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.

4926 BALLASTONE Drive, Jacksonville, FL 32257 (MLS# 837786)

4926 BALLASTONE Drive, Jacksonville, FL 32257

$288,500

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,606 Status: Closed

Current Price: $288,500 List Date: 7/14/2016 Last Modified: 11/04/2026

Overview

Description

The Amelia floor plan in Ballastone features stucco and ledgestone front, pendant lighting, gourmet kitchen tile and hardwood floors, crown moulding, bay window at master bedroom , and stainless steel appliances.D.R. Horton’s Ballastone Estates new home community offers the latest in home plans and options, plus smart energy saving features, all at a great value. Residents will enjoy this convenient new home community location with NO CDD Fees!

Listing Details MLS# 837786

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2606
Living Area Source: Plans
Year Built: 2016
Association YN: Yes
Association Fee: 700
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From 95 take US1 North to Shad Road. Left on Shad, Right on Hood Rd. Take first left on Old Hood Way. Community will be the immediate right.
Public Remarks: The Amelia floor plan in Ballastone features stucco and ledgestone front, pendant lighting, gourmet kitchen tile and hardwood floors, crown moulding, bay window at master bedroom , and stainless steel appliances.D.R. Horton’s Ballastone Estates new home community offers the latest in home plans and options, plus smart energy saving features, all at a great value. Residents will enjoy this convenient new home community location with NO CDD Fees!
List Price/SqFt: 111.28
Sold Price/SqFt: 110.71

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Electric Range; Microwave Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage Current Use: Residential Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-07-14

Location Tax and Legal

Street Number: 4926
Street Name: BALLASTONE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Ballastone Estates

Status Change Information

Major Change Timestamp: 2023-11-13T22:37:25Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-07-20T18:34:13Z
Purchase Contract Date: 2016-07-26
Close Date: 2016-10-18
Close Price: 288500

More Information

Listing Office: D R HORTON REALTY INC

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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