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.

7625 LEGACY Trail, Jacksonville, FL 32256 (MLS# 2161375)

7625 LEGACY Trail, Jacksonville, FL 32256

$1,750

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,492 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $1,750 List Date: 8/22/2026 Last Modified: 10/23/2026

Overview

Description

MOVE IN READY Beautiful townhouse 3bed 2.5 bath located in the heart of Baymeadows. Open floor plan with stainless steel appliances. Washer & dryer included. Tile downstairs, carpet upstairs. Conveniently located close to I95. restaurants, shoppings and St. John Town Center, UNF, Mayo Clinic are all minutes aways. HOA covers lawn care. Tenants pay all utilities. NO DOG PLEASE!

Listing Details MLS# 2161375

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1492
Living Area Source: Public Records
Year Built: 2021
Lot Size Acres: 0.05
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From I-95 take exit 341 onto Baymeadows Rd and travel E approximately .2 mile, then turn L onto Baymeadows Circle E. Continue ahead approximately .75 mile to community on R at Legacy Trail.
Public Remarks: MOVE IN READY Beautiful townhouse 3bed 2.5 bath located in the heart of Baymeadows. Open floor plan with stainless steel appliances. Washer & dryer included. Tile downstairs, carpet upstairs. Conveniently located close to I95. restaurants, shoppings and St. John Town Center, UNF, Mayo Clinic are all minutes aways. HOA covers lawn care. Tenants pay all utilities. NO DOG PLEASE!
List Price/SqFt: 1.21
Sold Price/SqFt: 1.17

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Refrigerator; Washer Water Source: Public Parking Features: Additional Parking; Garage; Garage Door Opener Utilities: Cable Available; Electricity Available; Water Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Yes; Cats OK

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/vduOqZA
Property Sub Type: Townhouse
Listing Contract Date: 2026-08-22
Lease Term: 12 Months

Location Tax and Legal

Street Number: 7625
Street Name: LEGACY
Street Suffix: Trail
State: FL
County: Duval
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Bay Point

Status Change Information

Major Change Timestamp: 2026-10-23T16:49:37Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-04T00:53:54Z
Purchase Contract Date: 2026-09-06
Close Date: 2026-10-23
Close Price: 1750

Deposits and Fees

Pet Fee/Deposit: 300
Security Deposit: 1850

More Information

Listing Office: HUSKY REALTY INC

Last Updated: October - 23 - 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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