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.

7700 LEGACY Trail, Jacksonville, FL 32256 (MLS# 2139902)

7700 LEGACY Trail, Jacksonville, FL 32256

$1,725

Property Type: Residential Lease Bedrooms: 2 Baths: 3 Square Footage: 1,202 Lot Size (sq. ft.): 3,485 Status: Closed

Current Price: $1,725 List Date: 4/14/2026 Last Modified: 11/04/2026

Overview

Description

Location, location, and location! Largest 2 Bed , 2.5 Bed with 1 car garage. Plenty of Storage. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic. Ideal place to call home! This delightful townhome offers an ideal outdoor space with your own backyard and with magnificent views of the lake. 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.

Listing Details MLS# 2139902

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1202
Living Area Source: Appraiser
Year Built: 2021
Lot Size Acres: 0.08
Association YN: No
Accessibility Features 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
Stories Total: 2
Senior Community YN: No
Directions: Take I-95 to 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 Echo Springs Rd.
Public Remarks: Location, location, and location! Largest 2 Bed , 2.5 Bed with 1 car garage. Plenty of Storage. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic. Ideal place to call home! This delightful townhome offers an ideal outdoor space with your own backyard and with magnificent views of the lake. 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.
List Price/SqFt: 1.44
Sold Price/SqFt: 1.44

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Water Source: Public Parking Features: Attached; Garage; Garage Door Opener Security Features: Smoke Detector(s) Waterfront Features: Pond Utilities: Cable Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Electricity; Sewer; Trash Collection; Water Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/49Q7hlw
Property Sub Type: Townhouse
Listing Contract Date: 2026-04-14
Lease Term: 12 Months
Availability Date: 2024-02-03

Location Tax and Legal

Street Number: 7700
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: 2026-06-25T15:44:25Z
Major Change Type: Status Change
Purchase Contract Date: 2026-06-25
Close Date: 2026-06-25
Close Price: 1725

Deposits and Fees

Additional Fee: 75
Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 1725

More Information

Listing Office: VSP REALTY & PROPERTY MANAGEMENT

Last Updated: November - 04 - 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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