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.

7949 ECHO SPRINGS Road, Jacksonville, FL 32256 (MLS# 2055301)

7949 ECHO SPRINGS Road, Jacksonville, FL 32256

$1,750

Property Type: Residential Lease Bedrooms: 2 Baths: 3 Square Footage: 1,202 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $1,750 List Date: 1/04/2025 Last Modified: 11/04/2026

Overview

Description

Desirable 2-bedroom, 2.5 bath and 1 Car garage townhouse offers an ideal outdoor space with your own backyard. The main level features an open floor plan . The kitchen is equipped with Stainless Appliances , nickel hardware, Washer & Dryer . All bedroom are on the 2nd floor with attached bathroom. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic, and the beaches.

Listing Details MLS# 2055301

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1202
Living Area Source: Public Records
Year Built: 2020
Lot Size Acres: 0.06
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 .1 mile to community on R at Echo Springs Rd.
Public Remarks: Desirable 2-bedroom, 2.5 bath and 1 Car garage townhouse offers an ideal outdoor space with your own backyard. The main level features an open floor plan . The kitchen is equipped with Stainless Appliances , nickel hardware, Washer & Dryer . All bedroom are on the 2nd floor with attached bathroom. Located at Baymeadows & South-side area** minutes from St. John's Town Center, UNF, the Mayo Clinic, and the beaches.
List Price/SqFt: 1.46
Sold Price/SqFt: 1.46

Property Features

Additional Lease Terms: 12 Months Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Entrance Foyer; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Pool Features: None Water Source: Public Parking Features: Garage Sewer: Public Sewer Utilities: Cable Available; Separate Electric Meters; Separate Water Meters; Other Cooling: Central Air Heating: Central; Electric Road Surface Type: Asphalt Tenant Pays: All Utilities; Electricity; Sewer; Trash Collection; Water Pets Allowed: Yes; Breed Restrictions; Dogs OK; Size Limit Room Types: Utility Room

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/Ug04HG4
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2024-11-03
Lease Term: 12 Months
Availability Date: 2024-12-02

Location Tax and Legal

Street Number: 7949
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: 2025-02-14T03:13:04Z
Major Change Type: Status Change
Purchase Contract Date: 2025-01-10
Close Date: 2025-02-18
Close Price: 1750

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 1750

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, LeasePrepFeeTenant: 75
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Cementitious Siding, Utilities-Underground: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Townhouse: Y
Public Historical Remarks 3: Date Available: Today, Occupant Type: Appointment, Call Listing Agent, See ShowingAssist, Back-Ups Accepted, Vacant -Lockbox

Room Information

Room Name
Utility Room

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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