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.

7405 DEEPWOOD Drive N, Jacksonville, FL 32244 (MLS# 2170938)

7405 DEEPWOOD Drive N, Jacksonville, FL 32244

$227,900

all_floors_7405_deepwood_drive_north_jac

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,322 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $227,900 List Date: 10/26/2026 Last Modified: 10/30/2026

Overview

Description

Charming 3-bedroom, 2-bathroom home nestled in an established neighborhood close to I-295. This property offers a comfortable and functional floor plan, a dedicated laundry room, and a spacious fenced backyard, ideal for family gatherings, outdoor entertaining, or simply enjoying your own private space. The classic all-brick construction adds timeless curb appeal and lasting durability. Whether you're a first-time home buyer, looking to downsize, or an investor seeking a great opportunity, this home has plenty to offer. Don't miss your chance to make this property your own! Schedule your private showing today!

Listing Details MLS# 2170938

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1322
Living Area Source: Appraiser
Year Built: 1966
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.19
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: I295 take 103rd St Exit, head West. Turn left on Firestone Rd, right on Wheat, left on Deepwood Lane, then left on Deepwood Drive
Public Remarks: Charming 3-bedroom, 2-bathroom home nestled in an established neighborhood close to I-295. This property offers a comfortable and functional floor plan, a dedicated laundry room, and a spacious fenced backyard, ideal for family gatherings, outdoor entertaining, or simply enjoying your own private space. The classic all-brick construction adds timeless curb appeal and lasting durability. Whether you're a first-time home buyer, looking to downsize, or an investor seeking a great opportunity, this home has plenty to offer. Don't miss your chance to make this property your own! Schedule your private showing today!
List Price/SqFt: 172.39

Property Features

Property Condition: Updated/Remodeled Appliances: Electric Cooktop; Electric Oven; Microwave; Refrigerator Interior Features: Ceiling Fan(s) Flooring: Luxury Vinyl Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Brick Parking Features: Attached Carport Fencing: Back Yard; Fenced Current Use: Residential; Single Family 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: 7405
Street Name: DEEPWOOD
Street Suffix: Drive
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 063-Jacksonville Heights/Oak Hill/English Estates
Subdivision Name: Enchanted Park

Status Change Information

Major Change Timestamp: 2026-10-30T11:36:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-30T11:36:52Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

LBP Disclosure ›

SPD ›

Flood Disclosure ›

Listing Office: ZALLOUM REALTY LLC

Last Updated: October - 30 - 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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