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.

10075 GATE Parkway N 302, Jacksonville, FL 32246 (MLS# 2171032)

10075 GATE Parkway N 302, Jacksonville, FL 32246

$199,500

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,326 Status: Active

Current Price: $199,500 List Date: 10/27/2026 Last Modified: 10/27/2026

Overview

Description

This ground-floor 3-bedroom, 2-bathroom condo features neutral LVP flooring throughout, an open granite kitchen with stainless steel appliances, a walk-in laundry area, and a remodeled second bath with a walk-in shower and pebble stone tile. Additional highlights include plantation shutters, walk-in closets with built in shelfs, a workspace alcove, and a convenient location near the community clubhouse, pool, and fitness amenities.

Listing Details MLS# 2171032

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1326
Living Area Source: Public Records
Year Built: 2001
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 340
Association Fee Frequency: Monthly
Association Name: FirstService Residential
Association Phone: 904-928-3373
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 3
Senior Community YN: No
Directions: Gate Parkway N of JTB and Town Center Dr to light at Shiloh Mill Blvd and right into Mirabella. Use gate on the right past Clubhouse and a right at the stop sign once through the gate.
Public Remarks: This ground-floor 3-bedroom, 2-bathroom condo features neutral LVP flooring throughout, an open granite kitchen with stainless steel appliances, a walk-in laundry area, and a remodeled second bath with a walk-in shower and pebble stone tile. Additional highlights include plantation shutters, walk-in closets with built in shelfs, a workspace alcove, and a convenient location near the community clubhouse, pool, and fitness amenities.
List Price/SqFt: 150.45

Property Features

Appliances: Electric Oven; Electric Range; Microwave; Refrigerator Utilities: Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Parking Features: Parking Lot Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2026-10-23
Unit Type: Other

Location Tax and Legal

Street Number: 10075
Street Name: GATE
Street Suffix: Parkway
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Mirabella

Status Change Information

Major Change Timestamp: 2026-10-27T14:07:02Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: VREELAND REAL ESTATE LLC

Last Updated: October - 27 - 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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