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.

3822 UNION PACIFIC Drive W, Jacksonville, FL 32246 (MLS# 2116287)

3822 UNION PACIFIC Drive W, Jacksonville, FL 32246

$340,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,524 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $340,000 List Date: 2/08/2026 Last Modified: 11/04/2026

Overview

Description

Welcome to this inviting 3-bedroom, 2- bath home offering 1524 Sq. Feet of comfortable living space in the desirable Fox Chase community. Great central location...location...close to UNF and Town Center shopping plus the desire to be 15 minutes to the ocean. The open and airy floor plan features a spacious family room with a cozy fireplace, a beautiful updated kitchen with Granite countertops. Enjoy the bright dining area perfect for gatherings. The primary suite includes a nice walk-in closet and a private bath, creating a peaceful retreat. New AC unit gives you peace of mind. Roof is 8 years old and is in great shape. Don't miss your chance to make this charming home yours!

Listing Details MLS# 2116287

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1524
Living Area Source: Assessor
Year Built: 1993
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Association YN: Yes
Association Fee: 118
Association Fee Frequency: Annually
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
Senior Community YN: No
Directions: From the Town Center take St. Johns Bluff towards Beach Blvd. Turn left onto Alumni Way. Turn right on Union Pacific Dr. W. Home on the left
Public Remarks: Welcome to this inviting 3-bedroom, 2- bath home offering 1524 Sq. Feet of comfortable living space in the desirable Fox Chase community. Great central location...location...close to UNF and Town Center shopping plus the desire to be 15 minutes to the ocean. The open and airy floor plan features a spacious family room with a cozy fireplace, a beautiful updated kitchen with Granite countertops. Enjoy the bright dining area perfect for gatherings. The primary suite includes a nice walk-in closet and a private bath, creating a peaceful retreat. New AC unit gives you peace of mind. Roof is 8 years old and is in great shape. Don't miss your chance to make this charming home yours!
List Price/SqFt: 235.56
Sold Price/SqFt: 223.1

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar Flooring: Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Electric: 220 Volts Water Source: Public Sewer: Public Sewer Construction Materials: Brick Veneer; Vinyl Siding Parking Features: Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Wood Current Use: Residential Road Frontage Type: City Street 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: 2025-11-03

Location Tax and Legal

Street Number: 3822
Street Name: UNION PACIFIC
Street Suffix: Drive
Street Direction Suffix: W
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Fox Chase

Status Change Information

Major Change Timestamp: 2026-02-28T18:49:44Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-05T19:35:40Z
Purchase Contract Date: 2026-01-26
Close Date: 2026-02-23
Close Price: 340000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

sellers disclosure ›

Listing Office: BETROS REALTY INC

Last Updated: November - 04 - 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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