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.

10040 N PEBBLE RIDGE Drive N, Jacksonville, FL 32220 (MLS# 2167197)

10040 N PEBBLE RIDGE Drive N, Jacksonville, FL 32220

$385,000

Virtual Tour

https://www.zillow.com/view-imx/e7b373eb-3fc0-4638-afd7-a3d0f5b7972a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,611 Lot Size (sq. ft.): 22,216 Status: Pending

Current Price: $385,000 List Date: 9/30/2026 Last Modified: 10/29/2026

Overview

Description

Location, Location, Location!! No CDD, Low HOA! A charming, established neighborhood where homes are situated on generous acreage lots rather than typical tract-style parcels. This beautiful all-brick home situated on a spacious .51-acre lot with a peaceful pond view and mature trees. This well maintained 3 bedroom, 2 bathroom home features a desirable split bedroom floor plan, ceiling fans throughout, and a bright sunroom with new faux-wood blinds, perfect for relaxing and enjoying the view. Recent updates include new LVP Flooring in the kitchen, laundry room/utility room, and primary bathroom. New interior paint(including garage), new garbage disposal, new HVAC with Wi/fi thermostat, new alarm and pump on septic system and drain. With its generous lot, serene pond setting, and brick exterior, this home offers comfortable living with plenty of space to enjoy. Close to major interstate. Come see all that this amazing home has to offer!!

Supplements: NOTE: BUYER TO VERIFY SQUARE FOOTAGE.

Listing Details MLS# 2167197

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2068
Living Area Source: Assessor
Building Area Total: 2611
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.51
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Annually
Association Name: Pebble Ridge Homeowner Association
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From I-10 West, Exit onto Hammond Road, Right at Stop Light, Left onto Beaver Street, Right on Jones Road, left on Old Plank Road, Right on Pebble Ridge Drive.
Public Remarks: Location, Location, Location!! No CDD, Low HOA! A charming, established neighborhood where homes are situated on generous acreage lots rather than typical tract-style parcels. This beautiful all-brick home situated on a spacious .51-acre lot with a peaceful pond view and mature trees. This well maintained 3 bedroom, 2 bathroom home features a desirable split bedroom floor plan, ceiling fans throughout, and a bright sunroom with new faux-wood blinds, perfect for relaxing and enjoying the view. Recent updates include new LVP Flooring in the kitchen, laundry room/utility room, and primary bathroom. New interior paint(including garage), new garbage disposal, new HVAC with Wi/fi thermostat, new alarm and pump on septic system and drain. With its generous lot, serene pond setting, and brick exterior, this home offers comfortable living with plenty of space to enjoy. Close to major interstate. Come see all that this amazing home has to offer!!
List Price/SqFt: 186.17

Property Features

Architectural Style: Ranch Levels: One Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Luxury Vinyl; Tile Laundry Features: In Unit Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Available; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Security Features: Smoke Detector(s) Construction Materials: Brick; Frame Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Dead End Street; Few Trees; Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Current Use: Ranch; Residential; Single Family Community Features: Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan