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.

0 GRIFFIS Road, Jacksonville, FL 32234 (MLS# 2047660)

0 GRIFFIS Road, Jacksonville, FL 32234

$678,980

Property Type: Land Lot Size (sq. ft.): 938,718 Status: Active

Current Price: $678,980 List Date: 1/06/2026 Last Modified: 11/04/2026

Overview

Description

This 28.08 acres +/- of land sits near US-301 and Maxville-MacClenny Hwy. The traffic counts on US-301 is an estimated 35,500 vehicles per day. Residential and commercial development in the area. Two real estate parcels are included in this sale (RE# 001178-0000 and RE#001188-0000).

Listing Details MLS# 2047660

General Property Information

Lot Size Acres: 21.55
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Turn left onto US-301 S. Turn right onto Arkansas Ave. Turn right onto Griffis Rd.
Public Remarks: This 28.08 acres +/- of land sits near US-301 and Maxville-MacClenny Hwy. The traffic counts on US-301 is an estimated 35,500 vehicles per day. Residential and commercial development in the area. Two real estate parcels are included in this sale (RE# 001178-0000 and RE#001188-0000).
List Price/Acre: 31507.19

Property Features

Current Use: Residential; Single Family; Unimproved Lot Features: Corner Lot; Cul-De-Sac; Dead End Street; Easement Access; Many Trees Utilities: Electricity Available; Sewer Available Pool Features: None Listing Terms: Cash; Conventional Possession: Close Of Escrow

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2024-09-16

Location Tax and Legal

Street Name: GRIFFIS
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32234
MLS Area Major: 066-Cecil Commerce Area
Subdivision Name: Maxville Farms

Status Change Information

Major Change Timestamp: 2026-10-30T03:05:42Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-30T03:05:42Z

More Information

Listing Office: EXP REALTY 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.

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