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.

10122 KOSTER Street, Jacksonville, FL 32256 (MLS# 2155574)

10122 KOSTER Street, Jacksonville, FL 32256

$1,095,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,225 Lot Size (sq. ft.): 10,890 Status: Active Under Contract

Current Price: $1,095,000 List Date: 7/16/2026 Last Modified: 11/03/2026

Overview

Description

$80,000 PRICE IMPROVEMENT — NOW $1,095,000! BRING US AN OFFER! Welcome to elevated Florida living in the sought-after Edison community of eTown! Now offered at $1,095,000, this stunning 5-bedroom, 4-bath home combines modern design, exceptional upgrades, and a prime cul-de-sac location. Built just three years ago, this thoughtfully designed home features a first-floor primary suite and guest suite, flex room, oversized laundry room, and spacious 3-car garage. The gourmet kitchen offers quality finishes and a functional layout perfect for everyday living and entertaining. The spacious primary suite features a beautiful bay window, two large walk-in closets, and a spa-inspired bath. Upstairs, three additional bedrooms and a generous flex room provide plenty of space for family, guests, a home office, or playroom. Enjoy year-round Florida living from the covered porch with retractable screen, creating the perfect spot to relax or entertain.

Listing Details MLS# 2155574

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 4225
Living Area Source: Public Records
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 357
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1679
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: From I-295 South, take Baymeadows Rd exit; take left and then immediate right onto Annie Eliza Rd; right onto RG Skinner Pkwy; left onto Madelynn Rd (Edison entrance); right onto Koster St
Public Remarks: $80,000 PRICE IMPROVEMENT — NOW $1,095,000! BRING US AN OFFER! Welcome to elevated Florida living in the sought-after Edison community of eTown! Now offered at $1,095,000, this stunning 5-bedroom, 4-bath home combines modern design, exceptional upgrades, and a prime cul-de-sac location. Built just three years ago, this thoughtfully designed home features a first-floor primary suite and guest suite, flex room, oversized laundry room, and spacious 3-car garage. The gourmet kitchen offers quality finishes and a functional layout perfect for everyday living and entertaining. The spacious primary suite features a beautiful bay window, two large walk-in closets, and a spa-inspired bath. Upstairs, three additional bedrooms and a generous flex room provide plenty of space for family, guests, a home office, or playroom. Enjoy year-round Florida living from the covered porch with retractable screen, creating the perfect spot to relax or entertain.
List Price/SqFt: 259.17

Property Features

Architectural Style: Contemporary Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Butler Pantry; Ceiling Fan(s); Entrance Foyer; Guest Suite; His and Hers Closets; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Home; Walk-In Closet(s) Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Locks; Programmable Thermostat; Security Security Features: Security Gate; Security System Leased; Smoke Detector(s) Construction Materials: Block; Stucco Exterior Features: Balcony Patio And Porch Features: Covered; Rear Porch; Side Porch Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Barbecue; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground Community Features: Curbs; Gated; Sidewalks; Street Lights; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal