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.

313 SILVERSMITH Lane, Jacksonville, FL 32216 (MLS# 2052279)

313 SILVERSMITH Lane, Jacksonville, FL 32216

$260,000

Virtual Staging AI - 313-Silversmith-(27

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,416 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $260,000 List Date: 10/17/2024 Last Modified: 10/27/2026

Overview

Description

Welcome to this charming home that beautifully combines character with modern conveniences! Set on a generously sized lot, it features an inviting porch that beckons you inside. The open floor plan seamlessly connects the living and dining areas, enhanced by an abundance of windows that fill the space with natural light. Outside, you'll discover a private and serene backyard with no neighbors behind, creating a peaceful oasis for relaxation or entertaining. The front and back irrigation system ensures your landscaping remains lush year-round. The carport not only provides ample space for parking but also features a laundry room/storage area, making it easy to keep your belongings organized. It can easily serve as a functional patio for gatherings, enhancing your outdoor experience. The spacious bedrooms provide comfort and privacy, complemented by a convenient linen closet for ample storage. Step into the charming 1950s bathrooms, which add a touch of character to the home.

Supplements: Recent updates include a new HVAC system and roof installed in 2022, along with a newer water heater and stylish new LVP flooring. This home is a blank canvas, ideal for those eager to infuse their personal style. Don't miss the opportunity to make this house your own!

Listing Details MLS# 2052279

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1416
Living Area Source: Appraiser
Year Built: 1956
Lot Size Acres: 0.18
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From University Blvd and Atlantic Blvd go East on Atlantic Blvd, right on Glynlea Rd, left on Crane Ave to Silversmith Lane on the left.
Public Remarks: Welcome to this charming home that beautifully combines character with modern conveniences! Set on a generously sized lot, it features an inviting porch that beckons you inside. The open floor plan seamlessly connects the living and dining areas, enhanced by an abundance of windows that fill the space with natural light. Outside, you'll discover a private and serene backyard with no neighbors behind, creating a peaceful oasis for relaxation or entertaining. The front and back irrigation system ensures your landscaping remains lush year-round. The carport not only provides ample space for parking but also features a laundry room/storage area, making it easy to keep your belongings organized. It can easily serve as a functional patio for gatherings, enhancing your outdoor experience. The spacious bedrooms provide comfort and privacy, complemented by a convenient linen closet for ample storage. Step into the charming 1950s bathrooms, which add a touch of character to the home.
List Price/SqFt: 183.62
Sold Price/SqFt: 183.62

Property Features

Architectural Style: Ranch; Traditional Appliances: Dryer; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Open Floorplan Flooring: Tile; Vinyl; Other Laundry Features: In Carport Utilities: Electricity Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Construction Materials: Block; Concrete Other Structures: Shed(s) Patio And Porch Features: Front Porch Pool Features: None Parking Features: Carport; Other Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-10-17

Location Tax and Legal

Street Number: 313
Street Name: SILVERSMITH
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Silversmith

Status Change Information

Major Change Timestamp: 2024-12-16T21:59:18Z
Major Change Type: Status Change
Price Change Timestamp: 2024-11-06T20:36:22Z
Purchase Contract Date: 2024-11-23
Close Date: 2024-12-16
Close Price: 260000

DPR Eligible

DPR Eligible: No

More Information

Documents

Sellers Property Disclosure ›

LBP ›

Flood Disclosure ›

Floor Plan ›

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

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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