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.

11167 LIMERICK Drive, Jacksonville, FL 32221 (MLS# 2152460)

11167 LIMERICK Drive, Jacksonville, FL 32221

$445,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,346 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $445,000 List Date: 6/25/2026 Last Modified: 10/23/2026

Overview

Description

JUST WOW! Here is your chance to own one of the biggest homes in the neighborhood. This spacious pool home is uniquely suited for entertaining or just taking advantage of its roomy feel and relaxing. The main floor boasts a bedroom and full bath. The primary bath offers a garden tub, ideal for soaking the day's stresses away. Be sure to hang out on the covered back patio, looking out to the refreshing pool. Bring your keen eye for design and make it your perfect oasis. Don't miss this opportunity, schedule your showing today!

Listing Details MLS# 2152460

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3346
Living Area Source: Public Records
Year Built: 2012
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.18
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: I-10 to Chaffee Rd S, turn RIGHT on Panther Creek Pkwy, turn RIGHT on Royal Dornoch Dr, turn RIGHT on Limerick Dr and the house is on the left.
Public Remarks: JUST WOW! Here is your chance to own one of the biggest homes in the neighborhood. This spacious pool home is uniquely suited for entertaining or just taking advantage of its roomy feel and relaxing. The main floor boasts a bedroom and full bath. The primary bath offers a garden tub, ideal for soaking the day's stresses away. Be sure to hang out on the covered back patio, looking out to the refreshing pool. Bring your keen eye for design and make it your perfect oasis. Don't miss this opportunity, schedule your showing today!
List Price/SqFt: 134.49
Sold Price/SqFt: 132.99

Property Features

Levels: Two Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator Interior Features: His and Hers Closets; Kitchen Island; Primary Bathroom -Tub with Separate Shower Laundry Features: Electric Dryer Hookup; Upper Level; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Zoned Heating: Central; Zoned Water Source: Public Sewer: Public Sewer Pool Features: In Ground Parking Features: Attached; Garage; Garage Door Opener Fencing: Back Yard Current Use: Residential 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: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-24

Location Tax and Legal

Street Number: 11167
Street Name: LIMERICK
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32221
MLS Area Major: 065-Panther Creek/Adams Lake/Duval County-SW
Subdivision Name: Panther Creek

Status Change Information

Major Change Timestamp: 2026-10-23T15:38:12Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-12T20:31:45Z
Purchase Contract Date: 2026-08-20
Close Date: 2026-10-09
Close Price: 445000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MOMENTUM REALTY

Last Updated: October - 23 - 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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