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.

2020 PATE Road N, Jacksonville, FL 32226 (MLS# 2150182)

2020 PATE Road N, Jacksonville, FL 32226

$349,900

EXAMPLE: COLORS, FINISHES, FLOORING, ORIENTATION, FIXTURES MAY VARY

EXAMPLE 1759R OPT C. NETWORK GREY, RUSTIC RED DOOR

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,759 Lot Size (sq. ft.): 19,602 Status: Active

Current Price: $349,900 List Date: 6/12/2026 Last Modified: 11/01/2026

Overview

Description

Beautiful 4/2 home with covered lanai, near River City Marketplace, shopping, restaurants, and more. The open concept floor plan is always a plus, and the inclusion of white cabinets, granite countertops, and Revwood flooring in the color aged burlap oak in living areas (with carpet in the bedrooms) will add a modern and comfortable touch. The stainless-steel appliance package which includes a side-by-side fridge, self-cleaning glass top range, dishwasher, and OTR microwave are a great convenience for any homeowner. It's also reassuring that the home comes with a 1-year builder warranty and termite bond, providing peace of mind for the buyer. This property is well-equipped and designed for modern living. The combination of features and location makes it a compelling option for those looking for a new home in a fast-growing area. Staging photos are an example, colors, finishes, fixtures may vary.

Supplements: (RANGE & FRIDGE GO IN ABOUT A WEEK BEFORE CLOSING) This home is equipped with a performance based engineered septic system, ensuring efficiency and reliability; city required yearly maintenance agreement and fee will be in place.

Listing Details MLS# 2150182

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1759
Living Area Source: Builder
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.45
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2026-08-07
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Take 295 N to Alta Drive, go down Alta, turns into Yellow Bluff...home is corner of Yellow Bluff and Pate
Public Remarks: Beautiful 4/2 home with covered lanai, near River City Marketplace, shopping, restaurants, and more. The open concept floor plan is always a plus, and the inclusion of white cabinets, granite countertops, and Revwood flooring in the color aged burlap oak in living areas (with carpet in the bedrooms) will add a modern and comfortable touch. The stainless-steel appliance package which includes a side-by-side fridge, self-cleaning glass top range, dishwasher, and OTR microwave are a great convenience for any homeowner. It's also reassuring that the home comes with a 1-year builder warranty and termite bond, providing peace of mind for the buyer. This property is well-equipped and designed for modern living. The combination of features and location makes it a compelling option for those looking for a new home in a fast-growing area. Staging photos are an example, colors, finishes, fixtures may vary.
List Price/SqFt: 198.92

Property Features

Levels: One Property Condition: Under Construction Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Laminate Utilities: Sewer Not Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Attached; Garage Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Showing Requirements: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-11

Location Tax and Legal

Street Number: 2020
Street Name: PATE
Street Suffix: Road
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32226
MLS Area Major: 092-Oceanway/Pecan Park
Subdivision Name: Oceanway

Status Change Information

Major Change Timestamp: 2026-11-01T22:44:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-01T22:44:56Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

1759R opt C ›

site plan ›

Listing Office: RPB REALTY,INC

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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