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.

10518 ANCHORAGE COVE Lane, Jacksonville, FL 32257 (MLS# 2166588)

10518 ANCHORAGE COVE Lane, Jacksonville, FL 32257

$308,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,733 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $308,000 List Date: 9/25/2026 Last Modified: 11/02/2026

Overview

Description

OPEN HOUSE 11/8 2-5PM. SELLER CONCESSIONS! FULLY RENOVATED in Mandarin with an ASSUMABLE LOAN at 5.7%! This move-in-ready home combines extensive updates, quality finishes, and one of Jacksonville's most established locations. Inside, you'll find a recent full renovation featuring luxury vinyl plank flooring, new carpet, NEW windows, a NEW HVAC system, NEW water heater, and refreshed finishes throughout. A clean, modern interior that feels fresh, comfortable, and ready to enjoy from day one. Located in the heart of Mandarin, the home offers a quiet residential setting with convenient access to shopping, dining, parks, I-295, and the rest of Jacksonville. One of the biggest advantages is the existing ASSUMABLE VA LOAN at 5.7% interest. The loan may be assumable by a qualified buyer, including non-VA buyers, subject to lender/servicer and applicable VA approval. FULL RENOVATION. NEW WINDOWS, HVAC, WATER HEATER, LVP FLOORING, CARPET, MOVE-IN READY. ASSUMABLE 5.7% VA LOAN. NO HOA or CDD.

Supplements: Showings by appointment only. Please inquire with any questions. All offers must be submitted via email. No sight-unseen offers. See documents tab for REQUIRED addenda. All contracts MUST include pre-approval or proof of funds. Please submit offers on FARBAR AS-IS contract per seller request.

Open Houses

Sunday, November 8, 2:00 pm - 5:00 pm

Listing Details MLS# 2166588

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1216
Living Area Source: Assessor
Building Area Total: 1733
Year Built: 1982
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.16
Association YN: No
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: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: From San Jose Blvd turn East on Hartley Rd. Turn North on Anchorage Cove Ln. The home is the corner lot on the Left
Public Remarks: OPEN HOUSE 11/8 2-5PM. SELLER CONCESSIONS! FULLY RENOVATED in Mandarin with an ASSUMABLE LOAN at 5.7%! This move-in-ready home combines extensive updates, quality finishes, and one of Jacksonville's most established locations. Inside, you'll find a recent full renovation featuring luxury vinyl plank flooring, new carpet, NEW windows, a NEW HVAC system, NEW water heater, and refreshed finishes throughout. A clean, modern interior that feels fresh, comfortable, and ready to enjoy from day one. Located in the heart of Mandarin, the home offers a quiet residential setting with convenient access to shopping, dining, parks, I-295, and the rest of Jacksonville. One of the biggest advantages is the existing ASSUMABLE VA LOAN at 5.7% interest. The loan may be assumable by a qualified buyer, including non-VA buyers, subject to lender/servicer and applicable VA approval. FULL RENOVATION. NEW WINDOWS, HVAC, WATER HEATER, LVP FLOORING, CARPET, MOVE-IN READY. ASSUMABLE 5.7% VA LOAN. NO HOA or CDD.
List Price/SqFt: 253.29

Property Features

Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Convection Oven; Dishwasher; Dryer; Electric Cooktop; Electric Oven; Freezer; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Primary Bathroom - Tub with Shower; Vaulted Ceiling(s) Flooring: Carpet; Luxury Vinyl Laundry Features: In Garage Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Smart Home Features: Smoke Detector Security Features: Security Fence; Security Lights Construction Materials: Wood Siding Other Structures: Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Patio Roof: Shingle Parking Features: Additional Parking; Garage; Garage Door Opener; On Street Lot Features: Corner Lot; Cul-De-Sac Fencing: Back Yard; Privacy; Wood Current Use: Residential Community Features: Curbs; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan Room Types: Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-25

Location Tax and Legal

Street Number: 10518
Street Name: ANCHORAGE COVE
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Anchorage Cove Lane

Status Change Information

Major Change Timestamp: 2026-11-02T15:25:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-02T15:25:36Z

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Room Types

Primary Bedroom Level: Upper

Documents

Flood Disclosure ›

Listing Office: MOMENTUM REALTY

Last Updated: November - 02 - 2026

Information deemed reliable but not guaranteed.