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.

10689 COLEMAN Road, Jacksonville, FL 32257 (MLS# 1027022)

10689 COLEMAN Road, Jacksonville, FL 32257

$247,500

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,449 Status: Closed

Current Price: $247,500 List Date: 11/25/2019 Last Modified: 11/04/2026

Overview

Description

Come see this beautifully remodeled home tucked away on a massive wooded lot! This home features a brand new roof, hvac, kitchen cabinets, granite, SS appliances, LVP, carpets, fixtures and much more!! Plenty of room in the back yard to add a pool!! Upon entering the home you will immediately notice the massive vaulted ceilings and tons of natural light!! Enjoy entertaining in your large kitchen and massive backyard! Perfect for summer cookouts!

Listing Details MLS# 1027022

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1449
Living Area Source: Public Records
Year Built: 1981
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Old St Augustine to hood road. First right onto Coleman. Follow Coleman around until you see the group of mail boxes on your left and a no trespassing sign. Turn left and follow around to the right.
Public Remarks: Come see this beautifully remodeled home tucked away on a massive wooded lot! This home features a brand new roof, hvac, kitchen cabinets, granite, SS appliances, LVP, carpets, fixtures and much more!! Plenty of room in the back yard to add a pool!! Upon entering the home you will immediately notice the massive vaulted ceilings and tons of natural light!! Enjoy entertaining in your large kitchen and massive backyard! Perfect for summer cookouts!
List Price/SqFt: 175.91
Sold Price/SqFt: 170.81

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Entrance Foyer; Vaulted Ceiling(s) Flooring: Laminate; Tile Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Pool Features: None Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard Current Use: Residential; Single Family Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-11-25

Location Tax and Legal

Street Number: 10689
Street Name: COLEMAN
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Clover Forest

Status Change Information

Major Change Timestamp: 2023-11-14T09:56:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-01-03T23:20:49Z
Purchase Contract Date: 2020-02-19
Close Date: 2020-03-13
Close Price: 247500

Fireplace Features

Fireplaces Total: Yes

More Information

Room Information

Room Name
Family Room

Listing Office: ROUND TABLE REALTY

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.

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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.

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