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.

5454 MARINERS COVE Drive, Jacksonville, FL 32210 (MLS# 2171547)

5454 MARINERS COVE Drive, Jacksonville, FL 32210

New Listing

$519,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,712 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $519,000 List Date: 11/02/2026 Last Modified: 11/02/2026

Overview

Description

Experience the beauty of life on the water at this inviting Ortega River waterfront oasis, tucked away on a quiet cul-de-sac along one of Jacksonville's picturesque tidal waterways. Offering a wonderful combination of river views, boating convenience, including a lift and close proximity to Wayne B. Steven's boat launch, and comfortable living, this is a rare opportunity to make the waterfront lifestyle your own. The home's open living spaces create a welcoming atmosphere with plenty of natural light, while the spacious upstairs primary suite provides a peaceful retreat with a renovated bath and beautiful river views. Step outside to the custom elevated deck featuring brand new treated decking, where the tranquil setting and ever-changing river scenery invite you to slow down, enjoy the spa and literally soak in the atmosphere. There is also a nice fenced side yard - perfect for pets! For boating enthusiasts, the waterfront amenities are a standout feature.

Supplements: The expansive dock leads to the covered boathouse, constructed in 2018 and equipped with a 10,000-pound boat lift, offering convenient access to the navigable Ortega River and the broader St. Johns River system. With two bedrooms, two baths, an attached two-car garage which contains ample storage space, and an exceptional waterfront setting, this h ... (Read more)

Listing Details MLS# 2171547

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1712
Living Area Source: Public Records
Year Built: 1985
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.21
Association YN: No
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
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Direction Faces: Southeast
Directions: From Blanding Blvd go East on Confederate Point Rd, Right on La Moya Ave, Left on Cedar Creek Rd, Left on Mariners Cove to home on Right.
Public Remarks: Experience the beauty of life on the water at this inviting Ortega River waterfront oasis, tucked away on a quiet cul-de-sac along one of Jacksonville's picturesque tidal waterways. Offering a wonderful combination of river views, boating convenience, including a lift and close proximity to Wayne B. Steven's boat launch, and comfortable living, this is a rare opportunity to make the waterfront lifestyle your own. The home's open living spaces create a welcoming atmosphere with plenty of natural light, while the spacious upstairs primary suite provides a peaceful retreat with a renovated bath and beautiful river views. Step outside to the custom elevated deck featuring brand new treated decking, where the tranquil setting and ever-changing river scenery invite you to slow down, enjoy the spa and literally soak in the atmosphere. There is also a nice fenced side yard - perfect for pets! For boating enthusiasts, the waterfront amenities are a standout feature.
List Price/SqFt: 303.15

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Cooktop; Electric Oven; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Kitchen Island; Open Floorplan Flooring: Carpet; Tile Laundry Features: In Garage Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Exterior Features: Boat Lift; Dock Patio And Porch Features: Deck Spa Features: Above Ground; Heated Roof: Shingle Parking Features: Off Street Lot Features: Cul-De-Sac View: River; Trees/Woods Water Body Access Type: Owned Waterfront Features: River Front Current Use: Residential Community Features: Curbs; Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt 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: 2026-10-30

Location Tax and Legal

Street Number: 5454
Street Name: MARINERS COVE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 055-Confederate Point/Ortega Farms
Subdivision Name: Mariners Cove

Status Change Information

Major Change Timestamp: 2026-11-02T08:15:32Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: MILLER & COMPANY REAL ESTATE

Last Updated: November - 02 - 2026

Information deemed reliable but not guaranteed.