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.

901 OCEAN Boulevard 49, Atlantic Beach, FL 32233 (MLS# 882574)

901 OCEAN Boulevard 49, Atlantic Beach, FL 32233

$198,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,024 Status: Closed

Current Price: $198,000 List Date: 5/17/2017 Last Modified: 1/08/2025

Overview

Description

3 BR 2 BA Seaplace Unit. Ground Floor. Steps to Ocean. Freshly painted. New carpet. Being sold ''As Is'' Seller hasn't lived in this condo for many years. Has been Rented.

Listing Details MLS# 882574

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1024
Living Area Source: Public Records
Year Built: 1966
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 445
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 3
Entry Level: Yes
Directions: N on Ocean Blvd from Atlantic Blvd. Right on 10th St. Unit 49 is on your right.
Public Remarks: 3 BR 2 BA Seaplace Unit. Ground Floor. Steps to Ocean. Freshly painted. New carpet. Being sold ''As Is'' Seller hasn't lived in this condo for many years. Has been Rented.
List Price/SqFt: 194.34
Sold Price/SqFt: 193.36

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Primary Bathroom - Shower No Tub Flooring: Carpet; Tile Utilities: Cable Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Roof: Shingle Parking Features: Assigned Lot Features: Wooded Current Use: Multi-Family Association Amenities: Community Pool; Management - Full Time Association Fee Includes: Maintenance Grounds Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2017-05-17

Location Tax and Legal

Street Number: 901
Street Name: OCEAN
Street Suffix: Boulevard
County: Duval
State: FL
Postal Code: 32233
MLS Area Major: 231-Atlantic Beach-North
Subdivision Name: Seaplace

Status Change Information

Major Change Timestamp: 2017-06-16T13:13:45Z
Major Change Type: Status Change
Purchase Contract Date: 2017-06-10
Close Date: 2017-06-15
Close Price: 198000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Fireplace-Family Room: Y

Listing Office: WATSON REALTY CORP

Last Updated: January - 08 - 2025

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.