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.

11413 JERRY ADAM Drive, Jacksonville, FL 32218 (MLS# 2163257)

11413 JERRY ADAM Drive, Jacksonville, FL 32218

$2,250

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 2,238 Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $2,250 List Date: 9/03/2026 Last Modified: 10/23/2026

Overview

Description

Spacious 4-Bed Home in Gated Jacob's Way with Pond Views Welcome to this beautifully updated, 2,200+ sq. ft. home located in the desirable gated community of Jacob's Way. Featuring fresh paint and updated flooring throughout, this 4-bedroom, 2-bathroom residence offers a bright, open floor plan designed for comfortable living and seamless entertaining. Property Highlights: Bedrooms & Bathrooms: 4 spacious bedrooms, including a private split-plan primary suite. The primary bath features dual vanities, a walk-in shower, and a relaxing garden tub. Living Spaces: Expansive family room complete with a cozy fireplace, a formal dining room, and an eat-in kitchen nook. Kitchen: Fully equipped kitchen featuring a functional breakfast bar. Outdoor Living: Enjoy serene views of the community pond from your covered, screened-in back patio--perfect for relaxing and watching the wildlife.

Supplements: Parking & Storage: Attached 2-car garage. Community Amenities: Gated entry for added peace of mind Covered outdoor pavilion for gatherings Children's playground and basketball courts nearby Quick access to I-295, local military bases, and nearby shopping centers Rental Details: Pets: Pet-friendly (subject to breed approval)

Listing Details MLS# 2163257

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2238
Living Area Source: Appraiser
Year Built: 2006
Lot Size Acres: 0.38
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Stories Total: Yes
Senior Community YN: No
Directions: From I-295, exit Dunn Avenue and head east. Left on Dobson. Left into Jacobs Way (Jerry Adam Dr.). Property is on the right side of the street
Public Remarks: Spacious 4-Bed Home in Gated Jacob's Way with Pond Views Welcome to this beautifully updated, 2,200+ sq. ft. home located in the desirable gated community of Jacob's Way. Featuring fresh paint and updated flooring throughout, this 4-bedroom, 2-bathroom residence offers a bright, open floor plan designed for comfortable living and seamless entertaining. Property Highlights: Bedrooms & Bathrooms: 4 spacious bedrooms, including a private split-plan primary suite. The primary bath features dual vanities, a walk-in shower, and a relaxing garden tub. Living Spaces: Expansive family room complete with a cozy fireplace, a formal dining room, and an eat-in kitchen nook. Kitchen: Fully equipped kitchen featuring a functional breakfast bar. Outdoor Living: Enjoy serene views of the community pond from your covered, screened-in back patio--perfect for relaxing and watching the wildlife.
List Price/SqFt: 1.01

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; His and Hers Closets; Pantry; Walk-In Closet(s) Laundry Features: In Unit Patio And Porch Features: Patio; Screened Association Amenities: Basketball Court; Gated; Park; Playground Community Features: Curbs; Gated; Sidewalks Water Source: Public Parking Features: Attached; Garage; Garage Door Opener Sewer: Public Sewer Security Features: Smoke Detector(s) View: Pond Waterfront Features: Pond Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Attorney Fee; Lease Prep Rent Includes: None Tenant Pays: All Utilities Pets Allowed: Yes; Breed Restrictions; Cats OK; Dogs OK; Size Limit; Number Limit

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-09-03
Lease Term: 12 Months
Availability Date: 2026-10-05

Location Tax and Legal

Street Number: 11413
Street Name: JERRY ADAM
Street Suffix: Drive
State: FL
County: Duval
Postal Code: 32218
MLS Area Major: 091-Garden City/Airport
Subdivision Name: Jacobs Way

Status Change Information

Major Change Timestamp: 2026-10-19T19:53:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-19T19:53:40Z

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Additional Fee: 125
Application Fee: 150
Security Deposit: 2250

Pets Allowed

Maximum Weight Allowed: 50

Listing Office: IRON VALLEY REAL ESTATE NORTH FLORIDA

Last Updated: October - 23 - 2026

Information deemed reliable but not guaranteed.