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.

778 TOWERING PINES Drive, Jacksonville, FL 32220 (MLS# 2088799)

778 TOWERING PINES Drive, Jacksonville, FL 32220

$243,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,440 Lot Size (sq. ft.): 47,916 Status: Closed

Current Price: $243,900 List Date: 5/21/2025 Last Modified: 10/23/2026

Overview

Description

Back on the market! Buyers financing fell through. Discover the perfect blend of comfort and space in this beautifully remodeled 3-bedroom, 2-bathroom home located on 1 acre (An additional attached 1 acre lot available for sale too) in Jacksonville. Tucked away in a peaceful setting, this property offers the privacy of country living while still being convenient to city amenities. Step inside to find a bright, open layout with modern updates throughout. The spacious living area flows into an updated kitchen and dining space, making it ideal for both everyday living and entertaining. The primary suite includes its own private bathroom, while two additional bedrooms and a second full bath provide plenty of room for family. Outside, the expansive acreage offers endless possibilities—whether you're dreaming of a garden, room for pets or hobbies, or simply enjoying the wide open space. With no HOA and plenty of room to grow, this property is a rare find.

Listing Details MLS# 2088799

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1440
Living Area Source: Public Records
Year Built: 1986
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 1.1
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: Merge onto I-295 N: Take the ramp to I-10 W. Exit onto I-10 W: Continue west on I-10. Take Exit 351 for Chaffee Rd: Turn right onto Chaffee Rd S. Turn left onto Old Plank Rd: Continue for approximately 1.5 miles. Turn right onto Towering Pines Dr: Proceed to 778 Towering Pines Dr, which will be on your left.
Public Remarks: Back on the market! Buyers financing fell through. Discover the perfect blend of comfort and space in this beautifully remodeled 3-bedroom, 2-bathroom home located on 1 acre (An additional attached 1 acre lot available for sale too) in Jacksonville. Tucked away in a peaceful setting, this property offers the privacy of country living while still being convenient to city amenities. Step inside to find a bright, open layout with modern updates throughout. The spacious living area flows into an updated kitchen and dining space, making it ideal for both everyday living and entertaining. The primary suite includes its own private bathroom, while two additional bedrooms and a second full bath provide plenty of room for family. Outside, the expansive acreage offers endless possibilities—whether you're dreaming of a garden, room for pets or hobbies, or simply enjoying the wide open space. With no HOA and plenty of room to grow, this property is a rare find.
List Price/SqFt: 170.14
Sold Price/SqFt: 169.38

Property Features

Levels: One Body Type: Double Wide Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Microwave; Refrigerator Flooring: Carpet; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Private; Well Sewer: Septic Tank Construction Materials: Fiber Cement Roof: Shingle Parking Features: Additional Parking Lot Features: Agricultural Current Use: Manufactured Home Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Manufactured Home
Property Attached YN: No
Listing Contract Date: 2025-05-21

Location Tax and Legal

Street Number: 778
Street Name: TOWERING PINES
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Jax Farms

Status Change Information

Major Change Timestamp: 2025-08-12T22:55:12Z
Major Change Type: Status Change
Price Change Timestamp: 2025-07-08T11:18:45Z
Purchase Contract Date: 2025-07-07
Close Date: 2025-08-08
Close Price: 243900

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Survey ›

Survey not marked up ›

Listing Office: EXIT INSPIRED REAL ESTATE

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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