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.

7827 Hunters Grove Road, Jacksonville, FL 32256 (MLS# 624740)

7827 Hunters Grove Road, Jacksonville, FL 32256

$230,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,424 Status: Closed

Current Price: $230,000 List Date: 6/26/2012 Last Modified: 10/23/2026

Overview

Description

Best buy in Deerwood Country Club, priced way below the competition. Home features 4 bedrooms and 3 full baths, all brick construction, newer architectural shingle roof & central heat & air. Over .60 acres with side entry garage and private backyard. With a little TLC, this house would shine!

Listing Details MLS# 624740

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2424
Living Area Source: Public Records
Year Built: 1975
Lot Size Dimensions: 157 x177
Association YN: Yes
Association Fee: 1900
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Southside Blvd. go east Baymeadows Rd. left on Hunters Grove Rd.
Public Remarks: Best buy in Deerwood Country Club, priced way below the competition. Home features 4 bedrooms and 3 full baths, all brick construction, newer architectural shingle roof & central heat & air. Over .60 acres with side entry garage and private backyard. With a little TLC, this house would shine!
List Price/SqFt: 96.74
Sold Price/SqFt: 94.88

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Ranch Appliances: Electric Water Heater Interior Features: Split Bedrooms; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2012-06-05

Location Tax and Legal

Street Number: 7827
Street Name: Hunters Grove
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32256
MLS Area Major: 024-Baymeadows/Deerwood
Subdivision Name: Deerwood

Status Change Information

Major Change Timestamp: 2023-11-14T18:17:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2012-06-15T17:01:06Z
Purchase Contract Date: 2012-07-03
Close Date: 2012-08-09
Close Price: 230000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 3: Occupant Type: Appointment, Call Listing Office, Vacant -Lockbox

Listing Office: WATSON REALTY CORP

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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