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.

3724 ALADDIN Terrace, Jacksonville, FL 32223 (MLS# 2173848)

3724 ALADDIN Terrace, Jacksonville, FL 32223

New Listing

$350,000

Virtual Tour

https://www.zillow.com/view-imx/e75788c1-96b2-4044-b73c-428736b930e2?initialViewType=pano

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,461 Lot Size (sq. ft.): 21,344 Status: Active

Current Price: $350,000 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

Nearly half an acre in Mandarin with no HOA! 3724 Aladdin Ter sits on a 0.49-acre lot shaded by large oak trees, on a dead-end street with no through traffic! Inside, the 2 bedroom, 2 bath home has 1,461 square feet and has been meticulously maintained! The kitchen is updated with white cabinets, granite counters and stainless appliances, and both bathrooms are updated too! There is no carpet anywhere: tile and wood flooring run throughout. A separate living room, a dining room and a family room with a fireplace give the floor plan more room than the square footage suggests! Out back, a large screened-in porch looks over the yard, with a large storage shed and a carport beside it. Hurricane shutters are included! No HOA means no dues and no association approvals! Come walk the property and see how much space $350,000 buys here!

Open Houses

Saturday, November 21, 12:00 am - 2:00 pm

Listing Details MLS# 2173848

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1461
Living Area Source: Assessor
Year Built: 1972
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.49
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
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
Senior Community YN: No
Directions: From San Jose Blvd (SR 13): Head south on San Jose Blvd, turn left onto Loretto Rd, turn right onto Aladdin Rd, then turn right onto Aladdin Ter. 3724 is on the dead-end street.
Public Remarks: Nearly half an acre in Mandarin with no HOA! 3724 Aladdin Ter sits on a 0.49-acre lot shaded by large oak trees, on a dead-end street with no through traffic! Inside, the 2 bedroom, 2 bath home has 1,461 square feet and has been meticulously maintained! The kitchen is updated with white cabinets, granite counters and stainless appliances, and both bathrooms are updated too! There is no carpet anywhere: tile and wood flooring run throughout. A separate living room, a dining room and a family room with a fireplace give the floor plan more room than the square footage suggests! Out back, a large screened-in porch looks over the yard, with a large storage shed and a carport beside it. Hurricane shutters are included! No HOA means no dues and no association approvals! Come walk the property and see how much space $350,000 buys here!
List Price/SqFt: 239.56

Property Features

Architectural Style: Ranch Levels: One Accessibility Features: Accessible Approach with Ramp; Customized Wheelchair Accessible Property Condition: Updated/Remodeled Rental Restrictions: No Rentals Allowed Appliances: Convection Oven; Dishwasher; Disposal; Electric Range; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Split Bedrooms Flooring: Tile; Wood Laundry Features: In Unit Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Patio And Porch Features: Porch; Side Porch Roof: Shingle Parking Features: Detached Carport Fencing: Back Yard Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-11-14

Location Tax and Legal

Street Number: 3724
Street Name: ALADDIN
Street Suffix: Terrace
County: Duval
State: FL
Postal Code: 32223
MLS Area Major: 014-Mandarin
Subdivision Name: Section Land

Status Change Information

Major Change Timestamp: 2026-11-14T21:12:16Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

Listing Office: EXP REALTY LLC

Last Updated: November - 14 - 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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