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.

5871 COLLINS Road, Jacksonville, FL 32244 (MLS# 2171549)

5871 COLLINS Road, Jacksonville, FL 32244

New Listing

$1,300,000

Property Type: Residential Bedrooms: 8 Baths: 4 Square Footage: 4,750 Lot Size (sq. ft.): 85,378 Status: Active

Current Price: $1,300,000 List Date: 10/30/2026 Last Modified: 11/02/2026

Overview

Description

The S/D has been approved for 5 Single family Homes. Two of the 5 have been constructed and the other 3 SFH are in the final stages of Engineering/Permitting stage. The Construction of the 3rd House should start shortly. The 2 completed units are already rented out. The asking price does not include the construction of the other 3 houses.The other 3 SFH can be constructed for the new owner at additional expenses by the original Builder if requested . Each Unit is 4 Bd/2 Full Bath about $2300 SQ under the roof.Each lot is approx .4 Acres.Back of the lots are facing a pound which provides them with a very big private back yard. The houses were built toward end of 2025. and the Lot for the other 3 SFH is cleared. Perfect location . Close to Blanding Blvd, near I 295 and close by shopping centers and restaurants Tenant Occupied. Hard Money financing is available with proper down payment.

Listing Details MLS# 2171549

General Property Information

Bedrooms Total: 8
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3578
Living Area Source: Estimated
Building Area Total: 4750
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 1.96
Lot Size Dimensions: .4 Acres each lot
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: Yes
Estimated Completion Date: 2025-12-31
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 Intersection of Blanding Blvd and Collins RD Head South on Collins Rd The S/D is on the Left
Public Remarks: The S/D has been approved for 5 Single family Homes. Two of the 5 have been constructed and the other 3 SFH are in the final stages of Engineering/Permitting stage. The Construction of the 3rd House should start shortly. The 2 completed units are already rented out. The asking price does not include the construction of the other 3 houses.The other 3 SFH can be constructed for the new owner at additional expenses by the original Builder if requested . Each Unit is 4 Bd/2 Full Bath about $2300 SQ under the roof.Each lot is approx .4 Acres.Back of the lots are facing a pound which provides them with a very big private back yard. The houses were built toward end of 2025. and the Lot for the other 3 SFH is cleared. Perfect location . Close to Blanding Blvd, near I 295 and close by shopping centers and restaurants Tenant Occupied. Hard Money financing is available with proper down payment.
List Price/SqFt: 363.33

Property Features

Architectural Style: A-Frame Levels: One Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; ENERGY STAR Qualified Freezer; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Water Heater; Microwave; Refrigerator Interior Features: Eat-in Kitchen; Pantry Flooring: Laminate Laundry Features: Electric Dryer Hookup Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Sewer Available; Water Connected Cooling: Central Air; Separate Meters Heating: Central; Electric; Heat Pump; Hot Water; Separate Meters Electric: 150 Amp Service Water Source: Public Sewer: Septic Tank Green Energy Efficient: Appliances Construction Materials: Frame Patio And Porch Features: Deck; Patio Roof: Shingle Parking Features: Attached; Covered; Garage; Garage Door Opener Lot Features: Cleared; Split Possible View: Creek/Stream; Pond; Trees/Woods Current Use: Multi-Family Community Features: Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights; Other Listing Terms: Cash; Conventional; FHA; Private Financing Available; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-10-30

Location Tax and Legal

Street Number: 5871
Street Name: COLLINS
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 056-Yukon/Wesconnett/oak Hill
Subdivision Name: Section Land

Status Change Information

Major Change Timestamp: 2026-10-30T12:09:54Z
Major Change Type: New Listing

Green Energy

Ownership: Seller Owned

More Information

DPR Eligible

DPR Eligible: No

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: November - 02 - 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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