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.

2502 WINGED ELM Drive E, Jacksonville, FL 32246 (MLS# 2170856)

2502 WINGED ELM Drive E, Jacksonville, FL 32246

$550,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,310 Lot Size (sq. ft.): 12,197 Status: Active

Current Price: $550,000 List Date: 10/26/2026 Last Modified: 10/26/2026

Overview

Description

Looking for a spacious home in The Woods gated community? This 4 bed, 3 bath home has a bonus room, in ground pool, screened enclosure, solar panels, and the circular driveway offering plenty of parking space for friends and family! The open floorplan includes hardwood flooring and tile throughout main living areas. Master Bedroom offers a luxurious primary suite, large bath with a step-in shower. Perfect home and community for a family to call home!

Listing Details MLS# 2170856

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2310
Living Area Source: Public Records
Year Built: 1994
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.28
Association YN: Yes
Association Fee: 165
Association Fee Frequency: Monthly
Association Name: The Woods Community
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From Hodges turn into The Woods. Once through gate, left on The Woods Dr. Follow to Winged Elm. House located on the corner.
Public Remarks: Looking for a spacious home in The Woods gated community? This 4 bed, 3 bath home has a bonus room, in ground pool, screened enclosure, solar panels, and the circular driveway offering plenty of parking space for friends and family! The open floorplan includes hardwood flooring and tile throughout main living areas. Master Bedroom offers a luxurious primary suite, large bath with a step-in shower. Perfect home and community for a family to call home!
List Price/SqFt: 238.1

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Microwave; Refrigerator; Washer Fireplace Features: Gas Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Stucco Patio And Porch Features: Patio; Screened Pool Features: In Ground; Screen Enclosure Roof: Shingle Parking Features: Circular Driveway Current Use: Residential Community Features: Gated; Sidewalks; Suburban Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Kitchen; Laundry; Living Room; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-25

Location Tax and Legal

Street Number: 2502
Street Name: WINGED ELM
Street Suffix: Drive
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 025-Intracoastal West-North Of Beach Blvd
Subdivision Name: The Woods

Status Change Information

Major Change Timestamp: 2026-10-26T00:08:11Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Room Information

Room Name	Length	Width
Bathroom 2	5.05	9.31
Bathroom 3	4.95	3.10
Bathroom 4	3.16	5.02
Bedroom 2
Bedroom 3
Bedroom 4	10.69	10.29
Bedroom 5
Kitchen
Laundry
Living Room
Living Room
Primary Bathroom
Primary Bedroom	14.28	13.46

Listing Office: ALIGN RIGHT REALTY HORIZONS

Last Updated: October - 26 - 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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