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.

3841 CAMBAY Place, Jacksonville, FL 32210 (MLS# 2166379)

3841 CAMBAY Place, Jacksonville, FL 32210

$142,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,167 Lot Size (sq. ft.): 16,117 Status: Closed

Current Price: $142,000 List Date: 9/24/2026 Last Modified: 10/23/2026

Overview

Description

Cozy home with 3 nice size bedrooms and hall bath with tub/shower combo. Large foyer connected to the living room. Eat-in kitchen with access to the large backyard. Covered parking in the attached carport.

Listing Details MLS# 2166379

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1167
Living Area Source: Public Records
Year Built: 1955
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.37
Lot Size Dimensions: 74 x 217
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
Senior Community YN: No
Directions: from I295 exit east on Wilson blvd. turn right on Aldington dr, right on Colebrooke dr, left on Cambay Place. Home will be on your left.
Public Remarks: Cozy home with 3 nice size bedrooms and hall bath with tub/shower combo. Large foyer connected to the living room. Eat-in kitchen with access to the large backyard. Covered parking in the attached carport.
List Price/SqFt: 128.53
Sold Price/SqFt: 121.68

Property Features

Levels: One Appliances: Dishwasher; Dryer; Electric Oven; Refrigerator; Washer Interior Features: Eat-in Kitchen Flooring: Carpet; Tile Laundry Features: In Carport Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Parking Features: Carport; Off Street Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-23

Location Tax and Legal

Street Number: 3841
Street Name: CAMBAY
Street Suffix: Place
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 054-Cedar Hills
Subdivision Name: Cedar Hills

Status Change Information

Major Change Timestamp: 2026-10-23T17:38:45Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-07T23:17:23Z
Purchase Contract Date: 2026-10-16
Close Date: 2026-10-23
Close Price: 142000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MILLER & COMPANY REAL ESTATE

Last Updated: October - 23 - 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.