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.

1243 GORHAM Street, Jacksonville, FL 32226 (MLS# 2167871)

1243 GORHAM Street, Jacksonville, FL 32226

New Listing

$750,000

Virtual Tour

https://www.zillow.com/view-imx/0f665c3f-c950-4596-b418-ed86cc86da6e/?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true

The land to the right of the home is designated as an easement, providing additional open space that will remain undeveloped.

2.42 acres of privacy, open space, and endless possibilities, including covered RV or boat parking.

21-web-or-mls-23. Foyer, Dining & Living

Welcome home to 2.42 acres of privacy, natural beauty, and endless possibilities!

Beautiful travertine flooring adds timeless elegance and natural warmth.

Spacious kitchen with an oversized pantry offering exceptional storage and functionality.

35-web-or-mls-37. Breakfast Nook & Kitch

Elegant double tray ceiling adds architectural detail and sophistication.

Plenty of room for your outdoor adventures.

19 miles to the beautiful beaches of Amelia Island and Fernandina Beach

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,203 Lot Size (sq. ft.): 105,415 Status: Active

Current Price: $750,000 List Date: 10/30/2026 Last Modified: 11/03/2026

Overview

Description

Discover a different side of Florida living in gated Eagle Bend Island. Set across two lots totaling 2.42 private acres, this 4-bedroom plus office/flex space, 3-bath pool home offers more than 3,200 square feet with canal frontage and exceptional indoor-outdoor living. The spacious floor plan includes formal living and dining rooms, office/flex space, and an open kitchen, breakfast area and family room. A large center island anchors the kitchen w/ granite countertops, double-oven range, and a large pantry. Travertine marble and tile, 10-foot ceilings, arched doorways, transom windows and custom trim add architectural character. Outside, a screened lanai, pool, hot tub and expansive covered patio w/ TV wall mount create a true outdoor living space overlooking the property's peaceful natural setting. NEW ROOF (2024), extensive driveway with additional parking, 2-car garage and RV shed. A pool home on 2.4 private acres, Florida living with room to breathe.

Supplements: The expansive primary suite offers two generous closets, dual vanities, soaking tub and plenty of room to unwind. The covered outdoor living area includes a TV wall mount with space for dining, entertaining and relaxing poolside. Beyond the lanai, the property extends to a peaceful canal alive with fish, birds and the natural beauty of Northeast Fl ... (Read more)

Listing Details MLS# 2167871

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3203
Living Area Source: Public Records
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 2.42
Association YN: Yes
Association Fee: 600
Association Fee Frequency: Annually
Association Name: Eagle Bend Island-Florida Property Management
Association Phone: (904) 592-4090
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Senior Community YN: No
Directions: Head north on Eagle Bend Blvd, Turn right onto Gorham Street. Destination will be on the left.
Public Remarks: Discover a different side of Florida living in gated Eagle Bend Island. Set across two lots totaling 2.42 private acres, this 4-bedroom plus office/flex space, 3-bath pool home offers more than 3,200 square feet with canal frontage and exceptional indoor-outdoor living. The spacious floor plan includes formal living and dining rooms, office/flex space, and an open kitchen, breakfast area and family room. A large center island anchors the kitchen w/ granite countertops, double-oven range, and a large pantry. Travertine marble and tile, 10-foot ceilings, arched doorways, transom windows and custom trim add architectural character. Outside, a screened lanai, pool, hot tub and expansive covered patio w/ TV wall mount create a true outdoor living space overlooking the property's peaceful natural setting. NEW ROOF (2024), extensive driveway with additional parking, 2-car garage and RV shed. A pool home on 2.4 private acres, Florida living with room to breathe.
List Price/SqFt: 234.16

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Stone; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Construction Materials: Stucco Other Structures: Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Covered; Screened Pool Features: In Ground; Electric Heat; Heated; Screen Enclosure Spa Features: In Ground Roof: Shingle Parking Features: Additional Parking; RV Access/Parking Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded View: Trees/Woods Waterfront Features: Canal Front Current Use: Residential Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan