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.

11477 VERA Drive, Jacksonville, FL 32218 (MLS# 2168969)

11477 VERA Drive, Jacksonville, FL 32218

$223,500

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,288 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $223,500 List Date: 10/18/2026 Last Modified: 10/23/2026

Overview

Description

Move in ready 3-Bedroom, 2-Bath Home in Desirable San Mateo Welcome home to this attractive, This concrete block home featuring a brick façade and a spacious aluminum carport, located in the desirable San Mateo subdivision. Offering 1,288 square feet of living space, this 3-bedroom, 2-bath home features a welcoming, open floor plan with generous living room, dining room, and family room areas. The modern kitchen boasts granite countertops and stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. Fresh interior paint, tile flooring throughout the remainder of the home, updated window blinds, and ceiling fans with lights add comfort and a fresh, move-in-ready feel. A separate laundry room conveniently located off the family room provides additional functionality. Step outside to the large screened-in back porch, perfect for relaxing or entertaining while enjoying the shade of the backyard. PHOTOS COMING SOON.

Supplements: The property also features a like-new, freestanding storage building and a wooden privacy fence for added convenience and privacy. With its attractive updates, spacious layout, and inviting outdoor living area, this home is a wonderful opportunity to enjoy comfortable living in the desirable San Mateo subdivision. Don't miss your chance to make th ... (Read more)

Listing Details MLS# 2168969

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1288
Living Area Source: Appraiser
Building Area Total: 1288
Year Built: 1960
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.16
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: I-295 exit south on US 17/N. Main St go .8 miles, left Eastport Rd go .6 miles, left Emuness Rd, right Renne Dr N, left Vera Dr, 11477 is on left
Public Remarks: Move in ready 3-Bedroom, 2-Bath Home in Desirable San Mateo Welcome home to this attractive, This concrete block home featuring a brick façade and a spacious aluminum carport, located in the desirable San Mateo subdivision. Offering 1,288 square feet of living space, this 3-bedroom, 2-bath home features a welcoming, open floor plan with generous living room, dining room, and family room areas. The modern kitchen boasts granite countertops and stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. Fresh interior paint, tile flooring throughout the remainder of the home, updated window blinds, and ceiling fans with lights add comfort and a fresh, move-in-ready feel. A separate laundry room conveniently located off the family room provides additional functionality. Step outside to the large screened-in back porch, perfect for relaxing or entertaining while enjoying the shade of the backyard. PHOTOS COMING SOON.
List Price/SqFt: 173.52

Property Features

Architectural Style: Contemporary Levels: One Appliances: Dishwasher; Electric Cooktop; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Pantry; Split Bedrooms; Walk-In Closet(s) Flooring: Concrete Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block; Brick; Concrete Roof: Shingle Parking Features: Attached Carport; Carport Fencing: Back Yard; Fenced Current Use: Residential Road Frontage Type: County Road Road Surface Type: Concrete Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-10-13

Location Tax and Legal

Street Number: 11477
Street Name: VERA
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32218
MLS Area Major: 095-San Mateo/Eastport
Subdivision Name: San Mateo

Status Change Information

Major Change Timestamp: 2026-10-18T22:56:51Z
Major Change Type: Back on Market

DPR Eligible

DPR Eligible: Yes

More Information

Documents

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Listing Office: ERA ONETEAM 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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