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.

1829 POWELL Place, Jacksonville, FL 32205 (MLS# 2171499)

1829 POWELL Place, Jacksonville, FL 32205

New Listing

$1,825,000

Virtual Tour

https://app.eastcoastvtours.com/sites/eyvmmqgd/unbranded

Quick stroll down to the St. Johns River

Downstairs mudroom- door out to backyard

57-web-or-mls-Avondale Neighborhood Park

56-web-or-mls-Avondale Neighborhood Park

110-web-or-mls-NEW Avondale Neighborhood

111-web-or-mls-NEW Avondale Neighborhood

112-web-or-mls-NEW Avondale Neighborhood

115-web-or-mls-NEW Avondale Neighborhood

113-web-or-mls-NEW Avondale Neighborhood

116-web-or-mls-NEW Avondale Neighborhood

86-web-or-mls-Avondale Neighborhood Park

81-web-or-mls-Avondale Neighborhood Park

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,097 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $1,825,000 List Date: 11/02/2026 Last Modified: 11/03/2026

Overview

Description

New construction, seven homes from the St. Johns River, on a quiet dead-end street in Historic Avondale. New construction in a neighborhood that almost never makes room for it. The main home has 6 bedrooms and 4.5 baths, with 10-foot ceilings, wood floors, crown molding and a marble gas fireplace anchoring an open floor plan made for entertaining. The kitchen has quartzite counters, an oversized island, 60" soft-close cabinetry, a walk-in pantry, stainless appliances and a dual-fuel range. Upstairs, the primary suite has tray ceilings, walk-in closets, a private balcony, and a spa bath with a marble double vanity, soaking tub and glass shower. Over the detached two-car garage, a 1-bedroom, 1-bath apartment with its own entrance works for guests, family, a home office or rental income. There's also an elevator, a wine room and a mudroom. Behind the walls it's built to last: stem wall foundation, spray-foam insulated roof, 400-amp service and two tankless gas water heaters.

Open Houses

Sunday, November 8, 2:00 pm - 5:00 pm

Listing Details MLS# 2171499

General Property Information

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 4097
Living Area Source: Public Records
Year Built: 2025
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 0.16
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-12-31
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: 2
Senior Community YN: No
Directions: From Highway 17: Exit onto Edgewood Avenue and head toward the St. Johns River. Turn left onto St. Johns Avenue, then right onto Powell Place; the site will be on the left
Public Remarks: New construction, seven homes from the St. Johns River, on a quiet dead-end street in Historic Avondale. New construction in a neighborhood that almost never makes room for it. The main home has 6 bedrooms and 4.5 baths, with 10-foot ceilings, wood floors, crown molding and a marble gas fireplace anchoring an open floor plan made for entertaining. The kitchen has quartzite counters, an oversized island, 60" soft-close cabinetry, a walk-in pantry, stainless appliances and a dual-fuel range. Upstairs, the primary suite has tray ceilings, walk-in closets, a private balcony, and a spa bath with a marble double vanity, soaking tub and glass shower. Over the detached two-car garage, a 1-bedroom, 1-bath apartment with its own entrance works for guests, family, a home office or rental income. There's also an elevator, a wine room and a mudroom. Behind the walls it's built to last: stem wall foundation, spray-foam insulated roof, 400-amp service and two tankless gas water heaters.
List Price/SqFt: 445.45

Property Features

Architectural Style: Craftsman; Historic; Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Double Oven; Freezer; Gas Range; Ice Maker; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater; Washer; Wine Cooler Fireplace Features: Gas Interior Features: Breakfast Bar; Butler Pantry; Ceiling Fan(s); Elevator; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Split Bedrooms; Walk-In Closet(s); Wet Bar; Wine Cellar Flooring: Marble; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air; Split System Heating: Central; Electric Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Smart Home Features: Bulbs; Carbon Monoxide Detector; Irrigation; Programmable Thermostat; Smoke Detector Construction Materials: Brick; Concrete Other Structures: Guest House Exterior Features: Balcony Patio And Porch Features: Covered; Deck; Front Porch; Patio; Porch; Rear Porch Roof: Shingle Parking Features: Detached; Garage; Garage Door Opener; Guest; Off Street; On Street Lot Features: Historic Area; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Fenced; Wood Current Use: Single Family Community Features: Curbs; Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan