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.

1347 REDBUD Lane, Jacksonville, FL 32207 (MLS# 2160537)

1347 REDBUD Lane, Jacksonville, FL 32207

$469,900

Virtual Tour

https://sites.boldcityvirtualtours.com/1347-Redbud-Ln/idx

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,510 Status: Active

Current Price: $469,900 List Date: 8/20/2026 Last Modified: 10/31/2026

Overview

Description

This renovated turn-key brick home boasts a brand New ROOF, Refrigerator, and Hot Water Heater! Beautifully located in the highly desirable Hendricks Avenue Elementary School district. This spacious 3br/2ba gem has a roomy kitchen with newer appliances and a living room and den for modern open concept living. The primary suite includes a new bathroom and lots of room with two closets. The guest bathroom has a bathtub with shower. Enjoy the beautiful, mature oak trees and gorgeous shade from the front and back screened porches that offer additional living space in the fresh air. The 8' privacy fence creates a private backyard oasis. Your new home is a quick drive to the charming San Marco Square, the bustling Riverside and Avondale, and the ever-transforming Downtown Jacksonville. This beauty offers the perfect blend of classic charm, modern updates, and an unbeatable location close to schools, parks, restaurants, two Starbucks and shopping.

Supplements: More Spectacular Features of 1347 Redbud Lane " Brand NEW ROOF - 2026 " Frigidaire French Door Refrigerator - 2026 " Rheem Hot Water Heater - 2026 " Whirlpool Microwave - 2020 " Samsung Electric Range + Oven - 2020 " Frigidaire Dishwasher - 2020 " Nest Thermostat - 2021 " Samsung Top Load Washing Machine - 2023 " Amana Refrigerator (Garage) ... (Read more)

Listing Details MLS# 2160537

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1510
Living Area Source: Public Records
Year Built: 1972
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Dimensions: 112x74
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
Directions: From the intersection of University Blvd West and San Jose Blvd, travel North approx 1 mile to left on Redbud Lane.
Public Remarks: This renovated turn-key brick home boasts a brand New ROOF, Refrigerator, and Hot Water Heater! Beautifully located in the highly desirable Hendricks Avenue Elementary School district. This spacious 3br/2ba gem has a roomy kitchen with newer appliances and a living room and den for modern open concept living. The primary suite includes a new bathroom and lots of room with two closets. The guest bathroom has a bathtub with shower. Enjoy the beautiful, mature oak trees and gorgeous shade from the front and back screened porches that offer additional living space in the fresh air. The 8' privacy fence creates a private backyard oasis. Your new home is a quick drive to the charming San Marco Square, the bustling Riverside and Avondale, and the ever-transforming Downtown Jacksonville. This beauty offers the perfect blend of classic charm, modern updates, and an unbeatable location close to schools, parks, restaurants, two Starbucks and shopping.
List Price/SqFt: 311.19

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; ENERGY STAR Qualified Washer; Ice Maker; Microwave; Refrigerator; Washer; Other Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Skylight(s); Smart Thermostat Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Utilities: Cable Available; Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Smart Home Features: Programmable Thermostat Security Features: Security Lights; Smoke Detector(s) Construction Materials: Brick Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac Fencing: Back Yard; Fenced; Privacy; Wood Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Possession: Negotiable Listing Terms: Cash; Conventional