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.

5238 MONCRIEF Road W, Jacksonville, FL 32209 (MLS# 2161855)

5238 MONCRIEF Road W, Jacksonville, FL 32209

$179,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,200 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $179,900 List Date: 8/26/2026 Last Modified: 11/01/2026

Overview

Description

Welcome home to this beautifully remodeled 3-bedroom, 2-bathroom Jacksonville home! Thoughtfully updated with a fresh, modern feel, this move-in-ready property features a remodeled interior along with a **new roof, new A/C condenser, and new air handler**. The water heater was also replaced in 2019, adding even more peace of mind for the next homeowner. Enjoy comfortable living spaces, updated finishes, and a spacious lot with room to relax, entertain, or create your own outdoor retreat. Conveniently located in Jacksonville with easy access to shopping, dining, schools, and major roadways. With so many important updates already completed, this home is ready for its next chapter. Schedule your showing today!

Listing Details MLS# 2161855

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1200
Living Area Source: Public Records
Year Built: 1960
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.21
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Take I-95N to Golfair Blvd. Turn right on Moncrief. Destination will be on the left
Public Remarks: Welcome home to this beautifully remodeled 3-bedroom, 2-bathroom Jacksonville home! Thoughtfully updated with a fresh, modern feel, this move-in-ready property features a remodeled interior along with a **new roof, new A/C condenser, and new air handler**. The water heater was also replaced in 2019, adding even more peace of mind for the next homeowner. Enjoy comfortable living spaces, updated finishes, and a spacious lot with room to relax, entertain, or create your own outdoor retreat. Conveniently located in Jacksonville with easy access to shopping, dining, schools, and major roadways. With so many important updates already completed, this home is ready for its next chapter. Schedule your showing today!
List Price/SqFt: 149.92

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Cooktop; Microwave; Refrigerator Interior Features: Eat-in Kitchen; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Private Sewer Security Features: Smoke Detector(s) Roof: Shingle Parking Features: Additional Parking; Off Street Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-08-24

Location Tax and Legal

Street Number: 5238
Street Name: MONCRIEF
Street Suffix: Road
Street Direction Suffix: W
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Carver Manor

Status Change Information

Major Change Timestamp: 2026-11-01T13:25:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-01T13:25:27Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Flood Disclosure ›

SPD ›

LBPD ›

Licensee Disclosure ›

Listing Office: DREAM BIG REALTY OF JAX LLC

Last Updated: November - 01 - 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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