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.

3017 LORMAN Drive, Jacksonville, FL 32223 (MLS# 2100800)

3017 LORMAN Drive, Jacksonville, FL 32223

$237,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,287 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $237,000 List Date: 8/04/2025 Last Modified: 10/23/2026

Overview

Description

Welcome to this cozy 3-bedroom, 1.5-bath home with a sparkling pool and bonus room, nestled on a spacious lot in one of Jacksonville's most desirable areas—Mandarin! This home offers classic charm and character with plenty of potential to make it your own. Enjoy Florida living with a large patio perfect for entertaining, and each bedroom features its own sliding glass door with direct access to the pool—ideal for relaxing weekends or hosting guests. The fenced yard is perfect for pets, and there's even a laundry and workshop area for added convenience. Located just minutes from I-295 and I-95, and close to top-rated restaurants, shopping, and medical facilities, this home makes for a fantastic primary residence, second home, or investment opportunity. Don't miss out on this Mandarin gem—schedule your private tour today!

Listing Details MLS# 2100800

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1287
Living Area Source: Other
Year Built: 1961
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.21
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: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: San Jose Blvd to Loretto- east on Loretto to Gwynford Lane-north on Gwynford to Lorman Dr- west on Lorman to 3017 on right
Public Remarks: Welcome to this cozy 3-bedroom, 1.5-bath home with a sparkling pool and bonus room, nestled on a spacious lot in one of Jacksonville's most desirable areas—Mandarin! This home offers classic charm and character with plenty of potential to make it your own. Enjoy Florida living with a large patio perfect for entertaining, and each bedroom features its own sliding glass door with direct access to the pool—ideal for relaxing weekends or hosting guests. The fenced yard is perfect for pets, and there's even a laundry and workshop area for added convenience. Located just minutes from I-295 and I-95, and close to top-rated restaurants, shopping, and medical facilities, this home makes for a fantastic primary residence, second home, or investment opportunity. Don't miss out on this Mandarin gem—schedule your private tour today!
List Price/SqFt: 202.02
Sold Price/SqFt: 184.15

Property Features

Appliances: Dryer; Gas Range; Refrigerator; Washer Flooring: Laminate; Tile Utilities: Electricity Available; Sewer Available; Sewer Connected; Water Available; Propane Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Patio And Porch Features: Side Porch Pool Features: In Ground Parking Features: Garage; Garage Door Opener Fencing: Chain Link Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-07-25

Location Tax and Legal

Street Number: 3017
Street Name: LORMAN
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32223
MLS Area Major: 014-Mandarin
Subdivision Name: Mandarin Terrace

Status Change Information

Major Change Timestamp: 2025-10-10T19:10:44Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-02T19:07:26Z
Purchase Contract Date: 2025-09-07
Close Date: 2025-10-07
Close Price: 237000

DPR Eligible

DPR Eligible: No

More Information

Documents

Flood Disclosure ›

4pt Inspection ›

Lead Based Paint Disclosure ›

Listing Office: CENTURY 21 LIGHTHOUSE REALTY

Last Updated: October - 23 - 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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