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.

7990 BAYMEADOWS Road E 823, Jacksonville, FL 32256 (MLS# 2141177)

7990 BAYMEADOWS Road E 823, Jacksonville, FL 32256

$247,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,206 Status: Active

Current Price: $247,000 List Date: 4/24/2026 Last Modified: 10/26/2026

Overview

Description

No expense was spared in creating total luxury and style in this 3 BR/2 full bath home, with newly replaced windows ($7K), HVAC ($7K), luxury vinyl plank (scratch resistant) flooring, bathroom renovations and complete kitchen renovation including custom cabinetry, quartz countertops, backsplash, hardware, RO water system, lighting and appliances. 9 foot ceilings and crown moldings add to the bright, relaxing living space. Enjoy the split bedroom design off the open-concept living space for aesthetic and functional flexibility. Within the primary suite haven, the seller has generously added a cabinet with quartz countertop in the master walk-in closet located next to the private primary bath. This unit was chosen by the seller because it offered the tranquillity from facing the lake and the privacy and convenience of being on the second floor along with being close to the high-end shopping at St Johns Town Center. The private screened-in balcony overlooking the lake with the sound

Supplements: of the fountain will remind you to exhale and relax each day. Your location in this home offers you most convenient access within the Jacksonville area, just named the Number One city for First Time Homebuyers! Close to health facilities, dining, shopping, commuting routes/ route 295, airport, and endless recreation... including Top Golf just minut ... (Read more)

Listing Details MLS# 2141177

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1206
Living Area Source: Assessor
Building Area Total: 1206
Year Built: 2002
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 225
Association Fee Frequency: Monthly
Association Fee 2: 220
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Stories Total: 3
Entry Level: 2
Senior Community YN: No
Directions: Head northeast toward Baymeadows Rd, merge onto Baymeadows Rd E. Make a U-turn at Courtney Meadows.
Public Remarks: No expense was spared in creating total luxury and style in this 3 BR/2 full bath home, with newly replaced windows ($7K), HVAC ($7K), luxury vinyl plank (scratch resistant) flooring, bathroom renovations and complete kitchen renovation including custom cabinetry, quartz countertops, backsplash, hardware, RO water system, lighting and appliances. 9 foot ceilings and crown moldings add to the bright, relaxing living space. Enjoy the split bedroom design off the open-concept living space for aesthetic and functional flexibility. Within the primary suite haven, the seller has generously added a cabinet with quartz countertop in the master walk-in closet located next to the private primary bath. This unit was chosen by the seller because it offered the tranquillity from facing the lake and the privacy and convenience of being on the second floor along with being close to the high-end shopping at St Johns Town Center. The private screened-in balcony overlooking the lake with the sound
List Price/SqFt: 204.81

Property Features

Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 7 Months Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Entrance Foyer; Open Floorplan; Pantry; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Block; Concrete Exterior Features: Balcony Patio And Porch Features: Covered; Screened; Terrace Parking Features: Additional Parking; Assigned; Carport; Guest View: Pond; Water Current Use: Multi-Family; Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Management - On Site; Trash Association Fee Includes: Maintenance Grounds; Pest Control; Trash; Water Community Features: Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan