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 MCLAURIN Road E, Jacksonville, FL 32256 (MLS# 2011840)

0 MCLAURIN Road E, Jacksonville, FL 32256

$178,000

https://vimeo.com/918431070?share=copy

Property Type: Land Lot Size (sq. ft.): 62,726 Status: Active

Current Price: $178,000 List Date: 3/14/2024 Last Modified: 10/31/2026

Overview

Listing Details MLS# 2011840

General Property Information

Number Of Lots: Yes
Lot Size Acres: 1.44
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From 295 South, take exit to Philips Hwy, make left toward avenue Mall, make left on fortune Pkwy, immediately make right to McLaurin Road, again make right to McLaurin E, follow the dirty road until
List Price/Acre: 123611.11

Property Features

Current Use: Multi-Family; Residential; Single Family; Unimproved Lot Features: Many Trees Utilities: Other Water Source: None Road Surface Type: Dirt Road Frontage Type: Unimproved Pool Features: None Listing Terms: Cash; Conventional Possession: Close Of Escrow Development Status: Raw Land

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2024-02-28

Location Tax and Legal

Street Name: MCLAURIN
Street Suffix: Road
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Section Land

Status Change Information

Major Change Timestamp: 2026-05-01T03:24:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-01T03:24:06Z

More Information

Documents

Survery ›

SPD ›

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: October - 31 - 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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