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.

2443 MERCER Circle S, Jacksonville, FL 32217 (MLS# 2166198)

2443 MERCER Circle S, Jacksonville, FL 32217

$260,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,024 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $260,000 List Date: 10/04/2026 Last Modified: 10/30/2026

Overview

Description

Welcome to 2443 Mercer Circle S — a 3-bedroom, 2-bath home situated on a desirable corner lot and offering an opportunity to bring your vision and personal style to life. This property is being sold As-Is and is ideal for a buyer looking to update and customize a home to their own taste. Major updates are already underway, including a new roof to be installed prior to closing and a new heating and air-conditioning system installed in 2026. The kitchen appliances will remain, including the refrigerator, dishwasher, and electric range/stovetop, along with the washer and dryer, making this home ready for its next owner to begin making it their own. Conveniently located in Jacksonville with easy access to shopping, dining, schools, major roadways, and everyday amenities. Location, location, location! Bring your ideas, add your own style, and unlock the potential this home has to offer.

Listing Details MLS# 2166198

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1676
Living Area Source: Public Records
Building Area Total: 2024
Year Built: 1952
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.28
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Direction Faces: East
Directions: From San Jose Blvd, head east on San Clerc Rd. Turn onto Mercer Circle S. Continue to 2443 Mercer Circle S, located on the corner lot.
Public Remarks: Welcome to 2443 Mercer Circle S — a 3-bedroom, 2-bath home situated on a desirable corner lot and offering an opportunity to bring your vision and personal style to life. This property is being sold As-Is and is ideal for a buyer looking to update and customize a home to their own taste. Major updates are already underway, including a new roof to be installed prior to closing and a new heating and air-conditioning system installed in 2026. The kitchen appliances will remain, including the refrigerator, dishwasher, and electric range/stovetop, along with the washer and dryer, making this home ready for its next owner to begin making it their own. Conveniently located in Jacksonville with easy access to shopping, dining, schools, major roadways, and everyday amenities. Location, location, location! Bring your ideas, add your own style, and unlock the potential this home has to offer.
List Price/SqFt: 160.5
Sold Price/SqFt: 155.13

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Refrigerator; Washer Fireplace Features: Wood Burning Flooring: Tile; Vinyl; Wood Laundry Features: In Garage Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Water Source: Public Sewer: Public Sewer Parking Features: Garage Current Use: Residential 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: 2026-09-23

Location Tax and Legal

Street Number: 2443
Street Name: MERCER
Street Suffix: Circle
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32217
MLS Area Major: 012-San Jose
Subdivision Name: Lakewood

Status Change Information

Major Change Timestamp: 2026-10-30T16:06:38Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-08
Close Date: 2026-10-29
Close Price: 260000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MARK SPAIN REAL ESTATE

Last Updated: October - 30 - 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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