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.

4333 PACKARD Drive, Jacksonville, FL 32246 (MLS# 1050440)

4333 PACKARD Drive, Jacksonville, FL 32246

$187,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,131 Status: Closed

Current Price: $187,000 List Date: 4/26/2020 Last Modified: 11/04/2026

Overview

Description

**Price adjustment & a motivated seller!**Are you looking for a home to park your Boat &/or RV & stay in Jax city limits? This home is 9 short miles from the Intracoastal WW & has 3/4 of an acre with no fees for boat or RV storage! Beautiful brick all around this home. Remodeled in 2015-Kitchen, baths, upgraded electric 2008, thermal windows & re-replumbed & HWH- 2015, Roof replaced 2007. HVAC 2008. Large wood deck for entertaining & plenty of room for a pool, your fire pit or to add on & make it your dream home!

Listing Details MLS# 1050440

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1131
Living Area Source: Measured
Year Built: 1975
Lot Size Dimensions: 100 x 313sf, .75 acre
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Directions: From Southside Blvd-go East on Beach Blvd to R on Forest Blvd, stay right at the fork on to Packard Dr. Home is on the left near the end.
Public Remarks: **Price adjustment & a motivated seller!**Are you looking for a home to park your Boat &/or RV & stay in Jax city limits? This home is 9 short miles from the Intracoastal WW & has 3/4 of an acre with no fees for boat or RV storage! Beautiful brick all around this home. Remodeled in 2015-Kitchen, baths, upgraded electric 2008, thermal windows & re-replumbed & HWH- 2015, Roof replaced 2007. HVAC 2008. Large wood deck for entertaining & plenty of room for a pool, your fire pit or to add on & make it your dream home!
List Price/SqFt: 167.9
Sold Price/SqFt: 165.34

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Flat; Ranch Appliances: Dishwasher; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Primary Downstairs Flooring: Carpet; Laminate; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Green Energy Efficient: Windows Construction Materials: Block; Brick; Concrete Pool Features: None Roof: Shingle Parking Features: Assigned; RV Access/Parking Lot Features: Wooded Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-04-26

Location Tax and Legal

Street Number: 4333
Street Name: PACKARD
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32246
MLS Area Major: 023-Southside-East Of Southside Blvd
Subdivision Name: Roland Heights

Status Change Information

Major Change Timestamp: 2023-11-14T10:22:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-06-10T12:41:31Z
Purchase Contract Date: 2020-06-15
Close Date: 2020-07-27
Close Price: 187000

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y
Public Historical Remarks 2: Flood Insurance Required: Y

More Information

Room Information

Room Name
Living Room
Utility Room

Documents

4 Point Inspection 1-2020 ›

HOA form ›

LBP form ›

Sellers Disclosure ›

Listing Office: KELLER WILLIAMS JACKSONVILLE

Last Updated: November - 04 - 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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