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.

11436 SQUIRE WAY Lane, Jacksonville, FL 32223 (MLS# 2170779)

11436 SQUIRE WAY Lane, Jacksonville, FL 32223

$240,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,267 Lot Size (sq. ft.): 3,485 Status: Active Under Contract

Current Price: $240,000 List Date: 10/24/2026 Last Modified: 10/26/2026

Overview

Description

STYLE, COMFORT & CONVENIENCE IN THE HEART OF MANDARIN! Discover this beautifully appointed 2-bedroom, 1.5-bath townhome in the Villages of Mandarin, where thoughtful upgrades and an inviting layout create a space that feels anything but ordinary. Soaring vaulted ceilings and abundant natural light give this interior unit an unexpectedly bright, open, and airy feel. Large-format Italian tile flooring adds a touch of elegance, while the versatile upstairs loft offers the perfect flex space for a home office, reading retreat, or additional living area. The kitchen is a standout, featuring rich cherry cabinetry, California-style granite countertops, a sleek undermount sink, stylish pendant lighting. Beautiful marble flooring and shower finishes add another layer of sophistication to the home.

Supplements: Step outside to your own private backyard retreat, complete with paver patio and a rear sprinkler system, offering an inviting setting for morning coffee, outdoor dining, or simply unwinding. Additional improvements include refreshed outdoor surfaces and new French doors for the second bedroom. Conveniently located near Mandarin's shopping, dining, ... (Read more)

Listing Details MLS# 2170779

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1267
Living Area Source: Public Records
Year Built: 1986
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.08
Association YN: Yes
Association Fee: 77.5
Association Fee Frequency: Monthly
Association Name: Villages of Mandarin HOA
Association Phone: 904-278-2338
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
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Direction Faces: East
Directions: South on San Jose Blvd to Ricky Rd, turn left, left onto Falcon Dr, left onto Squire Way Ln, townhome is on the left.
Public Remarks: STYLE, COMFORT & CONVENIENCE IN THE HEART OF MANDARIN! Discover this beautifully appointed 2-bedroom, 1.5-bath townhome in the Villages of Mandarin, where thoughtful upgrades and an inviting layout create a space that feels anything but ordinary. Soaring vaulted ceilings and abundant natural light give this interior unit an unexpectedly bright, open, and airy feel. Large-format Italian tile flooring adds a touch of elegance, while the versatile upstairs loft offers the perfect flex space for a home office, reading retreat, or additional living area. The kitchen is a standout, featuring rich cherry cabinetry, California-style granite countertops, a sleek undermount sink, stylish pendant lighting. Beautiful marble flooring and shower finishes add another layer of sophistication to the home.
List Price/SqFt: 189.42

Property Features

Architectural Style: Craftsman Levels: One Appliances: Dishwasher; Electric Oven; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Skylight(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Wood Siding Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Attached Fencing: Fenced; Wood Current Use: Residential; Single Family Association Amenities: Community Pool Community Features: Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-10-24

Location Tax and Legal

Street Number: 11436
Street Name: SQUIRE WAY
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32223
MLS Area Major: 014-Mandarin
Subdivision Name: Villages Of Mandarin

Status Change Information

Major Change Timestamp: 2026-10-26T00:16:44Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2026-10-25

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 26 - 2026

Information deemed reliable but not guaranteed.