shared well that serves both properties is located here. These properties are ideal for families wanting to live close to each other, perfect for parents and kids, or as investment rentals. Located in an up-and-coming area that still retains a country feel, these homes are free from CDD and HOA fees. Just minutes from I-295, Baptist North Medical Campus, Jacksonville International Airport, and River City Marketplace with shopping and dining.
List Price/SqFt: 148.54
Sold Price/SqFt: 132.54

Property Features

Appliances: Electric Range; Electric Water Heater Utilities: Cable Available; Electricity Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Well Sewer: Septic Tank Roof: Shingle Parking Features: Additional Parking; Carport; Garage; Garage Door Opener Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-05

Location Tax and Legal

Street Number: 7002
Street Name: GARDEN
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32219
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Section Land

Status Change Information

Major Change Timestamp: 2025-11-05T22:50:26Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-11
Close Date: 2025-11-05
Close Price: 290000

Accessory Dwelling Information

Dwelling Type: Other
ADU Attached Y/N: No
Bathrooms: 2

More Information

Fireplace Features

Fireplaces Total: Yes

DPR Eligible

DPR Eligible: No

Documents

Partial Survey ›

Listing Office: ANNALYECE REALTY LLC

Last Updated: October - 26 - 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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