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.

10708 KUSAIE Drive S, Jacksonville, FL 32246 (MLS# 2170407)

10708 KUSAIE Drive S, Jacksonville, FL 32246

$199,900

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 960 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $199,900 List Date: 10/22/2026 Last Modified: 10/29/2026

Overview

Description

Renovated home. Features tile wood like flooring throughout, new Bathrooms, new cabinets, smart lighting and Thermostat. Roof 2023, A/C 2024, Re-piped, new siding. IKEA closets. New shed. Washer & Dryer included.

Listing Details MLS# 2170407

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 876
Living Area Source: Public Records
Building Area Total: 960
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From 295 on exit 49 toward St Johns Bluff south. Turn left on Bahia, then right on Kusaie Dr, Home is on the right side of street. Numbers are on the mailbox.
Public Remarks: Renovated home. Features tile wood like flooring throughout, new Bathrooms, new cabinets, smart lighting and Thermostat. Roof 2023, A/C 2024, Re-piped, new siding. IKEA closets. New shed. Washer & Dryer included.
List Price/SqFt: 228.2

Property Features

Architectural Style: A-Frame Levels: One Appliances: Dryer; Electric Range; Refrigerator; Washer Flooring: Tile Laundry Features: In Unit Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Lighting; Programmable Thermostat Green Energy Efficient: Lighting; Thermostat Construction Materials: Composition Siding Roof: Shingle Parking Features: Shared Driveway Fencing: Back Yard Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-10-21

Location Tax and Legal

Street Number: 10708
Street Name: KUSAIE
Street Suffix: Drive
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Sandalwood

Status Change Information

Major Change Timestamp: 2026-10-29T19:31:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-29T19:31:15Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Survey ›

Seller's disclosure ›

Listing Office: GREEN PALM REALTY & PROPERTY MANAGEMENT

Last Updated: October - 29 - 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.