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.

7801 POINT MEADOWS Drive 8307, Jacksonville, FL 32256 (MLS# 2156848)

7801 POINT MEADOWS Drive 8307, Jacksonville, FL 32256

$1,525

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,112 Status: Active

Current Price: $1,525 List Date: 7/24/2026 Last Modified: 10/30/2026

Overview

Description

2 bedroom, 2 bathroom condo located on the Southside of Jacksonville in Point Meadows Place. 3rd floor unit! The building has elevator service. Tenant to apply & pay new resident HOA registration fee prior to move the lease start date, as well as attending HOA orientation as required by the HOA. No pets per HOA.

Listing Details MLS# 2156848

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Unit Type: Other
Living Area: 1112
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Accessibility Features YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 4
Entry Level: 3
Senior Community YN: No
Directions: from 9A freeway, exit on Gate Parkway and go west, turn left to Point Meadow Drive, turn to Point Meadow Place gate. Building 8 is all the way at the end of community.
Public Remarks: 2 bedroom, 2 bathroom condo located on the Southside of Jacksonville in Point Meadows Place. 3rd floor unit! The building has elevator service. Tenant to apply & pay new resident HOA registration fee prior to move the lease start date, as well as attending HOA orientation as required by the HOA. No pets per HOA.
List Price/SqFt: 1.37

Property Features

Appliances: Electric Range; Refrigerator Association Amenities: Community Pool; Fitness Center Water Source: Public Parking Features: Detached Carport; Other Sewer: Public Sewer Utilities: Other Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Rental Service: None
Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-07-24
Lease Term: 12 Months
Availability Date: 2026-07-24

Location Tax and Legal

Street Number: 7801
Street Name: POINT MEADOWS
Street Suffix: Drive
State: FL
County: Duval
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Point Meadows Place

Status Change Information

Major Change Timestamp: 2026-10-30T17:22:29Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-30T17:22:29Z

Deposits and Fees

Application Fee: 75
Security Deposit: 1525

More Information

Documents

offer to lease ›

income requirement guidelines ›

agent instructions ›

Listing Office: REBATERENTALS.COM REALTY INC

Last Updated: October - 30 - 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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