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.

10566 SCOTT MILL Road, Jacksonville, FL 32257 (MLS# 2167835)

10566 SCOTT MILL Road, Jacksonville, FL 32257

$995,900

Property Type: Land Lot Size (sq. ft.): 123,710 Status: Active

Current Price: $995,900 List Date: 10/05/2026 Last Modified: 11/03/2026

Overview

Description

River front property is available in The Heart of Mandarin. This Waterfront estate is Large enough to build your Dream House. 2.84 acres with exception of 120'Riverfront. Views of downtown and NAS Jax. You can Boat to any of the local riverfront restaurants, nightlife, Jags games. Some of the best fishing on the St. Johns River is right off your own dock with access to the Intracoastal Waterway and Atlantic Ocean. 330' Dock and double bulkhead, deep water and ocean access. Views of downtown and NAS JAX w minimal road frontage traffic. Enjoy beautiful sunrises and sunsets. The Possibilities are Endless! Also listed as a Residential Listing MLS#1247267

Listing Details MLS# 2167835

General Property Information

Lot Size Acres: 2.84
Lot Size Dimensions: 96 x 1200
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Frontage Feet: 125
Senior Community YN: No
Directions: 295 and exit on San Jose Blvd. North. Take a left on Oak Bluff followed by a left on Scott Mill Road. Property will be the last road to river property just before the overpass entrance.
Public Remarks: River front property is available in The Heart of Mandarin. This Waterfront estate is Large enough to build your Dream House. 2.84 acres with exception of 120'Riverfront. Views of downtown and NAS Jax. You can Boat to any of the local riverfront restaurants, nightlife, Jags games. Some of the best fishing on the St. Johns River is right off your own dock with access to the Intracoastal Waterway and Atlantic Ocean. 330' Dock and double bulkhead, deep water and ocean access. Views of downtown and NAS JAX w minimal road frontage traffic. Enjoy beautiful sunrises and sunsets. The Possibilities are Endless! Also listed as a Residential Listing MLS#1247267
List Price/Acre: 350669.01

Property Features

Current Use: Residential; Single Family Lot Features: Wooded; Other Fencing: Fenced; Wood Sewer: Private Sewer Utilities: Other Water Source: Well View: River Waterfront Features: Navigable Water; Ocean Front; River Front Road Surface Type: Asphalt; Gravel Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-10-05

Location Tax and Legal

Street Number: 10566
Street Name: SCOTT MILL
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Sylvan Bluff

Status Change Information

Major Change Timestamp: 2026-11-03T19:50:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T19:50:43Z

More Information

Listing Office: WATSON REALTY CORP

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare