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.

3958 BAYMEADOWS Road 2503, Jacksonville, FL 32217 (MLS# 2141936)

3958 BAYMEADOWS Road 2503, Jacksonville, FL 32217

$610,000

Virtual Tour

https://app.eastcoastvtours.com/sites/rygqmboo/unbranded

10-web-or-mls-3958 Baymeadows Rd Unit 25

33-web-or-mls-The Palazzo on St Johns (1

34-web-or-mls-The Palazzo on St Johns (2

35-web-or-mls-The Palazzo on St Johns (3

43-web-or-mls-The Palazzo on St Johns (1

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,972 Lot Size (sq. ft.): 436 Status: Active

Current Price: $610,000 List Date: 5/08/2026 Last Modified: 11/03/2026

Overview

Description

Welcome to The Palazzo on Goodby's Creek, where refined waterfront living meets everyday comfort in this beautifully appointed 3-bedroom, 2-bath condo. Set within an exclusive, private community, this residence offers a peaceful retreat along the tranquil shoreline, combining scenic beauty with upscale design.Arrive via your private elevator and step into a space that immediately captures your attention with water views framed by your own balcony. Each morning begins with stunning sunrises reflecting off the creek, creating a serene backdrop for coffee or quiet relaxation.The open-concept layout is designed for both entertaining and daily living. A gourmet kitchen features SS appliances, upgraded backsplash and opens into the dining and family room. The owner's suite serves as a true retreat, complete with a spa-inspired bath that includes dual vanities, a soaking tub, and a separate walk-in shower. Two additional bedrooms provide flexibility for guests or a home office.

Supplements: Thoughtful upgrades elevate the home throughout, including rich wood flooring, motorized window shades, custom closet systems,whole-house water filtration, and a Tesla charging station. A dedicated storage closet adds even more practicality.Blending luxury, functionality, and breathtaking surroundings, this exceptional condo delivers a lifestyle th ... (Read more)

Listing Details MLS# 2141936

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1972
Living Area Source: Assessor
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 1559
Association Fee Frequency: Monthly
Association Name: The Palazzo on St. Johns Association
Association Phone: 904-377-9605
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Stories Total: 5
Senior Community YN: No
Directions: I-295 to San Jose Blvd. North, Right on Baymeadows Road, Right into The Palazzo On St. Johns Condominiums.
Public Remarks: Welcome to The Palazzo on Goodby's Creek, where refined waterfront living meets everyday comfort in this beautifully appointed 3-bedroom, 2-bath condo. Set within an exclusive, private community, this residence offers a peaceful retreat along the tranquil shoreline, combining scenic beauty with upscale design.Arrive via your private elevator and step into a space that immediately captures your attention with water views framed by your own balcony. Each morning begins with stunning sunrises reflecting off the creek, creating a serene backdrop for coffee or quiet relaxation.The open-concept layout is designed for both entertaining and daily living. A gourmet kitchen features SS appliances, upgraded backsplash and opens into the dining and family room. The owner's suite serves as a true retreat, complete with a spa-inspired bath that includes dual vanities, a soaking tub, and a separate walk-in shower. Two additional bedrooms provide flexibility for guests or a home office.
List Price/SqFt: 309.33

Property Features

Architectural Style: Traditional Levels: Three Or More Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Elevator; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Fire Sprinkler System; Key Card Entry; Secured Elevator; Security Gate; Smoke Detector(s) Construction Materials: Block; Concrete; Stucco Exterior Features: Balcony Patio And Porch Features: Covered; Patio Parking Features: Additional Parking; Assigned; Covered; Electric Vehicle Charging Station(s); Unassigned; Underground View: Canal; Creek/Stream; Protected Preserve; Water Waterfront Features: Canal Front; Creek; Navigable Water; Ocean Access Current Use: Residential Association Amenities: Barbecue; Boat Dock; Boat Launch; Boat Slip; Clubhouse; Community Pool; Elevator(s); Fitness Center; Gated; Maintenance Grounds; Management - Off Site; Security; Storage; Trash Association Fee Includes: Insurance; Internet; Maintenance Grounds; Security; Trash; Water Community Features: Gated; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan