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.

7638 MAILES Court 101,102,201,202, Jacksonville, FL 32210 (MLS# 2136765)

7638 MAILES Court 101,102,201,202, Jacksonville, FL 32210

$750,000

Virtual Tour

https://my.matterport.com/show/?m=TAkfUfLnTxq&brand=0

Property Type: Commercial Sale Square Footage: 4,104 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $750,000 List Date: 3/26/2026 Last Modified: 10/27/2026

Overview

Description

This 2023-built quadruplex in Jacksonville presents a great opportunity for investors seeking a newer-construction multifamily property. Offering 4,104 square feet across four 2-bedroom, 2-bathroom units, the property features a total of 8 bedrooms and 8 full bathrooms. Modern finishes, central heating and air conditioning, and convenient access to I-295, I-95, major employers, shopping, and dining add to its appeal. Whether expanding an existing rental portfolio or entering the multifamily market, this four-unit property offers an opportunity to invest in Jacksonville's residential rental market.

Listing Details MLS# 2136765

General Property Information

Number Of Units Total: 4
Building Area Total: 4104
Year Built: 2023
Lot Size Acres: 0.17
Waterfront YN: No
Stories Total: 2
Directions: Starting at the intersection of Interstate 295 and Pritchard Road: Head east on Pritchard Road for approximately 0.6 miles, then turn left onto Old Kings Road. Continue north for about 1.1 miles, then turn right onto Moncrief Road W. Travel approximately 0.3 miles and turn left onto Mailes Court. The property, 7368 Mailes Ct, will be on your right.
Public Remarks: This 2023-built quadruplex in Jacksonville presents a great opportunity for investors seeking a newer-construction multifamily property. Offering 4,104 square feet across four 2-bedroom, 2-bathroom units, the property features a total of 8 bedrooms and 8 full bathrooms. Modern finishes, central heating and air conditioning, and convenient access to I-295, I-95, major employers, shopping, and dining add to its appeal. Whether expanding an existing rental portfolio or entering the multifamily market, this four-unit property offers an opportunity to invest in Jacksonville's residential rental market.
List Price/SqFt: 182.75

Property Features

Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; Other Lot Features: Cleared Parking Features: Attached Sale Includes: Building & Land; Building Only Utilities: Electricity Connected; Water Available; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-03-24
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 7638
Street Name: MAILES
Street Suffix: Court
County: Duval
State: FL
Postal Code: 32210
MLS Area Major: 063-Jacksonville Heights/Oak Hill/English Estates

Status Change Information

Major Change Timestamp: 2026-08-20T14:23:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-20T14:23:01Z

Unit 1 Details

Unit ID: 101
Annual Rent: 1365
Unit SqFt: 1040
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: unit not leased

More Information

Unit 2 Details

Unit ID: 102
Annual Rent: 1275
Unit SqFt: 1040
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: unit leased

Unit 3 Details

Unit ID: 201
Annual Rent: 1275
Unit SqFt: 1040
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: unit leased

Unit 4 Details

Unit ID: 202
Annual Rent: 1280
Unit SqFt: 984
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: unit leased

Documents

Flyer ›

Property Info ›

Listing Office: KELLER WILLIAMS ST JOHNS

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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