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.

6012 EDGEFIELD Drive, Jacksonville, FL 32205 (MLS# 2170883)

6012 EDGEFIELD Drive, Jacksonville, FL 32205

New Listing

$240,000

Virtual Tour

https://www.zillow.com/view-imx/1edf60e0-f28c-4638-befd-5af6eb1bf952?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,515 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $240,000 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

This cute and affordable 3 bedroom 2 bathroom home with updated finishes is minutes from I10 and the 295 West Beltway. Nestled in the Lake Shore area between Lane and Cassat, this home is conveniently located and priced to move. Featuring a garage, carport, and enclosed lanai as well as a fenced in yard. It is minutes from downtown and close to shopping and dining amenities in a quiet and serene neighborhood. It can be financed at 100% by qualified buyers through a special program with one of our preferred lenders.

Open Houses

Saturday, October 31, 10:00 am - 9:00 pm

Listing Details MLS# 2170883

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1035
Living Area Source: Public Records
Building Area Total: 1515
Year Built: 1960
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Carport Spaces: 2
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: North
Directions: South on Cassatt from I-10, right on Park, right on Ellis to left on Edgefield. Home on left.
Public Remarks: This cute and affordable 3 bedroom 2 bathroom home with updated finishes is minutes from I10 and the 295 West Beltway. Nestled in the Lake Shore area between Lane and Cassat, this home is conveniently located and priced to move. Featuring a garage, carport, and enclosed lanai as well as a fenced in yard. It is minutes from downtown and close to shopping and dining amenities in a quiet and serene neighborhood. It can be financed at 100% by qualified buyers through a special program with one of our preferred lenders.
List Price/SqFt: 231.88

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Dryer; Refrigerator; Washer Flooring: Luxury Vinyl Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Septic Tank Construction Materials: Concrete Roof: Shingle Parking Features: Additional Parking Fencing: Back Yard Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt; 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: 2026-10-26

Location Tax and Legal

Street Number: 6012
Street Name: EDGEFIELD
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 052-Lakeshore
Subdivision Name: Edgefield

Status Change Information

Major Change Timestamp: 2026-10-28T07:15:33Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: October - 28 - 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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