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.

1510 YELFORD Circle, Jacksonville, FL 32218 (MLS# 2122800)

1510 YELFORD Circle, Jacksonville, FL 32218

$869,900

Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 4,160 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $869,900 List Date: 10/09/2026 Last Modified: 10/30/2026

Overview

Description

Four units, plenty of possibilities! This quadplex presents an exciting investment opportunity, with each unit featuring 2 bedrooms and 2 bathrooms. Three units are currently occupied, with leases running through August 2027 and October 2027, providing rental income from day one. The other unit offers the opportunity to welcome new tenants or make one your own while earning income from the others! Whether you're growing your investment portfolio or looking to combine homeownership with rental potential, this property offers flexibility to make it work for you.

Listing Details MLS# 2122800

General Property Information

Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Living Area: 4160
Living Area Source: Builder
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-02-04
Garage YN: No
Carport YN: No
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: Yes
Directions: From I-95, take Exit 362A for US-17 North/Lem Turner Rd. Continue north on Lem Turner Rd approximately 2.5 miles. Turn right onto Yelford Cir. Property is located on the right at 1510 Yelford Cir.
Public Remarks: Four units, plenty of possibilities! This quadplex presents an exciting investment opportunity, with each unit featuring 2 bedrooms and 2 bathrooms. Three units are currently occupied, with leases running through August 2027 and October 2027, providing rental income from day one. The other unit offers the opportunity to welcome new tenants or make one your own while earning income from the others! Whether you're growing your investment portfolio or looking to combine homeownership with rental potential, this property offers flexibility to make it work for you.
List Price/SqFt: 209.11

Property Features

Appliances: Dishwasher; Electric Range; Refrigerator Cooling: Central Air Current Use: Multi-Family Flooring: Vinyl Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Cleared Parking Features: Parking Lot Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Shingle Utilities: Cable Available; Electricity Available; Water Available Water Source: Public

Contract Information

Listing Contract Date: 2025-12-29
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 1510
Street Name: YELFORD
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32218
Subdivision Name: Biscayne Villas
MLS Area Major: 091-Garden City/Airport

Status Change Information

Major Change Timestamp: 2026-10-30T12:43:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-30T12:43:27Z

Currently Not Used

Property Attached YN: No
yn11: No

More Information

Unit 1 Details

Unit ID: 101
Actual Rent: 1450
Unit SqFt: 1040
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: This unit is currently vacant.

Unit 2 Details

Unit ID: 102
Actual Rent: 1425
Unit SqFt: 1040
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: This unit is currently occupied.

Unit 3 Details

Unit ID: 201
Actual Rent: 1450
Unit SqFt: 1040
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: This unit is currently tenant occupied

Unit 4 Details

Unit ID: 202
Actual Rent: 1450
Unit SqFt: 1040
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: This unit is currently tenant occupied

Listing Office: SUNCOAST PROPERTY MANAGEMENT LLC

Last Updated: October - 30 - 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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