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.

14410 E CHERRY LAKE Drive, Jacksonville, FL 32258 (MLS# 2170085)

14410 E CHERRY LAKE Drive, Jacksonville, FL 32258

$639,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,793 Lot Size (sq. ft.): 23,522 Status: Active

Current Price: $639,000 List Date: 10/20/2026 Last Modified: 10/24/2026

Overview

Description

Enjoy water views and Florida living in this spacious Bartram Springs home. Offering 4 bedrooms and 3 full baths, the layout features 12-foot ceilings, plantation shutters throughout, updated LVP flooring, abundant natural light, a formal dining room and an office behind French doors. The living room includes a gas fireplace and built-ins. In the kitchen, 42-inch cherry cabinets and granite countertops create a warm gathering space. The owner's suite offers a private sitting area overlooking the backyard, while generously sized secondary bedrooms welcome family and guests. Step outside to a backyard retreat with a saltwater pool surrounded by travertine pavers and covered lanai with retractable sun shades, all set on an approximately 0.54-acre lot with water views. A three-car garage and landscaping add convenience and curb appeal. Ideally located near shopping, dining and commuter routes, this home brings together space, comfort and outdoor enjoyment.

Listing Details MLS# 2170085

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2793
Living Area Source: Appraiser
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.54
Association YN: Yes
Association Fee: 86
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2365.43
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-95, head south on Philips Highway. Turn right onto Race Track Road, right onto Bartram Springs Parkway, then right onto E. Cherry Lake Drive. The home is on the right.
Public Remarks: Enjoy water views and Florida living in this spacious Bartram Springs home. Offering 4 bedrooms and 3 full baths, the layout features 12-foot ceilings, plantation shutters throughout, updated LVP flooring, abundant natural light, a formal dining room and an office behind French doors. The living room includes a gas fireplace and built-ins. In the kitchen, 42-inch cherry cabinets and granite countertops create a warm gathering space. The owner's suite offers a private sitting area overlooking the backyard, while generously sized secondary bedrooms welcome family and guests. Step outside to a backyard retreat with a saltwater pool surrounded by travertine pavers and covered lanai with retractable sun shades, all set on an approximately 0.54-acre lot with water views. A three-car garage and landscaping add convenience and curb appeal. Ideally located near shopping, dining and commuter routes, this home brings together space, comfort and outdoor enjoyment.
List Price/SqFt: 228.79

Property Features

Architectural Style: Traditional Levels: One Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Microwave Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Primary Downstairs; Smart Thermostat; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Covered; Patio; Rear Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan