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.

302 Gatewood Court, Ormond Beach, FL 32174 (MLS# 1225401)

302 Gatewood Court, Ormond Beach, FL 32174

$257,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,958 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $257,500 List Date: 10/28/2026 Last Modified: 11/14/2026

Overview

Description

Back on the market, buyer couldn't obtain financing. Tucked in a quiet cul-de-sac in desirable Tymber Creek, this move-in ready 2BR/2BA home offers comfort, privacy, and low maintenance living. Bright open layout with abundant natural light, open kitchen to dining area, and cozy living room with wood-burning fireplace. No carpet throughout, with wood and tile flooring for a clean, low-maintenance feel. Generous closet space and spacious 2-car garage. Large primary bedroom features private bath, his & hers closets and sliding door to screened porch, providing a nice retreat. Enjoy screened porch and adjoining decks overlooking peaceful surroundings. Cul-de-sac includes a charming small park at its center. Updates include new roof (2022), new water heater (2026), NEW AC handler (2025), cleaned AC ducts (2026), upgraded fireplace interior and cover, 3 replaced windows, & gutters with screen covers. Tymber Creek offers gated security, 2 pools, tennis & pickleball courts, playground,

Supplements: clubhouse and scenic lake for kayaking or canoeing.

Listing Details MLS# 1225401

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1230
Year Built: 1981
Homestead YN: No
Lot Size Acres: 0.11
Association YN: Yes
Association Fee: 325
Association Fee Frequency: Quarterly
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories: Yes
Senior Community YN: No
Direction Faces: South
Directions: From w Granada Blvd, turn right on Tymber creek Rd, right on Tymber run, left on Tymber run, Right on Gatewood ct.
Public Remarks: Back on the market, buyer couldn't obtain financing. Tucked in a quiet cul-de-sac in desirable Tymber Creek, this move-in ready 2BR/2BA home offers comfort, privacy, and low maintenance living. Bright open layout with abundant natural light, open kitchen to dining area, and cozy living room with wood-burning fireplace. No carpet throughout, with wood and tile flooring for a clean, low-maintenance feel. Generous closet space and spacious 2-car garage. Large primary bedroom features private bath, his & hers closets and sliding door to screened porch, providing a nice retreat. Enjoy screened porch and adjoining decks overlooking peaceful surroundings. Cul-de-sac includes a charming small park at its center. Updates include new roof (2022), new water heater (2026), NEW AC handler (2025), cleaned AC ducts (2026), upgraded fireplace interior and cover, 3 replaced windows, & gutters with screen covers. Tymber Creek offers gated security, 2 pools, tennis & pickleball courts, playground,
List Price/SqFt: 209.35

Property Features

Levels: One Rental Restrictions: 6 Months Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Vaulted Ceiling(s) Flooring: Tile; Wood Laundry Features: In Garage Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Frame Patio And Porch Features: Covered; Deck; Front Porch; Patio; Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Covered; Garage; Garage Door Opener Lot Features: Cul-De-Sac Fencing: Back Yard; Fenced; Full; Privacy; Wood Current Use: Residential Association Amenities: Clubhouse; Community Pool; Gated; Maintenance Grounds; Management - Part Time; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security Community Features: Gated; Street Lights Road Surface Type: Asphalt; Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bedroom 1; Bedroom 2; Dining Room; Kitchen; Living Room; Other Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-04-17

Location Tax and Legal

Street Number: 302
Street Name: Gatewood
Street Suffix: Court
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 48 - Ormond Beach W of 95, N of 40
Subdivision Name: Tymber Creek

Status Change Information

Major Change Timestamp: 2026-11-14T23:55:10Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-14T23:55:10Z

Room Types

Bedroom 1 Level: Main
Bedroom 2 Level: Main
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom Level: Main
Other Room Level: Main

More Information

Currently Not Used

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Year Built: 1981

Foundation Details

Slab: Yes

Lock Box Type

Supra: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes
Yes: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Primary Bedroom	Main	13.60	15.00
Kitchen	Main	19.90	12.00
Living Room	Main	14.50	12.00
Dining Room	Main	9.80	12.30
Bedroom 2	Main	11.50	11.10
Other	Main	9.80	7.80	Porch

Listing Office: RE/MAX Signature

Last Updated: November - 14 - 2026

Information deemed reliable but not guaranteed.