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.

2150 BROAD WATER Drive, Jacksonville, FL 32225 (MLS# 2170713)

2150 BROAD WATER Drive, Jacksonville, FL 32225

New Listing

$475,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,239 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $475,000 List Date: 11/04/2026 Last Modified: 11/04/2026

Overview

Description

Come see the improvements just completed on this spacious 3-bedroom, 2.5-bath pool home! Septic System and drainfield to be replaced!! Recent updates include fresh interior paint, new flooring in the hallway and bedroom, and removal of the popcorn ceilings, giving the home a cleaner, refreshed look. Major improvements have already been completed, including Andersen windows, ROOF 2021, fully renovated bathrooms, a newly installed backyard fence, and a pool pump replaced in 2023. Step inside to a spacious family room highlighted by a full stone wood-burning fireplace, creating an inviting centerpiece for the home. The Florida Room opens directly to the fully fenced backyard and private pool, providing plenty of space for entertaining, relaxing, or enjoying the Florida lifestyle. With many of the big-ticket improvements already completed and even more updates just finished. Additional features include

Supplements: a roof approximately 3 years old, a large 2-car garage with ample storage, and a convenient location just minutes from Jacksonville International Airport, Downtown Jacksonville, and Hanna Park Beach. With many big-ticket improvements already done -- and the remaining paint and flooring to be completed before closing -- this home is a rare opportun ... (Read more)

Listing Details MLS# 2170713

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2239
Living Area Source: Public Records
Year Built: 1986
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Head southeast on Fort Caroline Rd toward Rio Cove Dr, Turn left onto Rio Cove Dr, Turn right onto Broadwater Dr, Destination will be on the right.
Public Remarks: Come see the improvements just completed on this spacious 3-bedroom, 2.5-bath pool home! Septic System and drainfield to be replaced!! Recent updates include fresh interior paint, new flooring in the hallway and bedroom, and removal of the popcorn ceilings, giving the home a cleaner, refreshed look. Major improvements have already been completed, including Andersen windows, ROOF 2021, fully renovated bathrooms, a newly installed backyard fence, and a pool pump replaced in 2023. Step inside to a spacious family room highlighted by a full stone wood-burning fireplace, creating an inviting centerpiece for the home. The Florida Room opens directly to the fully fenced backyard and private pool, providing plenty of space for entertaining, relaxing, or enjoying the Florida lifestyle. With many of the big-ticket improvements already completed and even more updates just finished. Additional features include
List Price/SqFt: 212.15

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Skylight(s); Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Security Features: Smoke Detector(s) Construction Materials: Stone Veneer Patio And Porch Features: Patio Pool Features: In Ground; Pool Sweep Roof: Shingle Parking Features: Garage Door Opener Lot Features: Few Trees; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Vinyl 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

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-18

Location Tax and Legal

Street Number: 2150
Street Name: BROAD WATER
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32225
MLS Area Major: 042-Ft Caroline
Subdivision Name: River Cove

Status Change Information

Major Change Timestamp: 2026-11-04T08:15:33Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: KELLER WILLIAMS REALTY AT THE LAKES

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.