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.

1027 MAYFAIR CREEK Court, Jacksonville, FL 32218 (MLS# 2169224)

1027 MAYFAIR CREEK Court, Jacksonville, FL 32218

$499,900

Virtual Tour

https://www.zillow.com/view-imx/620401bd-b0f4-4d10-9426-717c574ccf1d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 4,411 Lot Size (sq. ft.): 27,007 Status: Active

Current Price: $499,900 List Date: 10/20/2026 Last Modified: 10/26/2026

Overview

Description

**VA ASSUMABLE**HUGE HOME**GREAT LOCATION** Welcome to the largest home in Bainebridge Estates! This modern, stylish 5 bed/2 bath gem spans 3,654 sqft and features tall ceilings upon entry. The bright, inviting interior boasts tons of windows and an intercom that reaches throughout. The living room includes gorgeous built-in shelving, and a cozy fireplace. The kitchen offers tons of cabinetry, stainless steel appliances, a backsplash, and a walk-in pantry. The huge primary suite features 2 walk-in closets, a bonus space (which can be an office or a movie room!), a massive walk-in shower, an elegant soaking tub, and his and hers vanities. Enjoy versatile living with an extra bonus room plus a loft. The home includes a 3-car garage, a large driveway, a new roof installed in April of this year, and the furniture is negotiable. Step outside to your own private oasis featuring a covered and screened-in patio, an open-air patio for soaking up the sun, a fenced-in backyard, and a huge side ya

Supplements: yard ideal for entertaining or relaxing. Located with no immediate neighbor to the left and friendly neighbors to the right, you will love the Friday night food trucks and community events. Enjoy a VA assumable at 2.5% rate and whole-house warranty since 2019 (few requests!). Near the airport (rarely hear planes), Lowe's, Ulta, Marshall's, Publix, ... (Read more)

Listing Details MLS# 2169224

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 3654
Living Area Source: Public Records
Building Area Total: 4411
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.62
Association YN: Yes
Association Fee: 144
Association Fee Frequency: Annually
Association Name: Bainebridge
Association Phone: 904-436-6270
CDD Fee YN: Yes
CDD Fee Amount: 1532
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: Negotiable
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From I95, take the Pecan Park exit. Make a Left on Pecan Park. In .8 miles make a right into Bainebridge Estates (Bainebridge Dr). 1/2 in, make a Left on Mayfair Creek Ct. The home is on the Right.
Public Remarks: **VA ASSUMABLE**HUGE HOME**GREAT LOCATION** Welcome to the largest home in Bainebridge Estates! This modern, stylish 5 bed/2 bath gem spans 3,654 sqft and features tall ceilings upon entry. The bright, inviting interior boasts tons of windows and an intercom that reaches throughout. The living room includes gorgeous built-in shelving, and a cozy fireplace. The kitchen offers tons of cabinetry, stainless steel appliances, a backsplash, and a walk-in pantry. The huge primary suite features 2 walk-in closets, a bonus space (which can be an office or a movie room!), a massive walk-in shower, an elegant soaking tub, and his and hers vanities. Enjoy versatile living with an extra bonus room plus a loft. The home includes a 3-car garage, a large driveway, a new roof installed in April of this year, and the furniture is negotiable. Step outside to your own private oasis featuring a covered and screened-in patio, an open-air patio for soaking up the sun, a fenced-in backyard, and a huge side ya
List Price/SqFt: 136.81

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Washer; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Programmable Thermostat; Security Security Features: Entry Phone/Intercom; Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Other Structures: Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Covered; Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Many Trees; Sprinklers In Front View: Protected Preserve Fencing: Back Yard; Fenced; Vinyl Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Community Pool; Playground; Tennis Court(s) Community Features: Curbs; Sidewalks; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-14

Location Tax and Legal

Street Number: 1027
Street Name: MAYFAIR CREEK
Street Suffix: Court
County: Duval
State: FL
Postal Code: 32218
MLS Area Major: 091-Garden City/Airport
Subdivision Name: Bainebridge Estates

Status Change Information

Major Change Timestamp: 2026-10-20T20:23:26Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: October - 26 - 2026

Information deemed reliable but not guaranteed.