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.

7818 ECHO SPRINGS Road, Jacksonville, FL 32256 (MLS# 2070924)

7818 ECHO SPRINGS Road, Jacksonville, FL 32256

$1,850

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,492 Lot Size (sq. ft.): 3,920 Status: Closed

Current Price: $1,850 List Date: 3/05/2025 Last Modified: 11/04/2026

Overview

Description

Located minutes from St. John's Town Center, UNF, the Mayo Clinic and the beaches makes this spacious 3 bedroom, 2.5 bath townhouse with SMART Home Security and it's an ideal place to call it as home! This delightful townhome offers an ideal outdoor space - the large back lawn is perfect for families and get-togethers! The main level features an open floor plan equipped with stainless steel appliances kitchen, The second floor features oversized bedrooms with attached bathrooms, built in with Washer/Dryer, vaulted ceilings with plenty of storage space

Listing Details MLS# 2070924

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1492
Living Area Source: Public Records
Year Built: 2021
Lot Size Acres: 0.09
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: 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 Echo Springs Rd
Public Remarks: Located minutes from St. John's Town Center, UNF, the Mayo Clinic and the beaches makes this spacious 3 bedroom, 2.5 bath townhouse with SMART Home Security and it's an ideal place to call it as home! This delightful townhome offers an ideal outdoor space - the large back lawn is perfect for families and get-togethers! The main level features an open floor plan equipped with stainless steel appliances kitchen, The second floor features oversized bedrooms with attached bathrooms, built in with Washer/Dryer, vaulted ceilings with plenty of storage space
List Price/SqFt: 1.27
Sold Price/SqFt: 1.24

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Entrance Foyer; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Patio And Porch Features: Patio Water Source: Public Parking Features: Attached; Garage Security Features: Smoke Detector(s) Utilities: Electricity Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Electricity; Sewer; Water Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/H-0tE-8
Property Sub Type: Townhouse
Listing Contract Date: 2025-02-17
Lease Term: 12 Months
Availability Date: 2025-03-04

Location Tax and Legal

Street Number: 7818
Street Name: ECHO SPRINGS
Street Suffix: Road
State: FL
County: Duval
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Baypoint

Status Change Information

Major Change Timestamp: 2025-03-06T01:37:12Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-05T15:33:44Z
Purchase Contract Date: 2025-04-02
Close Date: 2025-03-05
Close Price: 1850

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 1950

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Wall-to-Wall Carpet: Y, Ceramic Tile: 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, Exterior Wall: Aluminum Siding,Cementitious Siding, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Townhouse: Y

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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