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.

7727 FREE Avenue, Jacksonville, FL 32211 (MLS# 2168910)

7727 FREE Avenue, Jacksonville, FL 32211

$194,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,240 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $194,900 List Date: 10/12/2026 Last Modified: 10/27/2026

Overview

Description

Welcome to this beautifully renovated 3-bedroom, 1-bath home featuring extensive improvements designed for comfort, efficiency, and peace of mind. Recent upgrades include a new roof, new HVAC system, extensive plumbing improvements with a complete repipe, and electrical updates that include new lighting, ceiling fans, and circuit-board components. The interior features new flooring throughout, fresh paint on the walls, trim, baseboards, and doors, new blinds, and new appliances, including a refrigerator, range/oven, and microwave. The remodeled bathroom offers a new tub-and-shower combination, vanity, sinks, faucets, fixtures, and toilet. The exterior, trim, patio, and carport have also been freshly painted. Professional landscaping, tree and shrub trimming, fresh mulch, and pressure washing enhance the property's curb appeal. New smoke and carbon-monoxide detectors complete this move-in-ready renovation.

Supplements: No sight-unseen offers. Any offer from a buyer who has not physically viewed the property will be rejected. The information provided in this listing is the best of the seller's/ Listing agent knowledge and cannot be exclusively relied on by buyer. Buyer must independently verify all information pertaining to the property. "Seller never occupied. ... (Read more)

Listing Details MLS# 2168910

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 950
Living Area Source: Public Records
Building Area Total: 1240
Year Built: 1959
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.09
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From Southside Boulevard, travel west on Atlantic Boulevard. Turn right onto Pecan Street, then turn left onto Free Avenue. The property will be on the right.
Public Remarks: Welcome to this beautifully renovated 3-bedroom, 1-bath home featuring extensive improvements designed for comfort, efficiency, and peace of mind. Recent upgrades include a new roof, new HVAC system, extensive plumbing improvements with a complete repipe, and electrical updates that include new lighting, ceiling fans, and circuit-board components. The interior features new flooring throughout, fresh paint on the walls, trim, baseboards, and doors, new blinds, and new appliances, including a refrigerator, range/oven, and microwave. The remodeled bathroom offers a new tub-and-shower combination, vanity, sinks, faucets, fixtures, and toilet. The exterior, trim, patio, and carport have also been freshly painted. Professional landscaping, tree and shrub trimming, fresh mulch, and pressure washing enhance the property's curb appeal. New smoke and carbon-monoxide detectors complete this move-in-ready renovation.
List Price/SqFt: 205.16

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Convection Oven; Electric Water Heater; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Primary Bathroom - Tub with Shower Flooring: Luxury Vinyl Laundry Features: Electric Dryer Hookup; In Carport; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Parking Features: Additional Parking; Other Lot Features: Corner Lot Fencing: Back Yard Current Use: Residential Road Frontage Type: City Street 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: 2026-10-12

Location Tax and Legal

Street Number: 7727
Street Name: FREE
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Oakwood Villa Ests

Status Change Information

Major Change Timestamp: 2026-10-12T21:13:00Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Accepted financing ›

Listing Office: INTEGRITY KEY REALTY LLC

Last Updated: October - 27 - 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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