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.

2311 LAUREL Road, Jacksonville, FL 32207 (MLS# 2171235)

2311 LAUREL Road, Jacksonville, FL 32207

New Listing

$1,750,000

Virtual Tour

https://www.zillow.com/view-imx/77831a92-1b00-491e-a7b0-48af50593a48?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,418 Lot Size (sq. ft.): 22,216 Status: Active

Current Price: $1,750,000 List Date: 10/29/2026 Last Modified: 11/03/2026

Overview

Description

Welcome to the Wolfson Mansion, a 1938 San Marco landmark, ready for its next chapter. Designed by Hopkins & Huddleston and built for civic leader and philanthropist Morris Wolfson, this estate is one of San Marco's most distinctive historic homes. It sits on a half-acre corner at Laurel Road and Marco Place. The original character is remarkably intact: a sweeping barrel-tile roofline, polychrome tile and cast stone window surrounds, and a Moorish-inspired entry. Inside, a grand foyer and winding staircase open to formal living and dining rooms, a wood-paneled study and a light-filled sunroom. There are five bedrooms in roughly 5,400 square feet and an elevator if needed. Bring your vision. The home is ready for renovation, and the oversized lot has room to create a private resort setting with a pool, gardens and a new garage. Restored, it becomes a legacy residence, moments from San Marco Square and the St. Johns River.

Listing Details MLS# 2171235

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 5418
Living Area Source: Public Records
Year Built: 1939
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.51
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 4
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Southwest
Directions: Take Hendricks South of the Square, veer Right on Arbor. Veer Left on Laurel, home on Left
Public Remarks: Welcome to the Wolfson Mansion, a 1938 San Marco landmark, ready for its next chapter. Designed by Hopkins & Huddleston and built for civic leader and philanthropist Morris Wolfson, this estate is one of San Marco's most distinctive historic homes. It sits on a half-acre corner at Laurel Road and Marco Place. The original character is remarkably intact: a sweeping barrel-tile roofline, polychrome tile and cast stone window surrounds, and a Moorish-inspired entry. Inside, a grand foyer and winding staircase open to formal living and dining rooms, a wood-paneled study and a light-filled sunroom. There are five bedrooms in roughly 5,400 square feet and an elevator if needed. Bring your vision. The home is ready for renovation, and the oversized lot has room to create a private resort setting with a pool, gardens and a new garage. Restored, it becomes a legacy residence, moments from San Marco Square and the St. Johns River.
List Price/SqFt: 323

Property Features

Architectural Style: Historic; Spanish Levels: Two Property Condition: Fixer Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Interior Features: Butler Pantry; Elevator; Entrance Foyer; Guest Suite; Jack and Jill Bath; Primary Bathroom - Shower No Tub; Split Bedrooms Flooring: Tile; Wood Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Brick; Concrete Exterior Features: Balcony; Courtyard Patio And Porch Features: Patio Roof: Tile Parking Features: Carport; Gated Lot Features: Corner Lot; Historic Area Fencing: Full Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-28

Location Tax and Legal

Street Number: 2311
Street Name: LAUREL
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32207
MLS Area Major: 011-San Marco
Subdivision Name: San Marco

Status Change Information

Major Change Timestamp: 2026-10-29T20:21:40Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: 2

More Information

DPR Eligible

DPR Eligible: No

Documents

Offer Instructions ›

Seller Property Disclosure ›

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: November - 03 - 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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