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 4302, Jacksonville, FL 32217 (MLS# 2154661)

3958 BAYMEADOWS Road 4302, Jacksonville, FL 32217

$580,000

Private elevator, opens to your unit only

Kitchen with Subzero refrigerator and Wolf Oven

Outdoor Kitchen off of the community pool

Boat Slip available for purchase-$30,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,988 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $580,000 List Date: 8/11/2026 Last Modified: 10/30/2026

Overview

Description

Welcome to The Palazzo on Goodby's Creek. This beautifully appointed three-bedroom, two-bath residence offers private elevator access and breathtaking water views from the moment you enter. The open-concept floor plan features a modern kitchen with stainless steel appliances, including a Sub-Zero refrigerator and Wolf oven, beautiful tile flooring, and a spacious owner's suite with a spa-inspired bath. Expansive wraparound balconies provide the perfect setting to enjoy peaceful sunrise views over Goodby's Creek. Residents enjoy exceptional resort-style amenities, including a waterfront pool, fitness center, outdoor kitchen, private dock, and boat slips are available for purchase. Located within a gated community, The Palazzo offers convenient access to I-95, I-295, shopping, and dining, providing the perfect balance of tranquil waterfront living and everyday accessibility. Additional amenities include a tankless water heater, water softener, and gas fireplace

Supplements: and the HOA fee includes water, sewer, gas and high speed internet.

Listing Details MLS# 2154661

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1988
Living Area Source: Appraiser
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 1571.86
Association Fee Frequency: Monthly
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: Yes
Waterfront YN: Yes
Stories: 3
Stories Total: 5
Entry Level: 3
Senior Community YN: No
Directions: From San Jose Blvd and Baymeadows Road, head East on Baymeadows to right into the Palazzo.
Public Remarks: Welcome to The Palazzo on Goodby's Creek. This beautifully appointed three-bedroom, two-bath residence offers private elevator access and breathtaking water views from the moment you enter. The open-concept floor plan features a modern kitchen with stainless steel appliances, including a Sub-Zero refrigerator and Wolf oven, beautiful tile flooring, and a spacious owner's suite with a spa-inspired bath. Expansive wraparound balconies provide the perfect setting to enjoy peaceful sunrise views over Goodby's Creek. Residents enjoy exceptional resort-style amenities, including a waterfront pool, fitness center, outdoor kitchen, private dock, and boat slips are available for purchase. Located within a gated community, The Palazzo offers convenient access to I-95, I-295, shopping, and dining, providing the perfect balance of tranquil waterfront living and everyday accessibility. Additional amenities include a tankless water heater, water softener, and gas fireplace
List Price/SqFt: 294.27
Sold Price/SqFt: 291.75

Property Features

Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Oven; Gas Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Fireplace Features: Gas Interior Features: Ceiling Fan(s); Elevator; Entrance Foyer; His and Hers Closets; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Exterior Features: Balcony; Boat Slip; Dock Patio And Porch Features: Covered Parking Features: Additional Parking; Assigned; Carport; Covered; Electric Vehicle Charging Station(s) View: Water Water Body Access Type: Public Accessible Waterfront Features: Creek Current Use: Residential; Single Family Association Amenities: Barbecue; Boat Slip; Clubhouse; Community Pool; Dog Park; Elevator(s); Fitness Center; Gated; Maintenance Grounds; Storage Association Fee Includes: Insurance; Internet; Maintenance Grounds; Water; Other Community Features: Gated; Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional