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.

467 SELVA LAKES Circle, Atlantic Beach, FL 32233 (MLS# 1152241)

467 SELVA LAKES Circle, Atlantic Beach, FL 32233

$685,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,731 Status: Closed

Current Price: $685,000 List Date: 2/11/2022 Last Modified: 2/27/2026

Overview

Description

Gorgeously renovated home in the highly sought-after community of Selva Lakes in Atlantic Beach. No detail was overlooked with this 3 bedroom, 3 bathroom unit with soaring vaulted ceilings in the main living area. The ensuite primary bedroom is on the second level along with a secondary bedroom and bathroom. The third bedroom is on the first level along with another full bathroom. The open floorplan is excellent for entertaining and easily flows to the back deck to enjoy the outdoors. Don't miss your chance to see this move in ready home today!!

Listing Details MLS# 1152241

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1731
Living Area Source: Public Records
Year Built: 1986
Association YN: Yes
Association Fee: 135
Association Fee Frequency: Quarterly
Association Name: SELVA LAKES
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Atlantic Blvd, North on Seminole Rd, Left on Plaza, Right on Park Side Drive to left on Selva Lakes Circle. Home is on the right.
Public Remarks: Gorgeously renovated home in the highly sought-after community of Selva Lakes in Atlantic Beach. No detail was overlooked with this 3 bedroom, 3 bathroom unit with soaring vaulted ceilings in the main living area. The ensuite primary bedroom is on the second level along with a secondary bedroom and bathroom. The third bedroom is on the first level along with another full bathroom. The open floorplan is excellent for entertaining and easily flows to the back deck to enjoy the outdoors. Don't miss your chance to see this move in ready home today!!
List Price/SqFt: 361.06
Sold Price/SqFt: 395.73

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Vinyl Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Patio And Porch Features: Deck Roof: Shingle Parking Features: Additional Parking; Attached; Garage Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Community Pool Road Surface Type: Asphalt Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2022-02-02

Location Tax and Legal

Street Number: 467
Street Name: SELVA LAKES
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32233
MLS Area Major: 231-Atlantic Beach-North
Subdivision Name: Selva Lakes

Status Change Information

Major Change Timestamp: 2022-03-12T12:29:18Z
Major Change Type: Status Change
Purchase Contract Date: 2022-02-21
Close Date: 2022-03-11
Close Price: 685000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y

Room Information

Room Name
Utility Room

Documents

Survey on File ›

Sellers Disclosure ›

HOA ›

MULTIPLE OFFER NOTICE ›

Listing Office: COMPASS FLORIDA LLC

Last Updated: February - 27 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare