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.

5130 BLEDSOE Drive, Jacksonville, FL 32234 (MLS# 2170607)

5130 BLEDSOE Drive, Jacksonville, FL 32234

$352,990

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,566 Status: Active

Current Price: $352,990 List Date: 10/23/2026 Last Modified: 11/02/2026

Overview

Description

This home features 4 bedrooms,3 bath, loft and a 2 car garage. Inside discover an open floor plan with a spacious great room with 9 ft. ceiling The kitchen includes Woodmont® cabinets, island and Whirlpool® stainless steel appliances. The primary bath includes quartz countertops and a dual-sink vanity leading to your oversized walk-in closet. Enjoy the convenience of a downstairs guest bedroom and full bath for visiting guests. Other highlights include a dedicated laundry room, ENERGY STAR® certified lighting, Moen® faucets and Kohler® sinks. KB Home at Bellbrooke has no CDD Fees and a brand-new playground! Closing cost assistance available on this home.

Listing Details MLS# 2170607

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2566
Living Area Source: Plans
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 71
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2027-01-29
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I-95 South, merge onto I-295 North and exit Normandy Blvd. heading west (left). After 12 mi., community is on the left.
Public Remarks: This home features 4 bedrooms,3 bath, loft and a 2 car garage. Inside discover an open floor plan with a spacious great room with 9 ft. ceiling The kitchen includes Woodmont® cabinets, island and Whirlpool® stainless steel appliances. The primary bath includes quartz countertops and a dual-sink vanity leading to your oversized walk-in closet. Enjoy the convenience of a downstairs guest bedroom and full bath for visiting guests. Other highlights include a dedicated laundry room, ENERGY STAR® certified lighting, Moen® faucets and Kohler® sinks. KB Home at Bellbrooke has no CDD Fees and a brand-new playground! Closing cost assistance available on this home.
List Price/SqFt: 137.56

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; ENERGY STAR Qualified Washer Interior Features: Open Floorplan; Pantry Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Upper Level; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Fiber Cement Parking Features: Garage Lot Features: Agricultural; Sprinklers In Rear View: Trees/Woods Current Use: Single Family Association Amenities: Dog Park; Maintenance Grounds Community Features: Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-23

Location Tax and Legal

Street Number: 5130
Street Name: BLEDSOE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32234
MLS Area Major: 066-Cecil Commerce Area
Subdivision Name: Not Validd

Status Change Information

Major Change Timestamp: 2026-10-23T15:33:45Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: ROUND TABLE REALTY

Last Updated: November - 02 - 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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