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.

6882 LAKE MIST Lane, Jacksonville, FL 32210 (MLS# 2170951)

6882 LAKE MIST Lane, Jacksonville, FL 32210

$130,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,811 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $130,000 List Date: 10/26/2026 Last Modified: 10/26/2026

Overview

Description

SHORT SALE!! SHORT SALE!! Seller accepting CASH and Conventional financing ONLY!! Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders. 3 BEDROOM 2.5 BATH TOWNHOME. ONE CAR GARAGE.

Listing Details MLS# 2170951

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1811
Living Area Source: Assessor
Year Built: 2007
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.07
Association YN: Yes
Association Fee: 500
Association Fee Frequency: Quarterly
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: 2
Entry Level: Yes
Senior Community YN: No
Directions: I-295 EXIT 17. GO EAST TO WILSON BLVD. TURN LEFT TO KOHN RD. TURN RIGHT TO SUMMIT VIEW DR. TURN RIGHT TO LAKE MIST LN.
Public Remarks: SHORT SALE!! SHORT SALE!! Seller accepting CASH and Conventional financing ONLY!! Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders. 3 BEDROOM 2.5 BATH TOWNHOME. ONE CAR GARAGE.
List Price/SqFt: 71.78

Property Features

Architectural Style: Traditional Levels: Two Appliances: None Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Parking Features: Garage Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-10-26

Location Tax and Legal

Street Number: 6882
Street Name: LAKE MIST
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 053-Hyde Grove Area
Subdivision Name: Lane Ave Townhomes

Status Change Information

Major Change Timestamp: 2026-10-26T19:37:12Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: 7 STAR REALTY, INC.

Last Updated: October - 26 - 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.