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.

10961 BURNT MILL Road 1325, Jacksonville, FL 32256 (MLS# 2169186)

10961 BURNT MILL Road 1325, Jacksonville, FL 32256

$224,900

Virtual Tour

https://www.zillow.com/view-imx/a7496bcb-f415-4ad8-b820-3c97571fe120?wl=true&setAttribution=mls&initialViewType=pano

42-web-or-mls-P-41-print-Burnt Mill Rd-S

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,171 Lot Size (sq. ft.): 871 Status: Active

Current Price: $224,900 List Date: 10/14/2026 Last Modified: 10/25/2026

Overview

Description

Move-in ready 2BR/2BA end unit condo in the gated community of The Reserve at James Island! This second-floor home has been fully updated, with a remodeled kitchen and baths and luxury vinyl flooring throughout. The kitchen has a large island with a breakfast bar, a pantry, a new microwave and a new faucet. Both bedrooms have their own full bath, and built-ins and ceiling fans add comfort and function. Step out to the covered balcony to relax, which also has a convenient storage closet. Laundry is in the unit, and the washer, dryer, refrigerator and all other appliances stay. An owned water softener system is also included. You also get a 10x12 storage unit, which is rare for condo living! The community is gated and has assigned parking. It's in the heart of the Baymeadows/Deerwood area with easy access to I-295, shopping, dining and major employers. Come see it before it's gone!

Listing Details MLS# 2169186

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1171
Living Area Source: Assessor
Year Built: 2001
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 475
Association Fee Frequency: Monthly
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
Stories Total: 3
Entry Level: 2
Senior Community YN: No
Directions: 295 to 9B exit off Gate Pkwy West to Burnt Mill Rd turn left. Then turn right into the community. Bldg 1300
Public Remarks: Move-in ready 2BR/2BA end unit condo in the gated community of The Reserve at James Island! This second-floor home has been fully updated, with a remodeled kitchen and baths and luxury vinyl flooring throughout. The kitchen has a large island with a breakfast bar, a pantry, a new microwave and a new faucet. Both bedrooms have their own full bath, and built-ins and ceiling fans add comfort and function. Step out to the covered balcony to relax, which also has a convenient storage closet. Laundry is in the unit, and the washer, dryer, refrigerator and all other appliances stay. An owned water softener system is also included. You also get a 10x12 storage unit, which is rare for condo living! The community is gated and has assigned parking. It's in the heart of the Baymeadows/Deerwood area with easy access to I-295, shopping, dining and major employers. Come see it before it's gone!
List Price/SqFt: 192.06

Property Features

Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Kitchen Island; Pantry Flooring: Luxury Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate Exterior Features: Balcony Patio And Porch Features: Covered; Patio Parking Features: Assigned; Parking Lot Current Use: Multi-Family; Residential Association Amenities: Basketball Court; Car Wash Area; Clubhouse; Community Pool; Fitness Center; Gated; Maintenance Grounds; Maintenance Structure; Storage; Trash Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Trash Community Features: Gated Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-10-14
Unit Type: End Unit

Location Tax and Legal

Street Number: 10961
Street Name: BURNT MILL
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Reserve At James Island Lc

Status Change Information

Major Change Timestamp: 2026-10-14T17:05:42Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: October - 25 - 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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