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.

864 CENTENNIAL Street, Jacksonville, FL 32211 (MLS# 2095069)

864 CENTENNIAL Street, Jacksonville, FL 32211

$1,550

Property Type: Residential Lease Bedrooms: 2 Baths: 3 Square Footage: 1,110 Lot Size (sq. ft.): 1,307 Status: Closed

Current Price: $1,550 List Date: 6/24/2025 Last Modified: 11/04/2026

Overview

Description

**Fantastic 2 bd and 2.5 bath Town Home in Arlington & Southside area** Location, location, and location! Total Convenience Town Home community!! Located minutes from Downtown, airport, Mayport, Amelia Island, St. John's Town Center, UNF, the Mayo Clinic and the beaches makes this spacious 2-bedroom, 2.5 bath townhouse an ideal place to call it as home! This delightful townhome offers an ideal outdoor space with your own backyard - the large back yard is perfect for families and get-togethers! The main level features an open floor plan equipped with a spacious kitchen and nickel hardware. The second floor features oversized Master bed with walk in closet and with attached bathroom, built in with newer Washer/Dryer,

Listing Details MLS# 2095069

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1110
Living Area Source: Public Records
Year Built: 2022
Lot Size Acres: 0.03
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: I-295 exit 48 Atlantic Blvd., W. Cont on Arl. Expwy 1.4 mi. Take 1st RT onto Arlington Exp Srvc Rd. Straight thru roundabout to Community
Public Remarks: **Fantastic 2 bd and 2.5 bath Town Home in Arlington & Southside area** Location, location, and location! Total Convenience Town Home community!! Located minutes from Downtown, airport, Mayport, Amelia Island, St. John's Town Center, UNF, the Mayo Clinic and the beaches makes this spacious 2-bedroom, 2.5 bath townhouse an ideal place to call it as home! This delightful townhome offers an ideal outdoor space with your own backyard - the large back yard is perfect for families and get-togethers! The main level features an open floor plan equipped with a spacious kitchen and nickel hardware. The second floor features oversized Master bed with walk in closet and with attached bathroom, built in with newer Washer/Dryer,
List Price/SqFt: 1.4
Sold Price/SqFt: 1.4

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: In-Law Floorplan; Primary Bathroom - Tub with Shower; Split Bedrooms; Vaulted Ceiling(s) Patio And Porch Features: Porch Water Source: Public Parking Features: Assigned; Off Street Security Features: Smoke Detector(s) Utilities: Cable Available; Other Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Electricity; Sewer; Trash Collection; Water Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/o_cP9DQ
Property Sub Type: Townhouse
Listing Contract Date: 2025-06-24
Lease Term: 12 Months
Availability Date: 2025-08-03

Location Tax and Legal

Street Number: 864
Street Name: CENTENNIAL
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Rivergate

Status Change Information

Major Change Timestamp: 2025-10-12T15:00:25Z
Major Change Type: Status Change
Price Change Timestamp: 2025-08-19T15:23:38Z
Purchase Contract Date: 2025-09-22
Close Date: 2025-10-11
Close Price: 1550

Deposits and Fees

Additional Fee: 75
Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 1650

More Information

Listing Office: VSP REALTY & PROPERTY MANAGEMENT

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare