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.

8161 THRASHER Avenue, Jacksonville, FL 32219 (MLS# 2167135)

8161 THRASHER Avenue, Jacksonville, FL 32219

$167,400

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,450 Lot Size (sq. ft.): 21,780 Status: Active

Current Price: $167,400 List Date: 9/30/2026 Last Modified: 10/26/2026

Overview

Description

Unique investment opportunity situated on a spacious half-acre lot with two separate dwellings! The front residence features 3 bedrooms and 2 bathrooms. The back unit is a separate 1 bedroom, 1 bath residence sits toward the rear of the property and is currently vacant, offering additional income potential, space for extended family, or a variety of other possibilities. The rear unit is in need of some TLC, giving the next owner an opportunity to make improvements and add value. With two dwellings and an oversized lot, this property offers plenty of flexibility for an investor or owner occupant looking to offset expenses with rental income. Bring your vision and take advantage of the potential this unique property has to offer!

Listing Details MLS# 2167135

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1450
Living Area Source: Appraiser
Year Built: 1963
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 0.5
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: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Take 295N to New Kings and turn right then make a right on Finch and right on Thrasher Ave and home is last one on the right.
Public Remarks: Unique investment opportunity situated on a spacious half-acre lot with two separate dwellings! The front residence features 3 bedrooms and 2 bathrooms. The back unit is a separate 1 bedroom, 1 bath residence sits toward the rear of the property and is currently vacant, offering additional income potential, space for extended family, or a variety of other possibilities. The rear unit is in need of some TLC, giving the next owner an opportunity to make improvements and add value. With two dwellings and an oversized lot, this property offers plenty of flexibility for an investor or owner occupant looking to offset expenses with rental income. Bring your vision and take advantage of the potential this unique property has to offer!
List Price/SqFt: 115.45

Property Features

Architectural Style: Ranch Levels: One Appliances: Electric Range Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Roof: Shingle; Other Parking Features: Off Street Fencing: Chain Link 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: 2026-09-30

Location Tax and Legal

Street Number: 8161
Street Name: THRASHER
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32219
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Lincoln Villas

Status Change Information

Major Change Timestamp: 2026-10-26T20:55:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T20:55:15Z

Accessory Dwelling Information

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

More Information

Green Energy

Ownership: Seller Owned

DPR Eligible

DPR Eligible: Yes

Listing Office: THE THAYVER GROUP

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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