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.

340 Tipton Road SW, Palm Bay, FL 32908 (MLS# 1092294)

340 Tipton Road SW, Palm Bay, FL 32908

New Listing

$312,900

Model home - actual lot & features may vary.

Floor Plan - Model home - actual features may vary.

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,880 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $312,900 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

Pre-Construction. To Be Built. The Violet in Palm Bay combines thoughtful design, modern finishes, and practical features throughout a well-planned split-bedroom layout. A welcoming foyer leads to two secondary bedrooms positioned near the front of the home, with a full guest bathroom featuring a tub and shower combination and a conveniently located linen closet. The open-concept kitchen serves as the heart of the home, showcasing quartz countertops, Shaker cabinetry, a spacious island, a pantry, and stainless steel kitchen appliances. A stainless steel single-basin kitchen sink adds a sleek finishing touch, while the kitchen flows seamlessly into the dining nook and Great Room. Sliding doors extend the living space outdoors to a 10x20 patio, creating a welcoming spot for morning coffee, outdoor dining, or evening relaxation. Privately positioned at the rear of the layout, the primary bedroom features a walk-in closet and an ensuite bathroom with dual vanities and a walk-in shower.

Supplements: A centrally located laundry room with its own linen closet adds valuable functionality. Ceramic tile flooring extends throughout the main living areas, complemented by carpet in all bedrooms. Additional features include horizontal blinds, a Smart Home Package with a smart thermostat, keyless entry, and Deako switches, along with upgraded shingles, ... (Read more)

Listing Details MLS# 1092294

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1443
Living Area Source: Builder
Building Area Total: 1880
Year Built: 2027
Lot Size Acres: 0.23
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2027-07-05
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
Senior Community YN: No
Direction Faces: North
List Price/SqFt: 216.84
Lot Size Square Feet: 10018.8
Community Fee(s) YN: No

Property Features

Architectural Style: Ranch Levels: One Property Condition: To Be Built Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave Interior Features: Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Well Sewer: Aerobic Septic Smart Home Features: Programmable Thermostat; Smoke Detector Security Features: Smoke Detector(s) Construction Materials: Block; Stucco Exterior Features: Storm Shutters Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Other Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Showing Requirements: Other

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-15
Comp Sale YN: No

Location Tax and Legal

Street Number: 340
Street Name: Tipton
Street Suffix: Road
Street Direction Suffix: SW
County: Brevard
State: FL
Postal Code: 32908
MLS Area Major: 345 - SW Palm Bay
Subdivision Name: Port Malabar Unit 19

Status Change Information

Major Change Timestamp: 2026-11-14T21:24:53Z
Major Change Type: New Listing

Smart Home Features

Other: Deako switches, Keyless Entry

More Information

Room Types

Bedroom 2 Level: First
Bedroom 3 Level: First
Dining Room Level: First
Great Room Level: First
Kitchen Level: First
Laundry Level: First
Primary Bedroom Level: First
Other Room Level: First

Location, Tax, and Legal

Tax Account: 2900162
General County Location: South

Legal Details

Permission Granted to Advertise: Yes

Special Listing Conditions

Standard: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Primary Bedroom	First	12.00	16.00	Walk-in closet, carpet flooring, ensuite with shower, dual sinks, ceramic tile flooring
Bedroom 2	First	12.00	10.00	Built-in closet, carpet flooring
Bedroom 3	First	11.00	10.00	Built-in closet, carpet flooring
Kitchen	First	15.00	9.00	Quartz countertops, island, pantry, ceramic tile flooring
Dining Room	First	11.00	8.00	Open concept, access to extended patio, ceramic tile flooring
Great Room	First	14.00	16.00	Open concept, ceramic tile flooring
Laundry	First	5.00	9.00	Centrally located, ceramic tile flooring
Other	First	20.00	10.00	Patio: Just off the Dining Nook, concrete flooring

Listing Office: New Home Star Florida LLC

Last Updated: November - 14 - 2026

Information deemed reliable but not guaranteed.