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.

2501 RED ROBIN Drive E, Jacksonville, FL 32210 (MLS# 2165806)

2501 RED ROBIN Drive E, Jacksonville, FL 32210

$199,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,185 Lot Size (sq. ft.): 12,197 Status: Active

Current Price: $199,900 List Date: 10/01/2026 Last Modified: 10/27/2026

Overview

Description

Assumable 6.75% FHA Loan Available! Fully renovated in 2024, this move-in-ready 3-bedroom home offers modern updates, valuable system improvements, and a spacious 0.28-acre lot at the end of a cul-de-sac. Major updates include a roof replaced in 2024, a new electrical panel in 2026, A/C replaced in 2021, and a water heater installed in 2020. Enjoy the benefits of an updated home with room to spread out, whether you're relaxing outdoors, entertaining, or making the most of the generous yard. Conveniently located on Jacksonville's Westside, the property offers easy access to NAS Jacksonville, I-295, shopping, dining, Orange Park, and the Blanding Boulevard corridor. If you're looking for a move-in-ready home with a large lot and major improvements already completed, this property is worth a closer look.

Listing Details MLS# 2165806

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1185
Living Area Source: Public Records
Year Built: 1961
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.28
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: I-295 to Wilson Blvd E. Left on Firestone Rd, right on Miss Muffett Ln, right on Red Robin Dr, left on Christopher Robin Dr, left on Red Robin Dr E. Follow to end of cul-de-sac.
Public Remarks: Assumable 6.75% FHA Loan Available! Fully renovated in 2024, this move-in-ready 3-bedroom home offers modern updates, valuable system improvements, and a spacious 0.28-acre lot at the end of a cul-de-sac. Major updates include a roof replaced in 2024, a new electrical panel in 2026, A/C replaced in 2021, and a water heater installed in 2020. Enjoy the benefits of an updated home with room to spread out, whether you're relaxing outdoors, entertaining, or making the most of the generous yard. Conveniently located on Jacksonville's Westside, the property offers easy access to NAS Jacksonville, I-295, shopping, dining, Orange Park, and the Blanding Boulevard corridor. If you're looking for a move-in-ready home with a large lot and major improvements already completed, this property is worth a closer look.
List Price/SqFt: 168.69

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Flooring: Tile; Vinyl Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Electric Water Source: Public Sewer: Public Sewer Roof: Shingle Parking Features: Other Current Use: Residential; Single Family Road Surface Type: Asphalt 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: 2026-09-21

Location Tax and Legal

Street Number: 2501
Street Name: RED ROBIN
Street Suffix: Drive
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 053-Hyde Grove Area
Subdivision Name: Cedar Hills Estates

Status Change Information

Major Change Timestamp: 2026-10-24T18:49:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-24T18:49:39Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: MARK SPAIN REAL ESTATE

Last Updated: October - 27 - 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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