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.

5695 HYDE PARK Circle, Jacksonville, FL 32210 (MLS# 2133434)

5695 HYDE PARK Circle, Jacksonville, FL 32210

$460,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,016 Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $460,000 List Date: 3/06/2026 Last Modified: 10/27/2026

Overview

Description

*OPEN HOUSE CANCELED* Tucked away on a quiet road behind Hyde Park Golf Course golf course, this one-of-a-kind waterfront home offers a setting that's hard to find. The split-level design features three levels of living space with two separate living areas for flexible living. Inside features neutral modern paint, LVP flooring, and updated kitchen and baths. Enjoy multiple balconies and generous porch space for relaxing or entertaining. The private fenced backyard is perfectly situated on the navigable Cedar River, complete with an above-ground pool. The extra large driveway, in addition to the double gates to the back allow you to park and store all of your toys! To top it off this property offers an amazing under-home cellar for additional storage! This home is a must see, come and check it out to see what the river life is all about.. you'll never want to leave! Newer Roof, AC, Flooring!

Listing Details MLS# 2133434

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2016
Living Area Source: Public Records
Year Built: 1976
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.5
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: Yes
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 3
Entry Level: 2
Senior Community YN: No
Directions: From Lane Ave to Hyde Grove Ave, right onto Hyde Park Rd
Public Remarks: *OPEN HOUSE CANCELED* Tucked away on a quiet road behind Hyde Park Golf Course golf course, this one-of-a-kind waterfront home offers a setting that's hard to find. The split-level design features three levels of living space with two separate living areas for flexible living. Inside features neutral modern paint, LVP flooring, and updated kitchen and baths. Enjoy multiple balconies and generous porch space for relaxing or entertaining. The private fenced backyard is perfectly situated on the navigable Cedar River, complete with an above-ground pool. The extra large driveway, in addition to the double gates to the back allow you to park and store all of your toys! To top it off this property offers an amazing under-home cellar for additional storage! This home is a must see, come and check it out to see what the river life is all about.. you'll never want to leave! Newer Roof, AC, Flooring!
List Price/SqFt: 235.62
Sold Price/SqFt: 228.17

Property Features

Levels: Multi/Split; Three Or More Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Cooktop; Electric Oven; Refrigerator Interior Features: Eat-in Kitchen; Kitchen Island; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: In Garage Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Exterior Features: Balcony; Dock Patio And Porch Features: Deck; Porch; Rear Porch Pool Features: Above Ground Parking Features: Attached View: River Water Body Access Type: Navigable Waterfront Features: River Front Fencing: Back Yard Current Use: Residential; Single Family Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-05

Location Tax and Legal

Street Number: 5695
Street Name: HYDE PARK
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 053-Hyde Grove Area
Subdivision Name: Hyde Park Circle

Status Change Information

Major Change Timestamp: 2026-05-22T20:47:29Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-21T15:08:29Z
Purchase Contract Date: 2026-04-20
Close Date: 2026-05-22
Close Price: 460000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: October - 27 - 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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