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.

4798 REED Avenue, Jacksonville, FL 32257 (MLS# 2119234)

4798 REED Avenue, Jacksonville, FL 32257

$633,000

2 Stocked ponds ready for all of your kayaking and fishing wants!

Front pond views as you drive into your new home.

Drive into your new one-of-a-kind estates in style with a tree lined drive up to the home.

Sipping morning coffee overlooking your stunning property will feel like its never felt before.

The property is beautiful all year round but with the changing trees, this home is bliss.

Enjoy your 2nd pond off of your own private dock.

Can't you imagine stopping from tinkering with your hobbies for a lunch on the dock?!

These don't do it justice, the skies are breathtaking. Photos are digitally modified.

Cozy nights at home enjoying the beutiful skies and all the property has to offer.

This home comes complete with a wood-burning fireplace.

Enough room for a work from home office.

Bright light and plenty of room for a home office or home library.

Large open primary suite with room for comfort and usable space.

Views of the primary on-suite bathroom and custom built walk-in closet.

Custom built shelves built to perfection!

Walk into your stunning on-suite, complete with a large walkin shower, clawfoot tub, and light up mirror with plenty of vanity storage.

Self controlled illuminating mirror with large double vanity space.

True modern updates that compliment the homes personality.

Walk through the living room into your hosting kitchen.

Updated paint and appliances throughout the kitchen and the home as a whole.

Open floorplan allows you to host all types of parties to your hearts desire.

Small breakfast bar for quick meals in the morning.

Large and open dining room space with views to the front of the property.

Open, airy and bright with floor length windows.

Large second bedroom with a walk-in closet.

Guest bathroom complete with a shower tub and updated vanity space.

Large mudroom/laundry space with a sink to wash off the days hobbies.

Large screened in back porch with room for exercise equipment to get a sweat in.

Large covered carport with a connecting amenity space for fun evening hangouts. Complete with patio furniture and a pool table!

Complete with its own panel, storage space and a built in slider with a front porch to enjoy your crafting breaks looking out on your ponds.

Large 2 car garage and workshop with its own panel.

Tinkering on your toys just got better with views like this!

Plenty of room for tools and toys! Bring them all!

So much room to continue to grow your property and build on to make it even more unique!

Both ponds stocked with brim, bass and catfish.

Perfect for taking in the sunset while taking in your very whimsical property.

So much room to build onto your home how you like!

Well kept chicken coop with chickens to boot!

Stable is a project away from holding your horses!!

Contact us for a private showing today!!!

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,934 Lot Size (sq. ft.): 206,039 Status: Closed

Current Price: $633,000 List Date: 11/24/2025 Last Modified: 10/27/2026

Overview

Description

Escape to your own 4.73-acre paradise in the heart of Mandarin! This one-of-a-kind compound is wrapped by two stocked ponds where you can fish for brim, bass, and catfish anytime you please. A dual-entry, tree-lined drive sets the tone as you arrive at a fully renovated home with updated bathrooms, fresh paint, and an airy open floorplan. Recently inspected with a clear 4-point and fully replumbed, every system is dialed in—this home truly doesn't miss. Enjoy a remodeled studio, 2-car workshop, chicken coop, and stable, plus Rural Residential zoning that gives you room to build, dream, or run your own home-based business. Mornings feel magical as you sip coffee by the water, and the sunset views will send you to sleep in pure bliss. The primary suite's custom closet and clawfoot tub are just the cherry on top. This Mandarin retreat is a rare lifestyle opportunity—come see it for yourself.

Listing Details MLS# 2119234

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1934
Living Area Source: Appraiser
Year Built: 1994
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 4.73
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Furnished
Stories: Yes
Senior Community YN: No
Directions: Philips Highway South, turn right on Sunbeam Road, turn left on Hood Road, turn right on Reed Avenue, slight left turn on Reed Avenue.
Public Remarks: Escape to your own 4.73-acre paradise in the heart of Mandarin! This one-of-a-kind compound is wrapped by two stocked ponds where you can fish for brim, bass, and catfish anytime you please. A dual-entry, tree-lined drive sets the tone as you arrive at a fully renovated home with updated bathrooms, fresh paint, and an airy open floorplan. Recently inspected with a clear 4-point and fully replumbed, every system is dialed in—this home truly doesn't miss. Enjoy a remodeled studio, 2-car workshop, chicken coop, and stable, plus Rural Residential zoning that gives you room to build, dream, or run your own home-based business. Mornings feel magical as you sip coffee by the water, and the sunset views will send you to sleep in pure bliss. The primary suite's custom closet and clawfoot tub are just the cherry on top. This Mandarin retreat is a rare lifestyle opportunity—come see it for yourself.
List Price/SqFt: 336.09
Sold Price/SqFt: 327.3

Property Features

Architectural Style: Other Levels: One Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Laminate Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Available; Electricity Connected; Water Available; Water Connected Cooling: Central Air Heating: Central Electric: 100 Amp Service; 200+ Amp Service Water Source: Well Sewer: Septic Tank Construction Materials: Vinyl Siding Other Structures: Shed(s); Stable(s); Workshop; Other Exterior Features: Dock; Fire Pit Patio And Porch Features: Covered; Patio; Porch; Rear Porch; Screened; Side Porch Roof: Metal Parking Features: Additional Parking; Attached Carport; Carport; Circular Driveway; Covered; Garage; Guest; Off Street; RV Access/Parking Lot Features: Agricultural; Few Trees; Irregular Lot View: Pond; Trees/Woods; Water Water Body Access Type: Owned Waterfront Features: Pond Current Use: Residential Community Features: Fishing; Restaurant; Street Lights Road Surface Type: Dirt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection