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.

242 SOUTHERN ROSE Drive, Jacksonville, FL 32225 (MLS# 2171987)

242 SOUTHERN ROSE Drive, Jacksonville, FL 32225

New Listing

$484,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,200 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $484,000 List Date: 11/02/2026 Last Modified: 11/02/2026

Overview

Description

Welcome home to this beautifully maintained, spacious 4-bedroom, 2-bathroom sanctuary nestled at the quiet end of a desirable cul-de-sac. Designed for both relaxing and entertaining, the interior features bright, inviting living spaces complete with brand-new carpet underfoot. The home offers complete peace of mind with newer major systems and upgraded modern appliances, ensuring effortless day-to-day living. Step out back to your private, covered porch, the perfect spot for morning coffee or evening unwinding while taking in the serene pond views. Best of all, you are just 15 minutes away from sun-drenched beaches, premier shopping, and popular local restaurants. Low HOA and no CDD fees. Offering the perfect blend of tranquil privacy and central convenience, this move-in-ready gem is truly a must-see! Book a private showing today!

Listing Details MLS# 2171987

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2200
Living Area Source: Appraiser
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.23
Association YN: Yes
Association Fee: 475
Association Fee Frequency: Annually
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: Right on Ivylena Road, Right on Southern Rose Drive, House on Right
Public Remarks: Welcome home to this beautifully maintained, spacious 4-bedroom, 2-bathroom sanctuary nestled at the quiet end of a desirable cul-de-sac. Designed for both relaxing and entertaining, the interior features bright, inviting living spaces complete with brand-new carpet underfoot. The home offers complete peace of mind with newer major systems and upgraded modern appliances, ensuring effortless day-to-day living. Step out back to your private, covered porch, the perfect spot for morning coffee or evening unwinding while taking in the serene pond views. Best of all, you are just 15 minutes away from sun-drenched beaches, premier shopping, and popular local restaurants. Low HOA and no CDD fees. Offering the perfect blend of tranquil privacy and central convenience, this move-in-ready gem is truly a must-see! Book a private showing today!
List Price/SqFt: 220

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Freezer; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Kitchen Island; Primary Bathroom -Tub with Separate Shower Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Patio And Porch Features: Rear Porch Parking Features: Garage; Off Street Lot Features: Cul-De-Sac View: Pond Current Use: 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: 2026-11-02

Location Tax and Legal

Street Number: 242
Street Name: SOUTHERN ROSE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Lenas Walk

Status Change Information

Major Change Timestamp: 2026-11-02T20:30:17Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: MAXREV, 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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