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.

12511 WAGES Way E, Jacksonville, FL 32218 (MLS# 2137058)

12511 WAGES Way E, Jacksonville, FL 32218

$345,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,211 Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $345,000 List Date: 3/27/2026 Last Modified: 10/28/2026

Overview

Description

Welcome home to this spacious 4-bedroom, 2-bath in Oceanway, offering 2,211 sq ft to spread out in. Freshly painted throughout, it greets you with an inviting foyer that flows right into a bright, open-concept living area with a fireplace and laminate wood flooring. There's a dedicated dining room for gatherings, plus a flex room that would make a great home office. The kitchen is truly the heart of the home, equipped with a dishwasher, microwave, and range. A split-bedroom floor plan gives everyone their space, with a serene primary suite tucked away from the other 3 bedrooms on the opposite side of the home. Step outside onto the back deck and take in the wooded backyard. You're also just a quick trip from River City Marketplace for shopping and dining.

Listing Details MLS# 2137058

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2211
Living Area Source: Public Records
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.31
Association YN: Yes
Association Fee: 165
Association Fee Frequency: Semi-Annually
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
Directions: From I-95, take exit 363 for Duval Rd. Head east on Duval Rd, then turn left onto Starratt Rd. Continue and turn right onto Wages Way E. The home will be on your right.
Public Remarks: Welcome home to this spacious 4-bedroom, 2-bath in Oceanway, offering 2,211 sq ft to spread out in. Freshly painted throughout, it greets you with an inviting foyer that flows right into a bright, open-concept living area with a fireplace and laminate wood flooring. There's a dedicated dining room for gatherings, plus a flex room that would make a great home office. The kitchen is truly the heart of the home, equipped with a dishwasher, microwave, and range. A split-bedroom floor plan gives everyone their space, with a serene primary suite tucked away from the other 3 bedrooms on the opposite side of the home. Step outside onto the back deck and take in the wooded backyard. You're also just a quick trip from River City Marketplace for shopping and dining.
List Price/SqFt: 156.04

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Entrance Foyer; Kitchen Island; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Laminate; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Other Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Deck Roof: Shingle Parking Features: Attached; Garage Lot Features: Wooded View: Trees/Woods Current Use: Residential Association Amenities: Playground Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-27

Location Tax and Legal

Street Number: 12511
Street Name: WAGES
Street Suffix: Way
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32218
MLS Area Major: 092-Oceanway/Pecan Park
Subdivision Name: Dunns Plantation

Status Change Information

Major Change Timestamp: 2026-10-28T12:41:12Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-28T12:41:12Z

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Documents

Flood Disclosure ›

Seller's Property Disclosure ›

HOA Disclosure ›

Seller's Addendum ›

Offer Instructions ›

Listing Office: EXP REALTY LLC

Last Updated: October - 28 - 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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