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.

9258 11TH Avenue, Jacksonville, FL 32208 (MLS# 2143331)

9258 11TH Avenue, Jacksonville, FL 32208

$109,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,016 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $109,000 List Date: 5/04/2026 Last Modified: 11/04/2026

Overview

Description

INVESTORS DREAM!!! Property with great bones and a double lot with so much potential! Property is VACANT and the roof is currently being replaced! Home is in the current phase to to connected to city sewage, has had electrical upgrades and has a New water heater!

Listing Details MLS# 2143331

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1016
Living Area Source: Public Records
Year Built: 1947
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.23
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: I-95, Exit 357 onto Fl 111S, Take Edgewood Ave W to FL-115 North. Turn Left onto Soutel Dr and Left onto 11th AVE.
Public Remarks: INVESTORS DREAM!!! Property with great bones and a double lot with so much potential! Property is VACANT and the roof is currently being replaced! Home is in the current phase to to connected to city sewage, has had electrical upgrades and has a New water heater!
List Price/SqFt: 107.28

Property Features

Architectural Style: Ranch Levels: One Property Condition: Fixer Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Oven; Electric Water Heater Interior Features: Walk-In Closet(s) Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Construction Materials: Aluminum Siding; Vinyl Siding Other Structures: Shed(s) Patio And Porch Features: Covered; Front Porch; Porch; Screened Roof: Shingle Parking Features: Additional Parking; Carport; Detached; Detached Carport; Off Street; On Street Lot Features: Split Possible View: Trees/Woods Fencing: Full Current Use: Residential; Single Family Community Features: Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-05-04

Location Tax and Legal

Street Number: 9258
Street Name: 11TH
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Armstrong Riverview

Status Change Information

Major Change Timestamp: 2026-09-29T18:48:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-29T18:48:15Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Offer Instructions ›

Sellers Property Disclosure ›

Flood ›

Lead ›

Listing Office: REAL BROKER LLC

Last Updated: November - 04 - 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.