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.

10435 MIDTOWN Parkway 431, Jacksonville, FL 32246 (MLS# 2168943)

10435 MIDTOWN Parkway 431, Jacksonville, FL 32246

$1,295

Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 730 Status: Active

Current Price: $1,295 List Date: 10/13/2026 Last Modified: 11/03/2026

Overview

Description

Beautiful one bedroom, one bath unit in popular Town Center complex. Water to be included in rent.

Listing Details MLS# 2168943

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Unit Type: Interior Unit
Living Area: 730
Living Area Source: Public Records
Year Built: 2006
Association YN: Yes
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 4
Entry Level: 4
Senior Community YN: No
Directions: JTB to Gate Parkway, head north to the entrance to St Johns Town Center, take right into town center, take your next right.
Public Remarks: Beautiful one bedroom, one bath unit in popular Town Center complex. Water to be included in rent.
List Price/SqFt: 1.77

Property Features

Owner Pays: Management Appliances: Dishwasher; Electric Range; Ice Maker; Microwave; Washer/Dryer Stacked Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated Association Fee Includes: Water Water Source: Public Parking Features: Assigned; Community Structure Security Features: Fire Sprinkler System; Security Gate; Smoke Detector(s) Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Rent Includes: Water Tenant Pays: All Utilities; Pest Control Pets Allowed: No

Contract Information

Rental Application URL: www.rentaxnow.com
RentEdge Syndication Y/N: No
Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-10-12
Lease Term: 12 Months
Availability Date: 2026-10-13

Location Tax and Legal

Street Number: 10435
Street Name: MIDTOWN
Street Suffix: Parkway
State: FL
County: Duval
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Esplanade At Town Center

Status Change Information

Major Change Timestamp: 2026-11-03T14:15:17Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T14:15:17Z

Deposits and Fees

Additional Fee: 125
Application Fee: 75
Security Deposit: 1400

More Information

Listing Office: RE/MAX SPECIALISTS

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

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.