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.

195 Magnolia Street, Satellite Beach, FL 32937 (MLS# 1092300)

195 Magnolia Street, Satellite Beach, FL 32937

New Listing

$2,350

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,579 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $2,350 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

FULL PHOTOS SOON! Enjoy the best of coastal living in this charming, light-filled duplex, just one block from the beach! Vaulted ceilings and an open-concept kitchen, dining, and living area create a bright, spacious atmosphere that feels welcoming and comfortable. The primary bedroom features a walk-in closet and a walk-in tiled shower. The guest bathroom offers a lovely touch with its high ceiling and skylight, bringing in natural light. Glass sliders open to a small patio overlooking the fenced backyard, creating a pleasant spot to relax and enjoy the Florida sunshine. A two-car garage adds convenience and extra storage. A wonderful opportunity to enjoy relaxed beachside living!

Listing Details MLS# 1092300

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1137
Living Area Source: Public Records
Building Area Total: 1579
Year Built: 1999
Lot Size Acres: 0.32
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Direction Faces: West
List Price/SqFt: 2.07
Lot Size Square Feet: 13939
Property Use: 08 / DUPLEX

Property Features

Additional Lease Terms: 12 Months Owner Pays: Taxes Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Patio And Porch Features: Rear Porch Community Features: Sidewalks Water Source: Public Parking Features: Garage Sewer: Public Sewer Fencing: Back Yard; Wood Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Additional Fee Includes: Lease Prep Tenant Pays: Electricity; Sewer; Trash Collection; Water Pets Allowed: No

Contract Information

Property Sub Type: Duplex
Property Attached YN: Yes
Listing Contract Date: 2026-11-14
Lease Term: 12 Months
Availability Date: 2026-11-14
RentSpree Screening: No
Comp Sale YN: No

Location Tax and Legal

Street Number: 195
Street Name: Magnolia
Street Suffix: Street
State: FL
County: Brevard
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Gulfstream Beach

Status Change Information

Major Change Timestamp: 2026-11-14T22:35:55Z
Major Change Type: New Listing

Deposits and Fees

Additional Fee: 100
Application Fee: 50
Security Deposit: 2350

More Information

Location, Tax, and Legal

Tax Account: 2612860
General County Location: South

Legal Details

Permission to Advertise: No

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Listing Office: Engel & Volkers Melbourne

Last Updated: November - 14 - 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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