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.

11058 CASTLEMAIN Circle E, Jacksonville, FL 32256 (MLS# 786488)

11058 CASTLEMAIN Circle E, Jacksonville, FL 32256

$208,000

Virtual Tour

http://tour.circlepix.com/home2/SSAQ78

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,712 Status: Closed

Current Price: $208,000 List Date: 8/07/2015 Last Modified: 11/04/2026

Overview

Description

FANTASTIC WATERFRONT townhome with 2 car garage! These wide open townhomes feel much more like a home with large kitchens that open to big dining and living spaces, and a full wall of windows overlooking the screened in patio and lake. Two car garages are hard to come by in a townhouse! Upgrades include 42'' cherry cabinets, Corian counters, SS refrigerator, glass top stove, microwave and dishwasher. New garbage disposal. Big breakfast bar, upgraded lighting/fans. Electric fireplace & triple crown molding in the great room, half bath down. Upstairs are 3 good sized BRs, 2 full baths and the laundry room. The master BR is wonderful size, has a step ceiling and overlooks the lake. Master bath has a garden tub, marble shwr, big vanity w/2 sinks and lg walk in closet. Tile in all wet areas.

Listing Details MLS# 786488

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1712
Living Area Source: Appraiser
Year Built: 2004
Association YN: Yes
Association Fee: 193
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Directions: Off Gate Pkwy between I-295 and JTB,(North of 295, South of JTB) thru gate into Oxford Chase, take first left follow around the bend, ahead on right.
Public Remarks: FANTASTIC WATERFRONT townhome with 2 car garage! These wide open townhomes feel much more like a home with large kitchens that open to big dining and living spaces, and a full wall of windows overlooking the screened in patio and lake. Two car garages are hard to come by in a townhouse! Upgrades include 42'' cherry cabinets, Corian counters, SS refrigerator, glass top stove, microwave and dishwasher. New garbage disposal. Big breakfast bar, upgraded lighting/fans. Electric fireplace & triple crown molding in the great room, half bath down. Upstairs are 3 good sized BRs, 2 full baths and the laundry room. The master BR is wonderful size, has a step ceiling and overlooks the lake. Master bath has a garden tub, marble shwr, big vanity w/2 sinks and lg walk in closet. Tile in all wet areas.
List Price/SqFt: 125.53
Sold Price/SqFt: 121.5

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Electric Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Patio; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Pond Current Use: Multi-Family; Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Maintenance Grounds; Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2015-08-07

Location Tax and Legal

Street Number: 11058
Street Name: CASTLEMAIN
Street Suffix: Circle
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Oxford Chase

Status Change Information

Major Change Timestamp: 2015-10-06T19:40:43Z
Major Change Type: Status Change
Purchase Contract Date: 2015-09-07
Close Date: 2015-10-06
Close Price: 208000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-Sliding Glass Door(s): Y, Townhouse: Y, Fireplace-Circulating: Y, Fireplace-Family Room: Y, Fireplace Mantle: Y, Tile Fireplace: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Back-Ups Accepted, Tenant Occupied Lockbox, Occupied - Lockbox, Gated

Room Information

Room Name
Great Room
Utility Room

Documents

HOA Disclosure ›

Seller's Property Disclosure ›

Listing Office: RE/MAX SPECIALISTS

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.