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.

9606 GIBSON Avenue, Jacksonville, FL 32208 (MLS# 2125604)

9606 GIBSON Avenue, Jacksonville, FL 32208

$130,000

Property Type: Land Lot Size (sq. ft.): 43,996 Status: Pending

Current Price: $130,000 List Date: 1/17/2026 Last Modified: 10/26/2026

Overview

Description

Back on the market, no fault of the seller. Investors, entrepreneurs, and dreamers: here's your chance to live and work in one place. Three parcels totaling 1.59 acres in West Bremer Hills, Jacksonville, offer privacy and space for growth. The property includes a 1.01-acre vacant lot, a two-bedroom, one-bath house on 0.25 acres, and a 1,400 sq ft storefront with a 2,200 sq ft warehouse on 0.33 acres. Build your dream home, open a business, or just enjoy the added natural space. Conveniently located near shopping, dining, parks, and I-95. Sold as-is. See associated listings for 9606 and 9622 Gibson Avenue. This lot is included in a bundle sale MLS #'s are included: 2125609 and 2125613. Enter at own risk.

Listing Details MLS# 2125604

General Property Information

Lot Size Acres: 1.01
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: From I-295 N, take Exit 28B toward New Kings Rd/Callahan onto US‑1 N/US‑23 N (New Kings Rd) and continue 0.6 miles. Turn right onto Trout River Blvd and go 2.2 miles. Turn right onto Gibson Ave and continue 0.4 miles. Property will be on the right at 9606 Gibson Ave.
Public Remarks: Back on the market, no fault of the seller. Investors, entrepreneurs, and dreamers: here's your chance to live and work in one place. Three parcels totaling 1.59 acres in West Bremer Hills, Jacksonville, offer privacy and space for growth. The property includes a 1.01-acre vacant lot, a two-bedroom, one-bath house on 0.25 acres, and a 1,400 sq ft storefront with a 2,200 sq ft warehouse on 0.33 acres. Build your dream home, open a business, or just enjoy the added natural space. Conveniently located near shopping, dining, parks, and I-95. Sold as-is. See associated listings for 9606 and 9622 Gibson Avenue. This lot is included in a bundle sale MLS #'s are included: 2125609 and 2125613. Enter at own risk.
List Price/Acre: 128712.87

Property Features

Current Use: Residential Lot Features: Wooded Fencing: Fenced Sewer: Unknown Utilities: Other Road Frontage Type: City Street Listing Terms: Cash; Conventional Possession: Close Of Escrow Showing Requirements: Other

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-01-16

Location Tax and Legal

Street Number: 9606
Street Name: GIBSON
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Bremer Hills

Status Change Information

Major Change Timestamp: 2026-10-26T20:06:54Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-03T13:31:28Z
Purchase Contract Date: 2026-10-26

More Information

Documents

Offer Instructions ›

Listing Office: WATSON REALTY CORP

Last Updated: October - 26 - 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