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 1621, Jacksonville, FL 32256 (MLS# 2147403)

10961 BURNT MILL Road 1621, Jacksonville, FL 32256

$244,000

Condo on the Lake with parking right up front

Virtual Tour

https://youtu.be/YIULyWSeYpY

Elkay undermount deep kitchen sink and Kohler faucet. Counter upgraded to single level height.

Elkay undermount deep kitchen sink and Kohler faucet

New vanity with marble countertop, soft close drawers and doors

New vanity with marble countertop, soft close drawers and doors. New light fixtures and mirrors.

Counter leveled to make beautiful one-level island

With huge storage closet with custom shelving

This could be your nightly view! #nofilter

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,355 Lot Size (sq. ft.): 871 Status: Active

Current Price: $244,000 List Date: 5/28/2026 Last Modified: 10/27/2026

Overview

Description

Turnkey ready lakefront 3/2 END UNIT w/ GARAGE in the Reserve at James Island has nearly $25k in recent upgrades. Follow the path of palms to the second story where beaming natural light highlights the vaulted cathedral ceiling and seamless LVP flooring. Double lake views from the Living Room, Balcony, and 3rd Bedroom. If storage is one of your top wish list items, you HAVE to see these closets! Deep Walk-in closets in each bedroom. Custom pull out drawers and additional shelving in nearly every one. Detached garage provides even more storage! The granite on the custom island-style Kitchen counter and oversized Elkay Stainless Steel sink sparkle underneath the updated recessed lighting. Primary AND Guest Bathroom feature new vanity with marble countertop, updated sinks, soft close drawers & doors, new vanity lights, Kohler water efficient toilets, & Delta shower heads. Short walk to Block Jax, V Pizza, Foxtail Coffee, & Fore Score. Quick drive to Town Center, UNF, Mayo, & the Beaches.

Listing Details MLS# 2147403

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1355
Living Area Source: Public Records
Year Built: 2001
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 548.86
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Stories Total: 2
Senior Community YN: No
Directions: From I-295 to Gate Parkway, continue to LEFT on Burnt Mill Rd. Turn RIGHT into The Reserve at James Island. Continue through gate and take first RIGHT. Building is first one on the LEFT. Unit is end unit on the first corner.
Public Remarks: Turnkey ready lakefront 3/2 END UNIT w/ GARAGE in the Reserve at James Island has nearly $25k in recent upgrades. Follow the path of palms to the second story where beaming natural light highlights the vaulted cathedral ceiling and seamless LVP flooring. Double lake views from the Living Room, Balcony, and 3rd Bedroom. If storage is one of your top wish list items, you HAVE to see these closets! Deep Walk-in closets in each bedroom. Custom pull out drawers and additional shelving in nearly every one. Detached garage provides even more storage! The granite on the custom island-style Kitchen counter and oversized Elkay Stainless Steel sink sparkle underneath the updated recessed lighting. Primary AND Guest Bathroom feature new vanity with marble countertop, updated sinks, soft close drawers & doors, new vanity lights, Kohler water efficient toilets, & Delta shower heads. Short walk to Block Jax, V Pizza, Foxtail Coffee, & Fore Score. Quick drive to Town Center, UNF, Mayo, & the Beaches.
List Price/SqFt: 180.07

Property Features

Levels: One Property Condition: Updated/Remodeled Rental Restrictions: No Lease 1st Year; Other Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Freezer; Refrigerator; Washer Interior Features: Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Primary Bathroom - Tub with Shower; Smart Thermostat; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Connected; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Security Gate; Smoke Detector(s) Exterior Features: Balcony Parking Features: Additional Parking; Garage; Parking Lot; Unassigned View: Lake; Pool Waterfront Features: Lake Front Current Use: Multi-Family; Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Gated; Other Community Features: Curbs; Gated; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan