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.

12301 KERNAN FOREST Boulevard 1806, Jacksonville, FL 32225 (MLS# 2166358)

12301 KERNAN FOREST Boulevard 1806, Jacksonville, FL 32225

$1,650

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,122 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $1,650 List Date: 9/24/2026 Last Modified: 10/24/2026

Overview

Description

Welcome to this amazing condo in the GATED community of Hammock Grove within Kernan Forest. This 2 bedrooms, 2 bathrooms condo is a corner unit offered an abundance of natural light throughout the home. The features in this home continue with an attached garage and a screened balcony, providing a comfortable and relaxing living experience. Each bedroom now features new wood laminate floors, providing a fresh and modern feel. As a resident you will have access to the amazing amenity center featuring a pool, splash pad, playground and basketball court all will conveniently located, 15 mins from NA Mayport, the beaches, St John's Town Center and major highways. Don't miss this opportunity today!

Listing Details MLS# 2166358

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Unit Type: End Unit
Living Area: 1122
Living Area Source: Public Records
Year Built: 2005
Lot Size Acres: 0.01
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 2
Senior Community YN: No
Directions: From Atlantic Blvd, head north on Kernan Blvd. Right on Kernan Forest Blvd, 3rd right at roundabout to entry gate of Hammock Grove. Through gate, stay right, follow to stop sign and turn right. Building 18 is on the corner to the right.
Public Remarks: Welcome to this amazing condo in the GATED community of Hammock Grove within Kernan Forest. This 2 bedrooms, 2 bathrooms condo is a corner unit offered an abundance of natural light throughout the home. The features in this home continue with an attached garage and a screened balcony, providing a comfortable and relaxing living experience. Each bedroom now features new wood laminate floors, providing a fresh and modern feel. As a resident you will have access to the amazing amenity center featuring a pool, splash pad, playground and basketball court all will conveniently located, 15 mins from NA Mayport, the beaches, St John's Town Center and major highways. Don't miss this opportunity today!
List Price/SqFt: 1.47
Sold Price/SqFt: 1.47

Property Features

Owner Pays: Association Fees Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Microwave; Refrigerator Laundry Features: In Unit Exterior Features: Balcony Patio And Porch Features: Screened Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Gated; Park; Playground Water Source: Public Parking Features: Additional Parking; Assigned; Garage; Garage Door Opener; Gated; Parking Lot Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-09-24
Lease Term: 12 Months
Availability Date: 2026-10-01

Location Tax and Legal

Street Number: 12301
Street Name: KERNAN FOREST
Street Suffix: Boulevard
State: FL
County: Duval
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Hammock Grove

Status Change Information

Major Change Timestamp: 2026-10-24T11:59:37Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-19
Close Date: 2026-10-21
Close Price: 1650

Deposits and Fees

Additional Fee: 150
Application Fee: 75
Pet Fee/Deposit: 300
Security Deposit: 1650

More Information

Documents

Residential Selection Criteria ›

Getting Your Applicants Approved 2025 ›

Sample Lease ›

Listing Office: NAVY TO NAVY HOMES LLC

Last Updated: October - 24 - 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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