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.

8114 BUCHANNAN Court, Jacksonville, FL 32244 (MLS# 2090058)

8114 BUCHANNAN Court, Jacksonville, FL 32244

$270,000

Virtual Tour

https://www.zillow.com/view-imx/5b82058f-7893-460b-92bf-f5125fc6385a?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,543 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $270,000 List Date: 5/29/2025 Last Modified: 10/27/2026

Overview

Description

***MULTIPLE OFFER NOTICE Highest and Best due by Saturday, 05/31/25 at 3pm Step into home ownership with this move-in ready 3-bedroom, 2-bath gem offering 1,543 square feet of comfortable living space. With easy to maintain tile flooring and tons of natural light throughout, this home feels bright, open and welcoming from the moment you walk in. The spacious master suite features a relaxing soaker tub- your own private retreat after a busy day. Enjoy outdoor living with a screened in back patio and a fully fenced back yard- great for pets, kids, or weekend barbecues with friends. Located in a quiet, well-kept community that includes a fantastic park and playground, this home is perfect for anyone looking to put down roots in a neighborhood that feels like home.

Listing Details MLS# 2090058

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1543
Living Area Source: Assessor
Year Built: 1992
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.18
Association YN: Yes
Association Fee: 221
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Senior Community YN: No
Directions: From east on Collins turn right at light onto Westport then left onto Macnaughton Dr then right on Mactavish Way W then right on Buchannan
Public Remarks: ***MULTIPLE OFFER NOTICE Highest and Best due by Saturday, 05/31/25 at 3pm Step into home ownership with this move-in ready 3-bedroom, 2-bath gem offering 1,543 square feet of comfortable living space. With easy to maintain tile flooring and tons of natural light throughout, this home feels bright, open and welcoming from the moment you walk in. The spacious master suite features a relaxing soaker tub- your own private retreat after a busy day. Enjoy outdoor living with a screened in back patio and a fully fenced back yard- great for pets, kids, or weekend barbecues with friends. Located in a quiet, well-kept community that includes a fantastic park and playground, this home is perfect for anyone looking to put down roots in a neighborhood that feels like home.
List Price/SqFt: 174.98
Sold Price/SqFt: 174.98

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Aluminum Siding; Brick; Vinyl Siding Patio And Porch Features: Patio; Screened Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Park; Playground Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-05-28

Location Tax and Legal

Street Number: 8114
Street Name: BUCHANNAN
Street Suffix: Court
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 067-Collins Rd/Argyle/Oakleaf Plantation (Duval)
Subdivision Name: Highland Lakes

Status Change Information

Major Change Timestamp: 2025-07-18T20:49:01Z
Major Change Type: Status Change
Purchase Contract Date: 2025-05-31
Close Date: 2025-07-08
Close Price: 270000

DPR Eligible

DPR Eligible: No

More Information

Documents

Seller's Disclosure ›

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: October - 27 - 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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