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.

16228 DOWING CREEK Drive, Jacksonville, FL 32218 (MLS# 2167014)

16228 DOWING CREEK Drive, Jacksonville, FL 32218

$389,900

YBL Fireplace in Covered Patio at Commun

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Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,894 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $389,900 List Date: 9/29/2026 Last Modified: 10/29/2026

Overview

Description

Price Improvement! You will immediately see the superb quality in this move-in-ready 4 bdrm ranch in popular Yellow Bluff Landing. Beautiful tile and freshly painted neutral colors throughout. New carpet in owners bdrm, 3-yr-new carpet in other bdrms. The kitchen is a dream for busy owners: granite counters and a work-station island overlooks expanded living space for casual dining and relaxing in the living room. Owner's bath features huge garden tub and separate tiled shower. Ceiling fans throughout home. A spacious screened lanai leads to the fenced, garden-like back yard with ample trees and shrubs. Freshly painted inside and exterior. Built by Providence Homes in 2016 with many upgraded energy features (R-21 insulation and Low E Glass windows). Community amenities: swimming pool, basketball court, soccer field, exercise room, clubhouse. You will be impressed with this home! Don't delay! Home is also listed For Rent (MLS#2169460), but will be removed from rental market if sold.

Supplements: Survey in Documents dated July 2015 is for informational purposes only. Lender may require updated survey. HVAC system has been professionally cleaned every 6 months since installation. New washer and dryer (both Energy Star) installed in 2026. New bedroom ceiling fan. Fresh tree trimming and mulching. Move-in ready. See Documents Section for Offer ... (Read more)

Listing Details MLS# 2167014

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2245
Living Area Source: Assessor
Building Area Total: 2894
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.17
Lot Size Dimensions: 52 x 132 per public records
Association YN: Yes
Association Fee: 75
Association Fee Frequency: Annually
Association Name: Yellow Bluff Landing Association
Association Phone: 904-757-1547
CDD Fee YN: Yes
CDD Fee Amount: 2087.19
Accessibility Features YN: Yes
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
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: I-95 to Pecan Park Road exit, go east to Main Street, go north to Yellow Bluff Landing entrance on your right, turn right on Dowing Creek Drive, home on right.
Public Remarks: Price Improvement! You will immediately see the superb quality in this move-in-ready 4 bdrm ranch in popular Yellow Bluff Landing. Beautiful tile and freshly painted neutral colors throughout. New carpet in owners bdrm, 3-yr-new carpet in other bdrms. The kitchen is a dream for busy owners: granite counters and a work-station island overlooks expanded living space for casual dining and relaxing in the living room. Owner's bath features huge garden tub and separate tiled shower. Ceiling fans throughout home. A spacious screened lanai leads to the fenced, garden-like back yard with ample trees and shrubs. Freshly painted inside and exterior. Built by Providence Homes in 2016 with many upgraded energy features (R-21 insulation and Low E Glass windows). Community amenities: swimming pool, basketball court, soccer field, exercise room, clubhouse. You will be impressed with this home! Don't delay! Home is also listed For Rent (MLS#2169460), but will be removed from rental market if sold.
List Price/SqFt: 173.67

Property Features

Architectural Style: Contemporary; Ranch Accessibility Features: Accessible Central Living Area Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Water Heater; ENERGY STAR Qualified Dryer; ENERGY STAR Qualified Washer; Ice Maker; Microwave; Plumbed For Ice Maker; Refrigerator Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Electric; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Programmable Thermostat Green Energy Efficient: Construction; Doors; Insulation; Windows Construction Materials: Frame; Stone Veneer; Stucco Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded Fencing: Back Yard Current Use: Residential Association Amenities: Barbecue; Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Management - On Site; Pickleball; Playground Community Features: Curbs; Sidewalks; Street Lights Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional Room Types: Great Room; Utility Room