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.

12958 MEDFORD Lane, Jacksonville, FL 32225 (MLS# 2170660)

12958 MEDFORD Lane, Jacksonville, FL 32225

$2,295

Virtual Tour

https://my.matterport.com/show/?m=8rEPj3cnAUm

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 1,920 Lot Size (sq. ft.): 13,939 Status: Closed

Current Price: $2,295 List Date: 10/23/2026 Last Modified: 11/03/2026

Overview

Description

Welcome home to this beautifully updated 4-bedroom, 2-bathroom home in the desirable Girvin area! Featuring brand-new luxury vinyl plank flooring throughout and fresh interior paint, this home offers a bright, modern feel with plenty of space for comfortable living. The thoughtfully designed split floor plan provides added privacy, with a spacious primary suite complete with a large walk-in closet and private bathroom. The three additional bedrooms each feature double closets, offering exceptional storage space. Enjoy multiple living areas with both a separate living room and family room, plus a dedicated dining area that's perfect for everyday meals or entertaining. The oversized backyard provides plenty of room to relax, play, or host outdoor gatherings. Conveniently located in East Arlington, this home offers easy access to shopping, dining, parks, major roadways, and Jacksonville's beautiful beaches.

Listing Details MLS# 2170660

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1920
Living Area Source: Appraiser
Year Built: 1987
Lot Size Acres: 0.32
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From FL-10 E/Atlantic Blvd turn left onto Girvin Rd - turn right onto Joeandy Rd N - turn right onto Naugatuck Dr - turn right onto Medford Lane
Public Remarks: Welcome home to this beautifully updated 4-bedroom, 2-bathroom home in the desirable Girvin area! Featuring brand-new luxury vinyl plank flooring throughout and fresh interior paint, this home offers a bright, modern feel with plenty of space for comfortable living. The thoughtfully designed split floor plan provides added privacy, with a spacious primary suite complete with a large walk-in closet and private bathroom. The three additional bedrooms each feature double closets, offering exceptional storage space. Enjoy multiple living areas with both a separate living room and family room, plus a dedicated dining area that's perfect for everyday meals or entertaining. The oversized backyard provides plenty of room to relax, play, or host outdoor gatherings. Conveniently located in East Arlington, this home offers easy access to shopping, dining, parks, major roadways, and Jacksonville's beautiful beaches.
List Price/SqFt: 1.2
Sold Price/SqFt: 1.2

Property Features

Appliances: Electric Range; Refrigerator Water Source: Public Parking Features: Garage Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-23
Lease Term: 12 Months
Availability Date: 2026-10-23

Location Tax and Legal

Street Number: 12958
Street Name: MEDFORD
Street Suffix: Lane
State: FL
County: Duval
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Cambridge

Status Change Information

Major Change Timestamp: 2026-11-03T14:13:35Z
Major Change Type: Status Change
Purchase Contract Date: 2026-11-03
Close Date: 2026-11-03
Close Price: 2295

Deposits and Fees

Application Fee: 80
Security Deposit: 2295

More Information

Listing Office: SPECTRUM REALTY SERVICES

Last Updated: November - 03 - 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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