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.

589 CHAFFEE Road N, Jacksonville, FL 32220 (MLS# 2170211)

589 CHAFFEE Road N, Jacksonville, FL 32220

$435,000

Virtual Tour

https://www.zillow.com/view-imx/ece2ea4c-5a6e-439b-9e09-ef5c4e39f795?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,578 Lot Size (sq. ft.): 65,340 Status: Active

Current Price: $435,000 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

**ACREAGE**BRICK HOME**FULLY RENOVATED** Escape to your own private retreat on a 1.5 ACRE LOT with NO HOA! This charming home offers 1,656 sqft of bright, welcoming living space in a GREAT LOCATION near I-10. The interior shines with NEW woodlike flooring, UPDATED CEILING FANS, stylish lighting fixtures, and recessed lights throughout. The OPEN CONCEPT layout includes 3 beds/2 baths plus a BONUS ROOM with a vaulted ceiling and one side of a stunning double-sided brick fireplace. Step through to the living room to find the reverse side of this shared feature beneath a gorgeous vaulted ceiling. The kitchen boasts sleek white cabinetry with gold accents, and BRAND NEW STAINLESS STEEL APPLIANCES. The primary suite offers a HUGE WALK-IN SHOWER. Outside, you'll find a covered front porch, an extended driveway with room to park an RV or boat, and a HUGE SCREENED-IN PATIO overlooking the huge backyard. Properties like this never last long, schedule your private tour today!

Listing Details MLS# 2170211

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1656
Living Area Source: Public Records
Building Area Total: 2578
Year Built: 1993
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 1.5
Lot Size Dimensions: 145 X 465
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: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: West
Directions: From Interstate 10, take Exit 343 for Chaffee Road and head north on Chaffee Road South. Continue straight through the US-90 (West Beaver Street) intersection as it becomes Chaffee Road North; the property (589 N Chaffee Rd) will be about one mile ahead on your right.
Public Remarks: **ACREAGE**BRICK HOME**FULLY RENOVATED** Escape to your own private retreat on a 1.5 ACRE LOT with NO HOA! This charming home offers 1,656 sqft of bright, welcoming living space in a GREAT LOCATION near I-10. The interior shines with NEW woodlike flooring, UPDATED CEILING FANS, stylish lighting fixtures, and recessed lights throughout. The OPEN CONCEPT layout includes 3 beds/2 baths plus a BONUS ROOM with a vaulted ceiling and one side of a stunning double-sided brick fireplace. Step through to the living room to find the reverse side of this shared feature beneath a gorgeous vaulted ceiling. The kitchen boasts sleek white cabinetry with gold accents, and BRAND NEW STAINLESS STEEL APPLIANCES. The primary suite offers a HUGE WALK-IN SHOWER. Outside, you'll find a covered front porch, an extended driveway with room to park an RV or boat, and a HUGE SCREENED-IN PATIO overlooking the huge backyard. Properties like this never last long, schedule your private tour today!
List Price/SqFt: 262.68

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Double Sided Interior Features: Ceiling Fan(s); Entrance Foyer; Primary Bathroom - Shower No Tub; Vaulted Ceiling(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Septic Tank Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Off Street Lot Features: Cleared; Many Trees View: Trees/Woods Current Use: Residential; Single Family Road Surface Type: Paved 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: 2026-10-21

Location Tax and Legal

Street Number: 589
Street Name: CHAFFEE
Street Suffix: Road
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Confederate Crossing South

Status Change Information

Major Change Timestamp: 2026-10-28T17:53:41Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Buyer Home Warranty ›

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: October - 28 - 2026

Information deemed reliable but not guaranteed.