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.

6831 RHONE Drive, Jacksonville, FL 32208 (MLS# 2139151)

6831 RHONE Drive, Jacksonville, FL 32208

$165,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,214 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $165,000 List Date: 10/13/2026 Last Modified: 10/22/2026

Overview

Description

Come see this single-family, detached ranch-style home located on a corner lot in the ''Ribault Manor'' neighborhood. The home offers a living room, an additional space for extra living area, an open kitchen, a primary bedroom with a half bath, an indoor utility area and a fenced yard.

Listing Details MLS# 2139151

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1214
Living Area Source: Public Records
Year Built: 1956
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.28
Lot Size Dimensions: 110' x 110'
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From Moncrief RD W, North on Winton DR, left on Cavalier RD, right on Lagney DR, property at right corner on Lagney DR and Rhone DR
Public Remarks: Come see this single-family, detached ranch-style home located on a corner lot in the ''Ribault Manor'' neighborhood. The home offers a living room, an additional space for extra living area, an open kitchen, a primary bedroom with a half bath, an indoor utility area and a fenced yard.
List Price/SqFt: 135.91
Sold Price/SqFt: 135.91

Property Features

Architectural Style: Ranch Appliances: Electric Range; Electric Water Heater; Microwave; Refrigerator Flooring: Laminate; Tile; Vinyl Utilities: Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick; Frame; Wood Siding Other Structures: Shed(s) Parking Features: Off Street Lot Features: Corner Lot Fencing: Chain Link Current Use: Single Family Road Surface Type: Asphalt 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: 2026-04-09

Location Tax and Legal

Street Number: 6831
Street Name: RHONE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Ribault Manor

Status Change Information

Major Change Timestamp: 2026-10-22T20:20:39Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-17T16:04:38Z
Purchase Contract Date: 2026-10-16
Close Date: 2026-10-22
Close Price: 165000

DPR Eligible

DPR Eligible: No

More Information

Documents

Property Disclosure ›

Lead Paint ›

Mold ›

Sinkhole Disclosure ›

Sexual Offender Disclosure ›

Listing Office: CONTINENTAL REAL ESTATE GROUP

Last Updated: October - 22 - 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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