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.

2048 NOTTOWAY WOODS Lane, Jacksonville, FL 32220 (MLS# 2155774)

2048 NOTTOWAY WOODS Lane, Jacksonville, FL 32220

$250,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,856 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $250,000 List Date: 7/16/2026 Last Modified: 10/27/2026

Overview

Description

BUYER OPPORTUNITY — DOWN PAYMENT ASSISTANCE AVAILABLE! This beautiful 4-bedroom, 2-bath Jacksonville home, built in 2020, offers the perfect combination of modern comfort, affordability, and valuable buyer incentives. Qualified buyers may be eligible for up to $25,000 in Down Payment Assistance (DPA) to help make homeownership more attainable. Plus, the seller will pay off the solar panels in full at closing, allowing the new owner to enjoy the potential benefits of solar energy without taking on the existing solar balance. With low HOA dues and no CDD fees, this home offers an opportunity for more manageable homeownership costs. If you're looking for a newer home with valuable incentives and potential energy savings, this one is worth a closer look!

Listing Details MLS# 2155774

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1856
Living Area Source: Public Records
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.16
Association YN: Yes
Association Fee: 175
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From I-295, take Exit 22 toward Commonwealth Ave. Head west on Commonwealth Ave. Turn right onto Imeson Rd, right onto Old Pioneer Rd, right onto Sotterley Ln, then right onto Nottoway Woods Ln. Continue to 2048 Nottoway Woods Ln.
Public Remarks: BUYER OPPORTUNITY — DOWN PAYMENT ASSISTANCE AVAILABLE! This beautiful 4-bedroom, 2-bath Jacksonville home, built in 2020, offers the perfect combination of modern comfort, affordability, and valuable buyer incentives. Qualified buyers may be eligible for up to $25,000 in Down Payment Assistance (DPA) to help make homeownership more attainable. Plus, the seller will pay off the solar panels in full at closing, allowing the new owner to enjoy the potential benefits of solar energy without taking on the existing solar balance. With low HOA dues and no CDD fees, this home offers an opportunity for more manageable homeownership costs. If you're looking for a newer home with valuable incentives and potential energy savings, this one is worth a closer look!
List Price/SqFt: 134.7

Property Features

Appliances: Microwave; Refrigerator Utilities: Electricity Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Spa Features: Community Parking Features: Garage Current Use: Residential; Single Family 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: 2026-07-16

Location Tax and Legal

Street Number: 2048
Street Name: NOTTOWAY WOODS
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Pritchard Point

Status Change Information

Major Change Timestamp: 2026-09-28T20:50:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-28T20:50:07Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: MARK SPAIN REAL ESTATE

Last Updated: October - 27 - 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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