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.

4275 MORENA Lane, Jacksonville, FL 32207 (MLS# 2170194)

4275 MORENA Lane, Jacksonville, FL 32207

$1,395,000

Virtual Tour

https://www.zillow.com/view-imx/899bf442-e2a0-4e3d-b2ca-1adcb39e016b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,360 Lot Size (sq. ft.): 11,761 Status: Active

Current Price: $1,395,000 List Date: 10/22/2026 Last Modified: 10/23/2026

Overview

Description

A celebration of authentic Mid-Century Modern architecture in coveted Point La Vista. Previously featured in Jacksonville Magazine, this extraordinary residence honors its architectural roots with soaring tongue-and-groove ceilings, a dramatic floor-to-ceiling fireplace, original parquet flooring, rich wood paneling and expansive, light-filled living spaces. Designed for effortless entertaining, the flowing interiors feature a sophisticated cocktail bar, custom maple cabinetry, built-in banquette and distinctive billiards room. A beautifully reimagined kitchen pairs sleek quartz countertops with premium Monogram appliances and induction cooking. Thoughtful renovations introduce contemporary luxury while preserving the home's unmistakable character. Custom closets, a dedicated fitness room and flexible living spaces enhance everyday comfort.

Supplements: Outside, a majestic oak, mature landscaping and private outdoor entertaining areas complete this architectural gem, moments from San Marco. Extensive improvements since 2023 include fresh interior paint, upgraded lighting, a redesigned kitchen with GE Monogram appliances, Kohler sink, designer range hood and Culligan reverse osmosis filtration. Ad ... (Read more)

Listing Details MLS# 2170194

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3771
Living Area Source: Public Records
Building Area Total: 4360
Year Built: 1967
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.27
Association YN: No
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
Stories: Yes
Senior Community YN: No
Direction Faces: Southwest
Directions: Going South of San Marco Square on Hendricks Ave, veer Right on Old San Jose Blvd., then turn Right into Point La Vista. Turn left at the point, then turn right at the 2nd street. Home is the 2nd house on the right.
Public Remarks: A celebration of authentic Mid-Century Modern architecture in coveted Point La Vista. Previously featured in Jacksonville Magazine, this extraordinary residence honors its architectural roots with soaring tongue-and-groove ceilings, a dramatic floor-to-ceiling fireplace, original parquet flooring, rich wood paneling and expansive, light-filled living spaces. Designed for effortless entertaining, the flowing interiors feature a sophisticated cocktail bar, custom maple cabinetry, built-in banquette and distinctive billiards room. A beautifully reimagined kitchen pairs sleek quartz countertops with premium Monogram appliances and induction cooking. Thoughtful renovations introduce contemporary luxury while preserving the home's unmistakable character. Custom closets, a dedicated fitness room and flexible living spaces enhance everyday comfort.
List Price/SqFt: 369.93

Property Features

Architectural Style: Mid-Century Modern Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Oven; Induction Cooktop; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Utilities: Cable Available Cooling: Central Air; Electric Heating: Central Water Source: Public Sewer: Septic Tank Smart Home Features: Programmable Thermostat Construction Materials: Brick; Frame; Wood Siding; Other Patio And Porch Features: Deck Roof: Shingle Parking Features: Garage; Off Street Fencing: Back Yard; Fenced; Wood Current Use: Residential Community Features: Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional