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.

5260 COLLINS Road 704, Jacksonville, FL 32244 (MLS# 2160954)

5260 COLLINS Road 704, Jacksonville, FL 32244

$170,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,596 Lot Size (sq. ft.): 871 Status: Active Under Contract

Current Price: $170,000 List Date: 8/20/2026 Last Modified: 11/03/2026

Overview

Description

Welcome home to this well-maintained 3BR/2.5BA townhome in Chatham Woods offering 1,596 SF and an attached 1-car garage with overhead storage. The open main level connects the kitchen, dining & living areas and features SS appliances, breakfast bar, pantry and sliding doors leading to the semi-private patio. A 1/2 BA, laundry room and under-stair storage add convenience downstairs. Upstairs you'll find all 3 BRs plus a versatile loft. The primary suite features a walk-in closet, double vanity and tub/shower combo. Additional features include a newer water heater and generous storage. Conveniently located near NAS JAX with easy access to major highways, shopping, dining & entertainment. Come see what this Chatham Woods townhome has to offer!

Listing Details MLS# 2160954

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1596
Living Area Source: Public Records
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 260
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I-295 N, cross over the Buckman Bridge, Merge Right onto ROOSEVELT BLVD/US-17 N, turn Left at the next light onto Collins Rd. for 1.5 miles, and turn left into Chatham Woods.
Public Remarks: Welcome home to this well-maintained 3BR/2.5BA townhome in Chatham Woods offering 1,596 SF and an attached 1-car garage with overhead storage. The open main level connects the kitchen, dining & living areas and features SS appliances, breakfast bar, pantry and sliding doors leading to the semi-private patio. A 1/2 BA, laundry room and under-stair storage add convenience downstairs. Upstairs you'll find all 3 BRs plus a versatile loft. The primary suite features a walk-in closet, double vanity and tub/shower combo. Additional features include a newer water heater and generous storage. Conveniently located near NAS JAX with easy access to major highways, shopping, dining & entertainment. Come see what this Chatham Woods townhome has to offer!
List Price/SqFt: 106.52

Property Features

Appliances: Electric Range Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Carport Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-08-20

Location Tax and Legal

Street Number: 5260
Street Name: COLLINS
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 056-Yukon/Wesconnett/oak Hill
Subdivision Name: Chatham Woods

Status Change Information

Major Change Timestamp: 2026-11-03T23:19:52Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2026-11-03

DPR Eligible

DPR Eligible: Yes

More Information

Documents

Offer Instructions ›

Flood Disclosure ›

HOA Disclosure ›

Non Occupancy Disclosure ›

Listing Office: EXP REALTY LLC

Last Updated: November - 03 - 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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