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.

11287 ESTANCIA VILLA Circle 1205, Jacksonville, FL 32246 (MLS# 2140001)

11287 ESTANCIA VILLA Circle 1205, Jacksonville, FL 32246

$215,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,287 Lot Size (sq. ft.): 871 Status: Active

Current Price: $215,000 List Date: 4/15/2026 Last Modified: 10/31/2026

Overview

Description

Attention Homebuyers and Investors! Whether you're looking for a move-in-ready home or an income-producing investment property, this 2-bedroom, 2.5-bath townhome offers the flexibility to fit your goals! Currently tenant-occupied with rental income of 1,600 per month, this property presents an excellent opportunity for investors seeking immediate rental income. Prefer to make it your primary residence? The property can be delivered vacant at closing, allowing you to move right in! Inside, you'll find an inviting open-concept floor plan featuring granite countertops, kitchen bar seating, a spacious family room, and luxury vinyl plank flooring. Upstairs, both bedrooms offer private en-suite bathrooms and generous closet space, providing comfort and privacy. Recent updates within the past two years include a washer, dryer, dishwasher, over-the-range microwave, smoke detectors, three ceiling fans, and modern light fixtures. Enjoy low-maintenance living with community amenities

Supplements: that include a swimming pool and clubhouse. Even better, the seller's preferred lender is offering 1% of the loan amount toward the buyer's closing costs! Whether you're ready to call this property home or add it to your investment portfolio, this is an opportunity worth exploring. Schedule your showing today!

Listing Details MLS# 2140001

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1287
Living Area Source: Appraiser
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 287
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: No
Stories: 2
Stories Total: Yes
Senior Community YN: No
Directions: 1295N to Exit 51 then L on Beach Bvd, R on St Johns Bluff Rd, L on Estancia Villa Dr, L at the amenity center, then R. Building 11287 - unit is marked as ''11287/5'
Public Remarks: Attention Homebuyers and Investors! Whether you're looking for a move-in-ready home or an income-producing investment property, this 2-bedroom, 2.5-bath townhome offers the flexibility to fit your goals! Currently tenant-occupied with rental income of 1,600 per month, this property presents an excellent opportunity for investors seeking immediate rental income. Prefer to make it your primary residence? The property can be delivered vacant at closing, allowing you to move right in! Inside, you'll find an inviting open-concept floor plan featuring granite countertops, kitchen bar seating, a spacious family room, and luxury vinyl plank flooring. Upstairs, both bedrooms offer private en-suite bathrooms and generous closet space, providing comfort and privacy. Recent updates within the past two years include a washer, dryer, dishwasher, over-the-range microwave, smoke detectors, three ceiling fans, and modern light fixtures. Enjoy low-maintenance living with community amenities
List Price/SqFt: 167.06

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Tub with Shower Flooring: Carpet; Tile; Vinyl Utilities: Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Parking Features: Garage Current Use: Multi-Family; Residential Association Amenities: Clubhouse; Community Pool Association Fee Includes: Insurance; Trash; Water Community Features: Sidewalks; Street Lights Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2026-04-14
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 11287
Street Name: ESTANCIA VILLA
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Villas Of Estancia

Status Change Information

Major Change Timestamp: 2026-08-17T22:24:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-17T22:24:56Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: October - 31 - 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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