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.

2219 LOU Drive W, Jacksonville, FL 32216 (MLS# 2166368)

2219 LOU Drive W, Jacksonville, FL 32216

$245,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,236 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $245,000 List Date: 9/24/2026 Last Modified: 11/02/2026

Overview

Description

Great opportunity in Jacksonville! This 3-bedroom, 2-bath home offers 1,236 sq. ft., granite kitchen countertops, and two full bathrooms. Major updates include a 2019 roof and HVAC replaced in 2018-2019, plus updated plumbing and electrical. A localized flooring area offers an opportunity for improvement and customization, making this property appealing to homeowners, investors, and flippers alike. Property sold AS-IS

Listing Details MLS# 2166368

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1236
Living Area Source: Public Records
Year Built: 1958
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.2
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: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Continue onto S Nathan Dr for 446 ft, then turn left onto Lou Dr S; the destination will be on the right.
Public Remarks: Great opportunity in Jacksonville! This 3-bedroom, 2-bath home offers 1,236 sq. ft., granite kitchen countertops, and two full bathrooms. Major updates include a 2019 roof and HVAC replaced in 2018-2019, plus updated plumbing and electrical. A localized flooring area offers an opportunity for improvement and customization, making this property appealing to homeowners, investors, and flippers alike. Property sold AS-IS
List Price/SqFt: 198.22

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Other Utilities: Sewer Available; Water Available Cooling: Central Air Heating: Electric Water Source: Public Sewer: Public Sewer Exterior Features: Other Roof: Other Parking Features: Attached; Garage Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-24

Location Tax and Legal

Street Number: 2219
Street Name: LOU
Street Suffix: Drive
Street Direction Suffix: W
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Sans Souci

Status Change Information

Major Change Timestamp: 2026-11-02T12:45:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-02T12:45:56Z

DPR Eligible

DPR Eligible: Yes

More Information

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width
Primary Bedroom	Main	12.00	12.00
Bedroom 2	Main	10.00	10.00
Bedroom 3	Main	10.00	10.00
Kitchen	Main	14.00	15.00
Living Room	Main	15.00	15.00

Listing Office: JOSEPH WALTER REALTY LLC

Last Updated: November - 02 - 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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