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.

16054 HUTTON Lane, Jacksonville, FL 32218 (MLS# 2167507)

16054 HUTTON Lane, Jacksonville, FL 32218

$299,900

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,637 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $299,900 List Date: 10/02/2026 Last Modified: 11/02/2026

Overview

Description

Situated on a cul de sac, this beautiful 3 bedroom, 2 bath home offers inviting curb appeal, a spacious front yard, and an open concept floor plan ideal for everyday living and entertaining. A separate study provides flexible space for a home office, entertainment room, or potential fourth bedroom. Enjoy a private, fenced backyard with room to relax and gather outdoors. Conveniently located near Jacksonville International Airport, River City Marketplace, and the Florida and Georgia state line, with downtown Jacksonville approximately 20 minutes away. Schedule your showing today!

Listing Details MLS# 2167507

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1637
Living Area Source: Public Records
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.19
Association YN: Yes
Association Fee: 475
Association Fee Frequency: Annually
Association Name: Elim Services, Inc
Association Phone: 9042418886
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: I-95 to Exit 366, east on Pecan Park Rd, left on Main St, turn onto Redland Way, then left on Hutton Ln. Continue to 16054.
Public Remarks: Situated on a cul de sac, this beautiful 3 bedroom, 2 bath home offers inviting curb appeal, a spacious front yard, and an open concept floor plan ideal for everyday living and entertaining. A separate study provides flexible space for a home office, entertainment room, or potential fourth bedroom. Enjoy a private, fenced backyard with room to relax and gather outdoors. Conveniently located near Jacksonville International Airport, River City Marketplace, and the Florida and Georgia state line, with downtown Jacksonville approximately 20 minutes away. Schedule your showing today!
List Price/SqFt: 183.2

Property Features

Architectural Style: Ranch Appliances: Convection Oven; Dishwasher; Disposal; Electric Water Heater; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Flooring: Carpet; Tile Laundry Features: Washer Hookup Utilities: Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Vinyl Siding; Wood Siding Parking Features: Garage Lot Features: Cul-De-Sac Fencing: Back Yard Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-10-02

Location Tax and Legal

Street Number: 16054
Street Name: HUTTON
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32218
MLS Area Major: 092-Oceanway/Pecan Park
Subdivision Name: Hillcrest Bluff

Status Change Information

Major Change Timestamp: 2026-10-22T17:16:12Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-22T17:16:12Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: November - 02 - 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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