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.

11249 PANTHER CREEK Parkway, Jacksonville, FL 32221 (MLS# 2167430)

11249 PANTHER CREEK Parkway, Jacksonville, FL 32221

$470,000

Virtual Tour

https://www.zillow.com/view-imx/aeb253f4-6021-4c9e-9b12-86dc47052cd3?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,976 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $470,000 List Date: 10/01/2026 Last Modified: 11/03/2026

Overview

Description

Welcome to this well-kept, two-story pool home in Panther Creek, offering 5 bedrooms, 2.5 bathrooms, and room to spread out. A dedicated office or formal sitting room and a separate formal dining room give you flexible spaces for work, gatherings, and everyday life. Inside, crown molding adds a finished touch, with hardwood floors downstairs and LVP upstairs. All five bedrooms are located on the second floor. The owner's suite features a private bathroom with double sinks, a separate tub, and a walk-in shower. Major updates include a new roof in 2025 and two AC systems replaced in 2021. Step outside to a screened-in pool and hot tub, with an HOA-owned preserve behind the home instead of a rear neighbor. An irrigation system with a new timer and a two-car garage add everyday convenience. Panther Creek residents can also enjoy the community clubhouse, pool, and workout facility. Restaurants, grocery stores, and Interstate 10 are just a short drive away.

Listing Details MLS# 2167430

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2976
Living Area Source: Public Records
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.16
Association YN: Yes
Association Fee: 450
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: Interstate 10 to Chaffee Road. Go south to Panther Creek entrance on the right. Follow Panther Creek Parkway to 11249 on the right.
Public Remarks: Welcome to this well-kept, two-story pool home in Panther Creek, offering 5 bedrooms, 2.5 bathrooms, and room to spread out. A dedicated office or formal sitting room and a separate formal dining room give you flexible spaces for work, gatherings, and everyday life. Inside, crown molding adds a finished touch, with hardwood floors downstairs and LVP upstairs. All five bedrooms are located on the second floor. The owner's suite features a private bathroom with double sinks, a separate tub, and a walk-in shower. Major updates include a new roof in 2025 and two AC systems replaced in 2021. Step outside to a screened-in pool and hot tub, with an HOA-owned preserve behind the home instead of a rear neighbor. An irrigation system with a new timer and a two-car garage add everyday convenience. Panther Creek residents can also enjoy the community clubhouse, pool, and workout facility. Restaurants, grocery stores, and Interstate 10 are just a short drive away.
List Price/SqFt: 157.93

Property Features

Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: In Unit; Lower Level Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Multi Units Heating: Central; Electric Water Source: Public Exterior Features: Fire Pit Patio And Porch Features: Screened Pool Features: In Ground; Screen Enclosure Parking Features: Garage; Garage Door Opener View: Trees/Woods Fencing: Back Yard; Vinyl Current Use: Recreational; Single Family Association Amenities: Clubhouse; Community Pool; Dog Park; Fitness Center 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: 2026-09-28

Location Tax and Legal

Street Number: 11249
Street Name: PANTHER CREEK
Street Suffix: Parkway
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: 2026-10-16T12:07:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-16T12:07:15Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: MOMENTUM REALTY

Last Updated: November - 03 - 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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