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.

7654 LEGACY Trail, Jacksonville, FL 32256 (MLS# 1216848)

7654 LEGACY Trail, Jacksonville, FL 32256

$1,650

Property Type: Residential Lease Bedrooms: 2 Baths: 3 Square Footage: 1,202 Status: Closed

Current Price: $1,650 List Date: 3/13/2023 Last Modified: 11/04/2026

Overview

Description

Desirable location, Beautiful 2-bedroom, 2.5 bath townhouse an ideal place to call home! This delightful townhome offers an ideal outdoor space with your own backyard. The main level features an open floor plan and a Tile floor, The kitchen is equipped with Stainless Appliances and nickel hardware and W/D will be in place. The second floor features a Master bedroom with an attached bathroom. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic, and the beaches

Listing Details MLS# 1216848

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1202
Living Area Source: Public Records
Year Built: 2021
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Directions: From I-95 take exit 341 onto Baymeadows Rd and travel E approximately .2 mile, then turn L onto Baymeadows Circle W. Continue ahead approximately .4 mile to community on R at Legacy Trl
Public Remarks: Desirable location, Beautiful 2-bedroom, 2.5 bath townhouse an ideal place to call home! This delightful townhome offers an ideal outdoor space with your own backyard. The main level features an open floor plan and a Tile floor, The kitchen is equipped with Stainless Appliances and nickel hardware and W/D will be in place. The second floor features a Master bedroom with an attached bathroom. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic, and the beaches
List Price/SqFt: 1.41
Sold Price/SqFt: 1.37

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Porch Pool Features: None Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Electricity; Sewer; Trash Collection; Water Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2023-03-10
Lease Term: 12 Months

Location Tax and Legal

Street Number: 7654
Street Name: LEGACY
Street Suffix: Trail
State: FL
County: Duval
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Baypoint

Status Change Information

Major Change Timestamp: 2023-11-20T09:36:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-04-15T10:06:53Z
Purchase Contract Date: 2023-04-23
Close Date: 2023-05-01
Close Price: 1650

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 75

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, LeasePrepFeeTenant: 75, Dining-Kitchen/Family Combo: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Call Office, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Cementitious Siding, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Townhouse: Y
Public Historical Remarks 3: Date Available: April 1st, 2023

Listing Office: VSP REALTY & PROPERTY MANAGEMENT

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare