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.

2500 COMMUNITY Road, Jacksonville, FL 32207 (MLS# 2163723)

2500 COMMUNITY Road, Jacksonville, FL 32207

$209,000

Home and shed are sold as is. Area where septic filed/tank are located

Home and shed are sold as is. Non conforming bedroom but you could create a hallway where wall lights are and have a conforming bedroom with hallway

Home and shed are sold as is. wall of windows

Home and shed are sold as is. refrigerator, trash compactor, range, dishwasher convey as is.

Home and shed are sold as is. Door to sunporch/dining room inside

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,453 Lot Size (sq. ft.): 17,860 Status: Active Under Contract

Current Price: $209,000 List Date: 9/06/2026 Last Modified: 11/03/2026

Overview

Description

Great opportunity in desirable Lakewood! This charming 2 bedroom 2 bath home sits on 2 spacious lots and offers plenty of room, character, and potential at an attractive price point. Step inside to find hardwood floors, comfortable living spaces, and a bright sunroom that provides additional space for relaxing, entertaining, a home office or hobbies. A full utility room adds valuable storage and functionality. Outside, new siding and wooden decks both front and rear adds to the appeal. The detached out building/garage functions beautifully as a large workshop with plenty of room for projects, tools, equipment and add'l storage. A small attached read shed provides convenient separate storage for lawn equipent and outdoor items. Add'l features include a roof approx. 6 years old, HVAC approx. 10 years old, a gas water heater approx. 2 years old, public water for the home, separate well for irrigation saving you $. Refrigerator, range, dishwasher, trash compactor, washer convey. Wonderful

Supplements: starter home or investment opportunity within walking distance to schools and shopping. With two lots, two full baths, a sunroom, dedicated utility space and a substantial workshop/garage, this property offers a lot for this low price in an established Lakewood neighborhood. Bring your ideas and make it your own. PROPERTY IS BEING SOLD AS IS. S ... (Read more)

Listing Details MLS# 2163723

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1453
Living Area Source: Public Records
Year Built: 1916
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.41
Lot Size Dimensions: 120x150
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
Direction Faces: South
Directions: Take SR 13 (San Jose Blvd) south from San Marco. Turn left onto University. Turn left onto Patsy Anne Dr. and a right onto Community Rd. Home is on the right.
Public Remarks: Great opportunity in desirable Lakewood! This charming 2 bedroom 2 bath home sits on 2 spacious lots and offers plenty of room, character, and potential at an attractive price point. Step inside to find hardwood floors, comfortable living spaces, and a bright sunroom that provides additional space for relaxing, entertaining, a home office or hobbies. A full utility room adds valuable storage and functionality. Outside, new siding and wooden decks both front and rear adds to the appeal. The detached out building/garage functions beautifully as a large workshop with plenty of room for projects, tools, equipment and add'l storage. A small attached read shed provides convenient separate storage for lawn equipent and outdoor items. Add'l features include a roof approx. 6 years old, HVAC approx. 10 years old, a gas water heater approx. 2 years old, public water for the home, separate well for irrigation saving you $. Refrigerator, range, dishwasher, trash compactor, washer convey. Wonderful
List Price/SqFt: 143.84

Property Features

Architectural Style: Traditional Levels: One Property Condition: Fixer Appliances: Dishwasher; Electric Oven; Electric Range; Gas Water Heater; Refrigerator; Trash Compactor; Washer Interior Features: Primary Bathroom - Tub with Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Wood Laundry Features: Washer Hookup Utilities: Electricity Connected; Water Available; Water Connected Cooling: Central Air; Electric Heating: Central Water Source: Public; Well Sewer: Septic Tank Construction Materials: Vinyl Siding Other Structures: Shed(s) Patio And Porch Features: Deck; Front Porch; Patio; Porch; Rear Porch Roof: Shingle Parking Features: Detached Current Use: Residential Road Frontage Type: City Street Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection