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.

5557 ALDEN BRIDGE Drive, Jacksonville, FL 32258 (MLS# 2012907)

5557 ALDEN BRIDGE Drive, Jacksonville, FL 32258

$510,000

Front room- great place to visit with friends

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,253 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $510,000 List Date: 3/07/2024 Last Modified: 10/23/2026

Overview

Description

MULTIPLE OFFERS received. All offers due Sunday March 10 by 4pm, You'll feel like you walked into a model home! This rare find in Waterford Estates has been meticulously cared for and updated throughout by the original owners. This beautiful house is move-in ready with multiple upgrades and features, including plantation shutters, a custom-built bar, renovated ensuite, crown molding, bamboo floors, custom cabinets, screened patio with wood ceiling, fenced yard, and gas hook-up for a grill. Don't forget the community pool! Look no further- this is the one.

Listing Details MLS# 2012907

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2253
Living Area Source: Public Records
Year Built: 2000
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.21
Association YN: Yes
Association Fee: 720
Association Fee Frequency: Annually
Association Name: Sweetwater Creek South HOA
Association Phone: 888-722-6669
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: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From US1 (Exit 60) take Greenland Road 1.4 miles to Coastal Lane (Waterford Estates), turn right onto Coastal Lane, in .3 mi. turn Right onto Alden Bridge Road From San Jose Blvd. -take Loretto Road (East) about 4 miles to Coastal Lane (on right)- turn into Waterford Estates, go straight for .3 mi to Alden Bridge Rd. (Right)
Public Remarks: MULTIPLE OFFERS received. All offers due Sunday March 10 by 4pm, You'll feel like you walked into a model home! This rare find in Waterford Estates has been meticulously cared for and updated throughout by the original owners. This beautiful house is move-in ready with multiple upgrades and features, including plantation shutters, a custom-built bar, renovated ensuite, crown molding, bamboo floors, custom cabinets, screened patio with wood ceiling, fenced yard, and gas hook-up for a grill. Don't forget the community pool! Look no further- this is the one.
List Price/SqFt: 221.48
Sold Price/SqFt: 226.36

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Gas Range; Microwave; Refrigerator; Wine Cooler Fireplace Features: Electric; Other Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Gas Dryer Hookup; Washer Hookup Utilities: Sewer Connected; Water Connected; Propane Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Brick; Composition Siding Patio And Porch Features: Rear Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Garage Fencing: Back Yard; Vinyl; Wood Current Use: Residential; Single Family Association Amenities: Community Pool; Playground; Tennis Court(s) Road Frontage Type: City Street Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-03-07

Location Tax and Legal

Street Number: 5557
Street Name: ALDEN BRIDGE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32258
MLS Area Major: 014-Mandarin
Subdivision Name: Waterford Estates

Status Change Information

Major Change Timestamp: 2024-04-21T20:36:11Z
Major Change Type: Status Change
Purchase Contract Date: 2024-03-11
Close Date: 2024-04-15
Close Price: 510000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Listing Office: 904 REALTY LLC

Last Updated: October - 23 - 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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