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.

14736 CAPE Drive E, Jacksonville, FL 32226 (MLS# 2170709)

14736 CAPE Drive E, Jacksonville, FL 32226

$779,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,944 Lot Size (sq. ft.): 30,492 Status: Active

Current Price: $779,000 List Date: 10/23/2026 Last Modified: 10/26/2026

Overview

Description

Welcome to this stunning 4-bedroom, 3-bathroom home in the highly sought-after community of The Cape. With 2,944 square feet of beautifully designed living space, this residence combines timeless elegance with everyday comfort. Enjoy beautiful tile flooring imported straight from ITALY, complemented by plush nylon carpeting in the master bedroom. The kitchen features granite countertops and a built-in wine rack, perfect for entertaining. Double tray ceilings can be found throughout the home adding architectural character. The garage features an epoxy-coated floor and custom wooden storage cabinets and drawers for added organization. Built with Insulated Concrete Forms (ICF), this home offers enhanced structural strength, energy efficiency, and year-round comfort. The innovative construction combines reinforced concrete with insulation to help maintain consistent indoor temperatures and create a more comfortable living environment. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTIFUL HOME!

Listing Details MLS# 2170709

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2944
Living Area Source: Public Records
Year Built: 2007
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.7
Association YN: Yes
Association Fee: 35
Association Fee Frequency: Annually
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: Take Exit 363A from I-95 North towards Max Leggett Parkway/Airport Center Drive. Turn right onto Max Leggett Parkway, then continue onto Airport Center Drive. Turn left onto Starratt Road, then turn right to continue on Starratt Road. Turn left onto Cape Drive East and continue to the property on the left.
Public Remarks: Welcome to this stunning 4-bedroom, 3-bathroom home in the highly sought-after community of The Cape. With 2,944 square feet of beautifully designed living space, this residence combines timeless elegance with everyday comfort. Enjoy beautiful tile flooring imported straight from ITALY, complemented by plush nylon carpeting in the master bedroom. The kitchen features granite countertops and a built-in wine rack, perfect for entertaining. Double tray ceilings can be found throughout the home adding architectural character. The garage features an epoxy-coated floor and custom wooden storage cabinets and drawers for added organization. Built with Insulated Concrete Forms (ICF), this home offers enhanced structural strength, energy efficiency, and year-round comfort. The innovative construction combines reinforced concrete with insulation to help maintain consistent indoor temperatures and create a more comfortable living environment. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTIFUL HOME!
List Price/SqFt: 264.61

Property Features

Levels: One Appliances: Dishwasher; Double Oven; Dryer; Gas Cooktop; Refrigerator; Tankless Water Heater; Washer Fireplace Features: Gas Interior Features: Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Jack and Jill Bath Flooring: Carpet; Tile Utilities: Electricity Connected; Sewer Available; Water Available; Propane Cooling: Central Air Heating: Heat Pump Water Source: Well Sewer: Septic Tank Security Features: Security System Owned Construction Materials: Stucco Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Garage Door Opener Lot Features: Many Trees View: Trees/Woods Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-23

Location Tax and Legal

Street Number: 14736
Street Name: CAPE
Street Suffix: Drive
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32226
MLS Area Major: 096-Ft George/Blount Island/Cedar Point
Subdivision Name: The Cape

Status Change Information

Major Change Timestamp: 2026-10-23T20:03:21Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: WATSON REALTY CORP

Last Updated: October - 26 - 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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