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.

1702 CHALLENGER Court W 1702, Jacksonville, FL 32233 (MLS# 2160403)

1702 CHALLENGER Court W 1702, Jacksonville, FL 32233

$223,900

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,035 Lot Size (sq. ft.): 436 Status: Pending

Current Price: $223,900 List Date: 8/16/2026 Last Modified: 10/26/2026

Overview

Description

Welcome to this beautifully completely renovated 2-bedroom, 2-bathroom condo at 1702 Challenger Ct W. This home has been thoughtfully updated from top to bottom, offering a truly move-in-ready opportunity with extensive improvements throughout. Updates include a new electrical panel and electrical work, new flooring, a completely updated kitchen, beautifully renovated bathrooms, new sliding glass doors and interior doors, fresh interior paint, and much more. The open and inviting layout provides comfortable living spaces with modern finishes and plenty of natural light. With so many of the major components already updated, this condo offers the convenience of a newer home without the hassle and expense of taking on a renovation yourself. Whether you're a first-time buyer, looking to downsize, or searching for a low-maintenance investment, this property is a fantastic opportunity to own a fully renovated home in Jacksonville.

Listing Details MLS# 2160403

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1035
Living Area Source: Public Records
Year Built: 1986
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 463
Association Fee Frequency: Monthly
Association Name: Courtyards Mayport
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: 2
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Mayport Road, take your first left, around the bend. Then take your first right. Parking in spots assigned to 1702 or visitor.
Public Remarks: Welcome to this beautifully completely renovated 2-bedroom, 2-bathroom condo at 1702 Challenger Ct W. This home has been thoughtfully updated from top to bottom, offering a truly move-in-ready opportunity with extensive improvements throughout. Updates include a new electrical panel and electrical work, new flooring, a completely updated kitchen, beautifully renovated bathrooms, new sliding glass doors and interior doors, fresh interior paint, and much more. The open and inviting layout provides comfortable living spaces with modern finishes and plenty of natural light. With so many of the major components already updated, this condo offers the convenience of a newer home without the hassle and expense of taking on a renovation yourself. Whether you're a first-time buyer, looking to downsize, or searching for a low-maintenance investment, this property is a fantastic opportunity to own a fully renovated home in Jacksonville.
List Price/SqFt: 216.33

Property Features

Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Electric Water Heater; Ice Maker; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); His and Hers Closets; Open Floorplan; Primary Bathroom - Tub with Shower; Split Bedrooms Flooring: Luxury Vinyl Laundry Features: Electric Dryer Hookup; In Unit; Upper Level; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Security Features: Firewall(s); Smoke Detector(s) Construction Materials: Stucco; Wood Siding Exterior Features: Other Patio And Porch Features: Patio Roof: Shingle Parking Features: Additional Parking; Assigned; Guest View: Pond Fencing: Other Current Use: Residential Association Amenities: Community Pool; Management - Off Site Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-08-16
Unit Type: Exterior Unit

Location Tax and Legal

Street Number: 1702
Street Name: CHALLENGER
Street Suffix: Court
Street Direction Suffix: W
County: Duval
State: FL
Postal Code: 32233
MLS Area Major: 242-Mayport
Subdivision Name: Courtyards Mayport

Status Change Information

Major Change Timestamp: 2026-10-26T20:33:06Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-21T18:20:24Z
Purchase Contract Date: 2026-10-25

DPR Eligible

DPR Eligible: No

More Information

Listing Office: PETRA MANAGEMENT INC.

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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