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.

5813 RIDGEWAY Road E, Jacksonville, FL 32244 (MLS# 2161813)

5813 RIDGEWAY Road E, Jacksonville, FL 32244

$184,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,308 Lot Size (sq. ft.): 7,405 Status: Pending

Current Price: $184,900 List Date: 10/01/2026 Last Modified: 11/03/2026

Overview

Description

NEW ROOF TO BE INSTALLED ONE WEEK PRIOR TO CLOSING. Updated Jacksonville Home with Space, Convenience & Value! A 3-bedroom home featuring a remodeled kitchen, updated flooring, and a comfortable layout with 925 sq ft of living space. It is currently configured with 2 full bathrooms and also features a recently updated A/C system, plumbing and electrical*. Step outside to a spacious backyard offering two detached wood structures, including a large covered outdoor pavilion--perfect for entertaining, hobbies, outdoor gatherings, or additional storage possibilities. A covered carport adds everyday convenience. Ideally located with easy access to I-295, 103rd St and Blanding Blvd, placing shopping, grocery stores, dining, schools and everyday services within convenient reach. Whether you're looking for an affordable primary residence or your next investment opportunity, this property offers a great combination of updates, outdoor space, location and value.

Supplements: *Buyer to verify all measurements and improvements. Images have been edited. Schedule your showing today and come see everything Ridgeway has to offer!

Listing Details MLS# 2161813

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 925
Living Area Source: Public Records
Building Area Total: 1308
Year Built: 1961
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.17
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: From I-295 S, take exit 12 for Collins Rd/Morse Ave, turn right onto Morse Ave, turn left onto Ricker Rd, turn right onto Ridgeway Rd E. Property will be on the right
Public Remarks: NEW ROOF TO BE INSTALLED ONE WEEK PRIOR TO CLOSING. Updated Jacksonville Home with Space, Convenience & Value! A 3-bedroom home featuring a remodeled kitchen, updated flooring, and a comfortable layout with 925 sq ft of living space. It is currently configured with 2 full bathrooms and also features a recently updated A/C system, plumbing and electrical*. Step outside to a spacious backyard offering two detached wood structures, including a large covered outdoor pavilion--perfect for entertaining, hobbies, outdoor gatherings, or additional storage possibilities. A covered carport adds everyday convenience. Ideally located with easy access to I-295, 103rd St and Blanding Blvd, placing shopping, grocery stores, dining, schools and everyday services within convenient reach. Whether you're looking for an affordable primary residence or your next investment opportunity, this property offers a great combination of updates, outdoor space, location and value.
List Price/SqFt: 199.89

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Convection Oven; Electric Water Heater; Refrigerator Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Parking Features: Carport Current Use: Residential 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: 2026-08-25

Location Tax and Legal

Street Number: 5813
Street Name: RIDGEWAY
Street Suffix: Road
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 063-Jacksonville Heights/Oak Hill/English Estates
Subdivision Name: Oak Hill Manor

Status Change Information

Major Change Timestamp: 2026-10-13T23:11:19Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-13

DPR Eligible

DPR Eligible: No

More Information

Documents

Listing Office: RISE REALTY ADVISORS, 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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