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.

1465 MANOTAK POINT Drive 204, Jacksonville, FL 32210 (MLS# 2147914)

1465 MANOTAK POINT Drive 204, Jacksonville, FL 32210

$122,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,118 Status: Pending

Current Price: $122,000 List Date: 5/30/2026 Last Modified: 10/23/2026

Overview

Description

Welcome Home to Manotak Oaks! This second floor 2 bedroom, 2 full bath condo is just waiting for a new owner! Home features an open floor plan with kitchen overlooking the living and dining areas. Split bedroom arrangement! Spacious Primary with ensuite bath and walk-in closet! Inside laundry, with stackable washer/dryer included! Enjoy your morning coffee on the balcony! Conveniently located near shopping, schools, restaurants and more!

Listing Details MLS# 2147914

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1118
Living Area Source: Public Records
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 207
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
Stories: Yes
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: From I295, take Normandy exit, right on Memorial Park, Left on Old Middleburg, right on Sallie Ave, condo is on the right
Public Remarks: Welcome Home to Manotak Oaks! This second floor 2 bedroom, 2 full bath condo is just waiting for a new owner! Home features an open floor plan with kitchen overlooking the living and dining areas. Split bedroom arrangement! Spacious Primary with ensuite bath and walk-in closet! Inside laundry, with stackable washer/dryer included! Enjoy your morning coffee on the balcony! Conveniently located near shopping, schools, restaurants and more!
List Price/SqFt: 109.12

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked Interior Features: Breakfast Bar; Ceiling Fan(s); Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Parking Features: Parking Lot Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-05-30
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 1465
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: 2026-10-23T16:48:37Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-05T18:13:27Z
Purchase Contract Date: 2026-10-20

DPR Eligible

DPR Eligible: No

More Information

Listing Office: NEXTHOME COLLINS REALTY

Last Updated: October - 23 - 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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