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.

10657 HEMMING Road, Jacksonville, FL 32225 (MLS# 2009296)

10657 HEMMING Road, Jacksonville, FL 32225

$471,100

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,187 Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $471,100 List Date: 2/21/2024 Last Modified: 10/23/2026

Overview

Description

You are going to love this beautiful ranch home located in Holly Oaks! Bring your boat! Bring your RV! There is plenty of space for everything on this nearly impossible to find half-acre lot that is centrally located. You will be a short 15 minutes from downtown, the ocean and the Town Center. There is plenty of retail shopping nearby, and a boat ramp is just down the road. Need an in-law suite? There is plenty of room to build on this property. This home has been thoughtfully updated and renovated over the years and has a historic charm that cannot be found in newer construction. Recent upgrades include a roof that is under two years old, completely remodeled ensuite bath with marble tile, new plumbing throughout with connections to both city water and sewer, new irrigation system and pump, plantation shutters, crown molding and neutral colors. The backyard is meticulously maintained and has a new fence for privacy. This home is reminiscent of Old Florida with a beautiful sparkling

Supplements: saltwater pool with a new pump and filter and is surrounded by mature oaks. Spend your evenings relaxing on the recently constructed gazebo watching the sunset or by the firepit listening to nature. This home is wonderfully maintained and offers 3 bedrooms/2 baths and is move-in ready. The kitchen is light and bright with stainless steel appliances ... (Read more)

Listing Details MLS# 2009296

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2187
Living Area Source: Measured
Year Built: 1959
Lot Size Acres: 0.5
Lot Size Dimensions: 132 X 89 110 X 89
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-295, take Exit 47, Monument Rd East, L on St Johns Bluff Rd, L on Hemming Rd, home is 2nd one on the right.
Public Remarks: You are going to love this beautiful ranch home located in Holly Oaks! Bring your boat! Bring your RV! There is plenty of space for everything on this nearly impossible to find half-acre lot that is centrally located. You will be a short 15 minutes from downtown, the ocean and the Town Center. There is plenty of retail shopping nearby, and a boat ramp is just down the road. Need an in-law suite? There is plenty of room to build on this property. This home has been thoughtfully updated and renovated over the years and has a historic charm that cannot be found in newer construction. Recent upgrades include a roof that is under two years old, completely remodeled ensuite bath with marble tile, new plumbing throughout with connections to both city water and sewer, new irrigation system and pump, plantation shutters, crown molding and neutral colors. The backyard is meticulously maintained and has a new fence for privacy. This home is reminiscent of Old Florida with a beautiful sparkling
List Price/SqFt: 214.45
Sold Price/SqFt: 215.41

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile; Vinyl; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Block; Brick; Vinyl Siding Other Structures: Gazebo; Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Glass Enclosed; Porch; Rear Porch Pool Features: In Ground; Fenced; Salt Water Roof: Shingle Parking Features: Additional Parking; Attached Carport Lot Features: Split Possible; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Fenced; Wood Current Use: Single Family Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Showing Requirements: Other Contingency Reason: Appraisal; Financing