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.

3100 LUCENA Lane, Jacksonville, FL 32246 (MLS# 2170816)

3100 LUCENA Lane, Jacksonville, FL 32246

$615,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,275 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $615,000 List Date: 10/24/2026 Last Modified: 11/03/2026

Overview

Description

Move-in ready one level Mediterranean Villa in the gated and desirable community of Terra Costa features 3 bedrooms, 2 full bathrooms, and office/ flex space. Assumable VA loan available. This low-maintenance, luxury townhome is an open floor plan designed for effortless living with wood-look tile throughout the main living areas and 2025 carpet in the bedrooms. The gourmet kitchen has granite countertops, KitchenAid stainless steel appliances, a gas cooktop with designer hood, combination wall oven & microwave, 42'' upper cabinets, wet bar and walk-in pantry. A custom tile backsplash adds a designer touch and the large island opens to the dining and family room, making it perfect for entertaining. The spacious living area highlighted by 10'-12' high ceilings and tray ceiling detail. Sliding glass doors lead to a screened lanai and extended pavers with a private preserve view. Remote control shade over sliding glass doors and 2" blinds on all windows. Newer 2025 tankless water heater.

Listing Details MLS# 2170816

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2275
Living Area Source: Public Records
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.12
Association YN: Yes
Association Fee: 418.34
Association Fee Frequency: Monthly
Association Name: Terra Costa Villa HOA
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
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: Take 202 to Kernan Blvd. Go North on Kernan Blvd. Go East on Beach Blvd. Then turn Left into Terra Costa. Pass through gate onto Lucena Lane and home is on the left.
Public Remarks: Move-in ready one level Mediterranean Villa in the gated and desirable community of Terra Costa features 3 bedrooms, 2 full bathrooms, and office/ flex space. Assumable VA loan available. This low-maintenance, luxury townhome is an open floor plan designed for effortless living with wood-look tile throughout the main living areas and 2025 carpet in the bedrooms. The gourmet kitchen has granite countertops, KitchenAid stainless steel appliances, a gas cooktop with designer hood, combination wall oven & microwave, 42'' upper cabinets, wet bar and walk-in pantry. A custom tile backsplash adds a designer touch and the large island opens to the dining and family room, making it perfect for entertaining. The spacious living area highlighted by 10'-12' high ceilings and tray ceiling detail. Sliding glass doors lead to a screened lanai and extended pavers with a private preserve view. Remote control shade over sliding glass doors and 2" blinds on all windows. Newer 2025 tankless water heater.
List Price/SqFt: 270.33

Property Features

Architectural Style: Half Duplex; Villa Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Oven; Microwave; Refrigerator; Tankless Water Heater; Wine Cooler Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Lower Level; Sink; Washer Hookup Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Firewall(s) Construction Materials: Frame; Stone Veneer; Stucco Patio And Porch Features: Covered; Front Porch; Patio; Porch; Rear Porch; Screened Roof: Tile Parking Features: Attached; Garage; Garage Door Opener Lot Features: Wooded View: Protected Preserve; Trees/Woods Current Use: Multi-Family; Residential Association Amenities: Children's Pool; Community Pool; Gated; Jogging Path; Maintenance Grounds; Maintenance Structure; Playground; Trash Association Fee Includes: Maintenance Grounds; Maintenance Structure; Trash Community Features: Curbs; Gated; Sidewalks; Street Lights; Suburban Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan