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.

1812 INWOOD Terrace, Jacksonville, FL 32207 (MLS# 2168001)

1812 INWOOD Terrace, Jacksonville, FL 32207

$299,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,260 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $299,900 List Date: 10/10/2026 Last Modified: 11/01/2026

Overview

Description

Charming cottage living just minutes from the heart of San Marco! This inviting 3-bedroom, 1-bath home blends timeless character with thoughtful updates. Original wood floors add warmth and personality throughout, while the updated kitchen features granite countertops and stainless steel appliances. Gather around the wood-burning fireplace on cozy evenings or enjoy your morning coffee from the welcoming front porch. The backyard patio offers a great spot for relaxing, entertaining, or enjoying Jacksonville's beautiful weather. Full of charm and conveniently located near the shops, dining, parks, and amenities of San Marco, this delightful cottage is ready to welcome you home. Closing may take up to 60 days. Please reach out with questions.

Listing Details MLS# 2168001

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1260
Living Area Source: Public Records
Year Built: 1939
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.18
Association YN: No
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: Yes
Senior Community YN: No
Directions: N/Hendricks Ave 1st Right past Hendricks Elementary School onto Inwood Terrace to house on Right
Public Remarks: Charming cottage living just minutes from the heart of San Marco! This inviting 3-bedroom, 1-bath home blends timeless character with thoughtful updates. Original wood floors add warmth and personality throughout, while the updated kitchen features granite countertops and stainless steel appliances. Gather around the wood-burning fireplace on cozy evenings or enjoy your morning coffee from the welcoming front porch. The backyard patio offers a great spot for relaxing, entertaining, or enjoying Jacksonville's beautiful weather. Full of charm and conveniently located near the shops, dining, parks, and amenities of San Marco, this delightful cottage is ready to welcome you home. Closing may take up to 60 days. Please reach out with questions.
List Price/SqFt: 238.02

Property Features

Architectural Style: Cottage Levels: One Appliances: Electric Range; Refrigerator Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s) Flooring: Tile; Wood Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement Patio And Porch Features: Front Porch; Patio Roof: Shingle Parking Features: Off Street 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: No
Listing Contract Date: 2026-10-06

Location Tax and Legal

Street Number: 1812
Street Name: INWOOD
Street Suffix: Terrace
County: Duval
State: FL
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: South Riverside

Status Change Information

Major Change Timestamp: 2026-10-26T23:42:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T23:42:16Z

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Last Updated: November - 01 - 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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