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.

400 E BAY Street 1702, Jacksonville, FL 32202 (MLS# 2171061)

400 E BAY Street 1702, Jacksonville, FL 32202

New Listing

$329,900

MLS insert - Interior Photos coming soon

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,175 Status: Active

Current Price: $329,900 List Date: 11/01/2026 Last Modified: 11/01/2026

Overview

Description

[CONDO DESCRIPTION COMING] Enjoy a resort lifestyle at The Plaza, located on the St Johns River in downtown Jacksonville. Walk to offices, museums, restaurants, Jaguar games, Jumbo Shrimp games, Icemen hockey and 5 concert venues. Squash court, tennis & pickle ball courts, 24/7 Concierge, sun soaked pool, outdoor kitchen & gas grills, Swedish sauna, steam room, newly renovated fitness ctr, business ctr, guest suite, wine lockers & 21st Floor Riverview Lounge for entertaining. Slips available at adjacent Plaza Marina. ** Furniture shown is no longer present.

Listing Details MLS# 2171061

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1175
Living Area Source: Plans
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 1031
Association Fee Frequency: Monthly
Association Name: The Plaza Condominiums at Berkman Plaza & Marina
Association Phone: 904-359-5950
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: 23
Senior Community YN: No
Direction Faces: West
Directions: Downtown Jax on the River. Entry at 150 S Liberty St (Entry sign just south of Bay St on east/left). Go 3/4 around entry circle to find 30-min parking spots. Sign in car with Concierge Desk.
Public Remarks: [CONDO DESCRIPTION COMING] Enjoy a resort lifestyle at The Plaza, located on the St Johns River in downtown Jacksonville. Walk to offices, museums, restaurants, Jaguar games, Jumbo Shrimp games, Icemen hockey and 5 concert venues. Squash court, tennis & pickle ball courts, 24/7 Concierge, sun soaked pool, outdoor kitchen & gas grills, Swedish sauna, steam room, newly renovated fitness ctr, business ctr, guest suite, wine lockers & 21st Floor Riverview Lounge for entertaining. Slips available at adjacent Plaza Marina. ** Furniture shown is no longer present.
List Price/SqFt: 280.77

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 6 Months; Other Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Built-in Features; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Wood Laundry Features: In Unit Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Closed Circuit Camera(s); Entry Phone/Intercom; Fire Alarm; Fire Sprinkler System; Key Card Entry; Secured Elevator; Secured Lobby; Smoke Detector(s) Exterior Features: Balcony Parking Features: Assigned; Attached; Covered; Garage; Garage Door Opener; Gated; Guest View: Bridge(s); Marina; River Water Body Access Type: Public Accessible Waterfront Features: Navigable Water; River Access; River Front Current Use: Commercial; Mixed Use; Multi-Family; Office; Recreational; Residential; Retail Association Amenities: Barbecue; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - On Site; Marina; Park; Pickleball; Racquetball; Sauna; Tennis Court(s); Trash; Water; Other Association Fee Includes: Insurance; Internet; Maintenance Grounds; Maintenance Structure; Pest Control; Trash; Water; Other Community Features: Gated; Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt; Concrete Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-10-27
Unit Type: End Unit

Location Tax and Legal

Street Number: 400
Street Direction Prefix: E
Street Name: BAY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32202
MLS Area Major: 073-Downtown Jacksonville-Northbank
Subdivision Name: The Plaza Condominium At Berkman

Status Change Information

Major Change Timestamp: 2026-11-01T08:15:43Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: No

More Information

Room Information

Room Name
Office
Media Room
Utility Room

Listing Office: EGI REAL ESTATE

Last Updated: November - 01 - 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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