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.

5031 Caspian Street, St. Cloud, FL 34771 (MLS# 1092289)

5031 Caspian Street, St. Cloud, FL 34771

New Listing

$309,900

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,178 Lot Size (sq. ft.): 2,199 Status: Active

Current Price: $309,900 List Date: 11/15/2026 Last Modified: 11/14/2026

Overview

Description

Step into a townhouse that gets everyday living right. The open kitchen is the heart of the home, with brand-new stainless steel appliances, dark cabinetry, granite counters, pendant lighting, and a breakfast island made for slow mornings and easy entertaining. Inside you'll also find indoor laundry, dual sinks in the primary suite, a sunny private courtyard, a dedicated office nook, and a two-car garage. The kind of practical extras that make daily life simpler. Outside, the community delivers: a large zero-entry pool, shaded playground, basketball courts, clubhouse, and workout room. And the location does the rest. Right by Narcoossee Middle School and Narcoossee Elementary School and minutes from Medical City, the shopping villages and restaurants of Lake Nona, with easy access to the airport and theme parks. Low-maintenance living, with all the perks. Schedule your showing today.

Listing Details MLS# 1092289

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1464
Living Area Source: Other
Building Area Total: 2178
Year Built: 2019
Lot Size Acres: 0.0505
Association YN: Yes
Association Fee: 289
Association Fee Frequency: Monthly
Association Name: LAKESHORE AT NARCOOSSEE
Association Phone: (407) 781-0772
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Direction Faces: West
List Price/SqFt: 211.68
Lot Size Square Feet: 2199
Property Use: 0111 / TOWNHOUSE LOT
Land Lease YN: No
Community Fee(s) YN: No

Property Features

Architectural Style: Patio Home; Villa Levels: Two Rental Restrictions: 1 Year Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Interior Features: Ceiling Fan(s); Kitchen Island; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 150 Amp Service Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Frame; Stucco; Wood Siding Patio And Porch Features: Front Porch; Patio Roof: Shingle Parking Features: Additional Parking; Detached; Garage Lot Features: Other View: Other Current Use: Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Playground Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pest Control; Security; Trash Community Features: Curbs; Gated; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-11-15
Comp Sale YN: No

Location Tax and Legal

Street Number: 5031
Street Name: Caspian
Street Suffix: Street
County: Osceola
State: FL
Postal Code: 34771
MLS Area Major: 903 - Osceola
Subdivision Name: None

Status Change Information

Major Change Timestamp: 2026-11-14T20:41:44Z
Major Change Type: New Listing

Room Types

Bathroom 2 Level: Upper
Primary Bathroom Level: Upper

More Information

Location, Tax, and Legal

Tax Account: 6332313
General County Location: Out of Brevard
Flood Zone: X

Closing Company Details

Closing Company Name: Red Door Title Group
Closing Company Address: 7341 Office Park Pl. Suite 105 Melbourne FL 32940

Legal Details

Permission Granted to Advertise: Yes

Pets Allowed

Breed Restrictions: Yes

Special Listing Conditions

Standard: Yes

Showing Requirements

Combination Lock Box: Yes
Showing Service: Yes

Room Information

Room Name	Level	Length	Width
Primary Bathroom	Upper	135.00	135.00
Bathroom 2	Upper	1110.00	111.00

Documents

HOA Rules and Declaration ›

Seller Property Disclosure ›

HOA Disclosure ›

Listing Office: Barrier Island Properties

Last Updated: November - 14 - 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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