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.

6586 MORSE GLEN Lane, Jacksonville, FL 32244 (MLS# 2050551)

6586 MORSE GLEN Lane, Jacksonville, FL 32244

$250,000

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,264 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $250,000 List Date: 10/04/2024 Last Modified: 10/27/2026

Overview

Description

Charming and cozy home perfectly situated near schools, shopping, churches, and a short drive to downtown Jacksonville. This 3-bedroom, 2-bath property features a spacious single-car garage and includes essential appliances such as a refrigerator, stove, and dishwasher. With a new roof installed in 2019, this home offers both convenience and peace in a serene cul-de-sac setting.

Listing Details MLS# 2050551

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1264
Living Area Source: Public Records
Year Built: 2006
Lot Size Acres: 0.12
Association YN: Yes
Association Fee: 250
Association Fee Frequency: Annually
Association Name: Morse Glen HOA
Association Phone: 9042259070
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: 295 N exit 12 onto Blanding Blvd. 2.1 miles take left on Morse Ave 0.1 turn right on Morse Glen Ln.
Public Remarks: Charming and cozy home perfectly situated near schools, shopping, churches, and a short drive to downtown Jacksonville. This 3-bedroom, 2-bath property features a spacious single-car garage and includes essential appliances such as a refrigerator, stove, and dishwasher. With a new roof installed in 2019, this home offers both convenience and peace in a serene cul-de-sac setting.
List Price/SqFt: 197.78
Sold Price/SqFt: 197.78

Property Features

Architectural Style: Ranch Levels: One Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Open Floorplan; Pantry; Primary Bathroom - Tub with Shower Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Connected Cooling: Central Air Heating: Central Electric: 100 Amp Service Water Source: Public Sewer: Aerobic Septic Security Features: Fire Alarm Construction Materials: Aluminum Siding Pool Features: None Roof: Shingle Parking Features: Garage Lot Features: Cul-De-Sac Fencing: Back Yard; Privacy Current Use: Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-10-04

Location Tax and Legal

Street Number: 6586
Street Name: MORSE GLEN
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 056-Yukon/Wesconnett/oak Hill
Subdivision Name: Morse Glen

Status Change Information

Major Change Timestamp: 2024-11-04T21:26:22Z
Major Change Type: Status Change
Purchase Contract Date: 2024-10-05
Close Date: 2024-11-04
Close Price: 250000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MARK SPAIN REAL ESTATE

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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