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.

468 WET ROCK Lane, Jacksonville, FL 32225 (MLS# 2139122)

468 WET ROCK Lane, Jacksonville, FL 32225

$385,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,699 Lot Size (sq. ft.): 27,443 Status: Closed

Current Price: $385,000 List Date: 4/09/2026 Last Modified: 10/26/2026

Overview

Description

Welcome To 468 Wet Rock Lane! If your looking for a open split floor plan on a large lot in a beautiful neighborhood you have found your home. This home features a large entertainment space with dinning area and kitchen connecting. Four bedrooms and two bath with 3 bedrooms on one side of the home and the owner suite and bathroom on the other side of the home. Cook out and entertain on the screened in lani that is steps away from the pool. This home is situated at the end of a cul-de-sac so traffic is very minimal. Call today for your private tour.

Listing Details MLS# 2139122

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1699
Living Area Source: Public Records
Year Built: 1995
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.63
Lot Size Dimensions: 70X190
Association YN: Yes
Association Fee: 298
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: FROM ATLANTIC BLVD., GO NORTH ON KERNAN BLVD. RIGHT ONTO MATTHEW UNGER, THEN RT. ONTO CASHEROS COVE DR. LEFT AT AMANDA COVE TRAIL THEN LEFT ON WET ROCK LANE, HOUSE IN CUL-DE-SAC.
Public Remarks: Welcome To 468 Wet Rock Lane! If your looking for a open split floor plan on a large lot in a beautiful neighborhood you have found your home. This home features a large entertainment space with dinning area and kitchen connecting. Four bedrooms and two bath with 3 bedrooms on one side of the home and the owner suite and bathroom on the other side of the home. Cook out and entertain on the screened in lani that is steps away from the pool. This home is situated at the end of a cul-de-sac so traffic is very minimal. Call today for your private tour.
List Price/SqFt: 235.43
Sold Price/SqFt: 226.6

Property Features

Architectural Style: Patio Home; Stilt Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Washer Interior Features: Open Floorplan Utilities: Cable Available; Electricity Available; Electricity Connected; Water Available; Water Connected Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Vinyl Siding Patio And Porch Features: Covered; Patio; Screened Pool Features: Above Ground Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac View: Trees/Woods Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-04-01

Location Tax and Legal

Street Number: 468
Street Name: WET ROCK
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: The Landing At Cross Creek

Status Change Information

Major Change Timestamp: 2026-06-24T14:08:58Z
Major Change Type: Status Change
Purchase Contract Date: 2026-05-20
Close Date: 2026-06-18
Close Price: 385000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: OMNI REALTY GROUP OF NORTH FLORIDA INC

Last Updated: October - 26 - 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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