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.

4989 MONROE SMITH Road, Jacksonville, FL 32210 (MLS# 2168811)

4989 MONROE SMITH Road, Jacksonville, FL 32210

$278,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,211 Lot Size (sq. ft.): 47,045 Status: Active

Current Price: $278,000 List Date: 10/12/2026 Last Modified: 10/31/2026

Overview

Description

**Rare Find! Home on Over an Acre Near Jacksonville!** Enjoy peaceful country living with convenient access to Jacksonville's growing developments, major highways, and city amenities! This 3-bedroom, 2-bath mobile home sits on over one acre of fully fenced land, surrounded by mature oak, maple, and other trees. With plenty of room for animals, gardening, and outdoor activities, this property offers privacy and endless possibilities. Recent updates include remodeled bathrooms, new countertops, a new gas stove and washer, fresh paint throughout the home and on the porches, replaced air ducts and insulation, and updated plumbing. The AC/heating system was replaced in 2022, and the septic system was emptied and inspected that same year. Additional features include Hardie board siding around the entire exterior and a private well. Enjoy the space and privacy of country-style living while staying close to Jacksonville's conveniences. Don't miss this unique opportunity!

Supplements: With an offer at the asking price, the seller will include a lawn mower valued at approximately $3,700 as a bonus to the buyer. All furniture currently in the home may remain at the buyer's request. The property also has up-to-date termite treatment. It is easy to show!

Listing Details MLS# 2168811

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1211
Living Area Source: Appraiser
Year Built: 1986
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 1.08
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From 295 and 103rd St. head west on 103rd to Monroe Smith on Right, property is on the right. Use GPS or Google Maps for the best directions from your location.
Public Remarks: **Rare Find! Home on Over an Acre Near Jacksonville!** Enjoy peaceful country living with convenient access to Jacksonville's growing developments, major highways, and city amenities! This 3-bedroom, 2-bath mobile home sits on over one acre of fully fenced land, surrounded by mature oak, maple, and other trees. With plenty of room for animals, gardening, and outdoor activities, this property offers privacy and endless possibilities. Recent updates include remodeled bathrooms, new countertops, a new gas stove and washer, fresh paint throughout the home and on the porches, replaced air ducts and insulation, and updated plumbing. The AC/heating system was replaced in 2022, and the septic system was emptied and inspected that same year. Additional features include Hardie board siding around the entire exterior and a private well. Enjoy the space and privacy of country-style living while staying close to Jacksonville's conveniences. Don't miss this unique opportunity!
List Price/SqFt: 229.56

Property Features

Levels: One Body Type: Double Wide Property Condition: Updated/Remodeled Appliances: Dryer; Gas Range; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Primary Bathroom - Shower No Tub Flooring: Carpet; Plank in Flooring Laundry Features: Gas Dryer Hookup; In Carport Utilities: Propane Cooling: Central Air; Electric Heating: Central; Electric Water Source: Well Sewer: Septic Tank Security Features: Closed Circuit Camera(s) Patio And Porch Features: Covered; Deck; Front Porch; Porch Roof: Metal Parking Features: Carport; Detached Carport Fencing: Back Yard; Chain Link; Fenced Current Use: Manufactured Home Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Manufactured Home
Property Attached YN: No
Listing Contract Date: 2026-10-10

Location Tax and Legal

Street Number: 4989
Street Name: MONROE SMITH
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 061-Herlong/Normandy Area
Subdivision Name: Jax Heights

Status Change Information

Major Change Timestamp: 2026-10-22T21:46:25Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-22T21:46:25Z

Green Energy

Ownership: Seller Owned

More Information

DPR Eligible

DPR Eligible: Yes

Documents

Flood Form ›

Disclosure ›

Offer Instruction ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: October - 31 - 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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