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.

12441 RUNNING RIVER Road S, Jacksonville, FL 32225 (MLS# 2164270)

12441 RUNNING RIVER Road S, Jacksonville, FL 32225

$349,900

Virtual Tour

https://www.zillow.com/view-imx/50e9e2bd-6805-4aaa-8dbd-1bbca528f854?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,696 Status: Active Under Contract

Current Price: $349,900 List Date: 9/18/2026 Last Modified: 10/27/2026

Overview

Description

This thoughtfully designed split floor plan home is spacious, versatile, & designed for comfortable living! Step through the grand covered entrance & you're greeted by soaring ceilings, tons of natural light, & a cozy fireplace. The kitchen offers abundant cabinet storage, a large pantry closet, & a breakfast nook, while a separate dining room or office provides additional flex space. The oversized primary suite is a true retreat, featuring two walk-in closets & plenty of room to relax & unwind. Enjoy your morning coffee or evening beverage on the large covered patio. Situated on an expansive, private corner lot with room for a pool & an RV or boat, & with a separate fenced area for a garden or chickens! A side-entry garage with a new garage door adds convenience and curb appeal while a NEW ROOF (2023), new water heater, & one-year home warranty give peace of mind. Indoor laundry room with sink & new washer/dryer included! This home has everything you've been looking for!

Listing Details MLS# 2164270

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1696
Living Area Source: Appraiser
Year Built: 1991
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Direction Faces: South
Directions: From Atlantic Blvd., head north on Kernan Blvd. for 2 miles. Turn right onto Running River Rd. Home is on a large corner lot .3 miles down on your left.
Public Remarks: This thoughtfully designed split floor plan home is spacious, versatile, & designed for comfortable living! Step through the grand covered entrance & you're greeted by soaring ceilings, tons of natural light, & a cozy fireplace. The kitchen offers abundant cabinet storage, a large pantry closet, & a breakfast nook, while a separate dining room or office provides additional flex space. The oversized primary suite is a true retreat, featuring two walk-in closets & plenty of room to relax & unwind. Enjoy your morning coffee or evening beverage on the large covered patio. Situated on an expansive, private corner lot with room for a pool & an RV or boat, & with a separate fenced area for a garden or chickens! A side-entry garage with a new garage door adds convenience and curb appeal while a NEW ROOF (2023), new water heater, & one-year home warranty give peace of mind. Indoor laundry room with sink & new washer/dryer included! This home has everything you've been looking for!
List Price/SqFt: 206.31

Property Features

Architectural Style: Ranch Rental Restrictions: No Minimum Appliances: Dishwasher; Dryer; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Nook; Ceiling Fan(s); Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Luxury Vinyl Laundry Features: In Unit Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Other Structures: Shed(s) Patio And Porch Features: Covered; Porch Roof: Shingle Parking Features: Attached; Garage Lot Features: Corner Lot Fencing: Back Yard; Privacy; Wood Current Use: Residential; Single Family Community Features: Sidewalks; Suburban Road Frontage Type: City Street Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-10

Location Tax and Legal

Street Number: 12441
Street Name: RUNNING RIVER
Street Suffix: Road
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Mt Pleasant Creek

Status Change Information

Major Change Timestamp: 2026-10-27T12:38:56Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-22T12:52:41Z
Contingency: Active Under Contract
Contingent Date: 2026-10-26

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: WATSON REALTY CORP

Last Updated: October - 27 - 2026

Information deemed reliable but not guaranteed.