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.

1723 COLONIAL Drive, Green Cove Springs, FL 32043 (MLS# 2171190)

1723 COLONIAL Drive, Green Cove Springs, FL 32043

$640,000

Digitally enhanced twilight photos. Some lighting may be added or altered

Primary Bath with Walk-In Shower and Courtyard Pool Access

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,257 Lot Size (sq. ft.): 17,860 Status: Active

Current Price: $640,000 List Date: 10/30/2026 Last Modified: 11/07/2026

Overview

Description

***The Courtyard House | Your Private Poolside Oasis Imagine checking into your own private resort—and never having to check out! Welcome to The Courtyard House, a one-of-a-kind courtyard oasis nestled within the gated Magnolia Point Golf & Country Club. Step inside and discover a home designed to bring the outdoors in. Natural sunlight fills the interior, creating bright, inviting spaces throughout the day. At the heart of the home is a screened, resort-style courtyard pool, offering a private retreat just steps from your front door. Four doors surround the courtyard, including elegant French doors from the kitchen, living room, and dining room, creating a seamless connection between indoor comfort and outdoor living. Property Highlights • 3 Bedrooms | 3.5 Bathrooms | 2,443 Sq. Ft. on a generous 0.46-acre homesite. • Private Courtyard Pool: A screened, resort-style centerpiece perfect for relaxing, entertaining, and enjoying your own private oasis.***

Supplements: • Light-Filled Interior: Abundant natural sunlight creates a bright, welcoming atmosphere throughout the home. • Open Kitchen & Breakfast Nook: Polished quartz countertops, an updated refrigerator and dishwasher, and a bright, inviting breakfast nook—the perfect place to enjoy your morning coffee or a casual meal. • Indoor-Outdoor Living: ... (Read more)

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Listing Details MLS# 2171190

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2443
Living Area Source: Assessor
Building Area Total: 4257
Year Built: 1996
Accessory Dwelling Unit Y/N: Yes
Homestead YN: Yes
Lot Size Acres: 0.41
Association YN: Yes
Association Fee: 505
Association Fee Frequency: Quarterly
Association Name: MAGNOLIA POINT COMMUNITY ASSOCIATION, INC.
Association Phone: 904-273-9832
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From US 17 south to Green Cove Springs Turn right onto Harbor Rd. Then right into the entrance of Magnolia Point Golf and Country Club, Turn left on Colonial. The Home is on the left.
Public Remarks: ***The Courtyard House | Your Private Poolside Oasis Imagine checking into your own private resort—and never having to check out! Welcome to The Courtyard House, a one-of-a-kind courtyard oasis nestled within the gated Magnolia Point Golf & Country Club. Step inside and discover a home designed to bring the outdoors in. Natural sunlight fills the interior, creating bright, inviting spaces throughout the day. At the heart of the home is a screened, resort-style courtyard pool, offering a private retreat just steps from your front door. Four doors surround the courtyard, including elegant French doors from the kitchen, living room, and dining room, creating a seamless connection between indoor comfort and outdoor living. Property Highlights • 3 Bedrooms | 3.5 Bathrooms | 2,443 Sq. Ft. on a generous 0.46-acre homesite. • Private Courtyard Pool: A screened, resort-style centerpiece perfect for relaxing, entertaining, and enjoying your own private oasis.***
List Price/SqFt: 261.97

Property Features

Architectural Style: Contemporary Levels: One Accessory Dwelling Information: Other Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Electric Cooktop; Electric Range; Electric Water Heater; Microwave; Refrigerator; Trash Compactor; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Guest Suite; His and Hers Closets; In-Law Floorplan; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Sink; Washer Hookup Utilities: Cable Connected; Electricity Available; Electricity Connected; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air; Split System; Zoned Heating: Central; Electric; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Fire Alarm; Gated with Guard; Security Gate; Smoke Detector(s) Construction Materials: Stucco Other Structures: Guest House; Shed(s) Exterior Features: Courtyard Patio And Porch Features: Covered; Patio; Rear Porch; Screened Pool Features: In Ground; Electric Heat; Heated; Indoor; Pool Sweep; Salt Water; Screen Enclosure; Waterfall Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Additional Parking; Circular Driveway; Garage Door Opener Lot Features: Few Trees; On Golf Course; Sprinklers In Front; Sprinklers In Rear View: Golf Course Fencing: Back Yard; Fenced; Wrought Iron Current Use: Golf Course; Residential; Single Family Association Amenities: Clubhouse; Community Pool; Gated; Golf Course; Jogging Path; Playground; Security; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security Community Features: Gated; Street Lights Road Frontage Type: Private Road Road Surface Type: Asphalt; Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan