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.

1418 MANOTAK POINT Drive 205, Jacksonville, FL 32210 (MLS# 2145002)

1418 MANOTAK POINT Drive 205, Jacksonville, FL 32210

$108,000

Living/Dining Room Combo *Virtually Staged

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 940 Status: Pending

Current Price: $108,000 List Date: 5/13/2026 Last Modified: 11/03/2026

Overview

Description

Move right into this charming condo located in the gated Manotak Oaks community! Featuring vaulted ceilings, an open floor plan, and a desirable split-bedroom layout, this condo offers both comfort and functionality. The split-bedroom floor plan offers added privacy, while the living and dining areas flow seamlessly into the kitchen--perfect for everyday living or entertaining. Enjoy the convenience of in-unit laundry, ample storage, and low-maintenance living. Perfect for homeowners or investors seeking low-maintenance living with great value!

Listing Details MLS# 2145002

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 940
Living Area Source: Public Records
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 189
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From I-10, take Lane Avenue S to right on Manotak Avenue. left onto Sallie Avenue to left into Manotak Oaks. First left to last building on right.
Public Remarks: Move right into this charming condo located in the gated Manotak Oaks community! Featuring vaulted ceilings, an open floor plan, and a desirable split-bedroom layout, this condo offers both comfort and functionality. The split-bedroom floor plan offers added privacy, while the living and dining areas flow seamlessly into the kitchen--perfect for everyday living or entertaining. Enjoy the convenience of in-unit laundry, ample storage, and low-maintenance living. Perfect for homeowners or investors seeking low-maintenance living with great value!
List Price/SqFt: 114.89

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Parking Lot; Unassigned Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-05-13
Unit Type: End Unit

Location Tax and Legal

Street Number: 1418
Street Name: MANOTAK POINT
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 053-Hyde Grove Area
Subdivision Name: Manotak Oaks

Status Change Information

Major Change Timestamp: 2026-11-03T21:38:58Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-23T17:50:15Z
Purchase Contract Date: 2026-10-29

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Flood Disclosure ›

Condo Rider ›

Buyer/Seller Disclosure ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

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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