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 PATOU Drive S, Jacksonville, FL 32210 (MLS# 2168115)

8114 PATOU Drive S, Jacksonville, FL 32210

$1,850

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,664 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $1,850 List Date: 10/06/2026 Last Modified: 10/24/2026

Overview

Description

Fall in love with this beautifully renovated 3-bedroom, 2-bath home offering modern finishes, generous living space, and an oversized lot perfect for enjoying the outdoors. Inside, you'll find a bright open-concept layout featuring luxury vinyl plank flooring throughout, a stunning kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, a large center island, and recessed lighting. The spacious primary suite includes a beautifully updated ensuite bath with a dual vanity and oversized walk-in shower, while both guest bedrooms offer flexibility for family, guests, or a home office. Step outside to enjoy the expansive backyard complete with a detached workshop/storage building, patio, and fire pit area, ideal for relaxing or entertaining. Conveniently located near shopping, dining, NAS Jacksonville, downtown Jacksonville, and major highways. This move-in-ready home combines comfort, style, and space in one exceptional rental opportunity.

Listing Details MLS# 2168115

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1664
Living Area Source: Measured
Year Built: 1959
Lot Size Acres: 0.21
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From Herlong Road to Fouraker head south to Patou -make a right home will be on left
Public Remarks: Fall in love with this beautifully renovated 3-bedroom, 2-bath home offering modern finishes, generous living space, and an oversized lot perfect for enjoying the outdoors. Inside, you'll find a bright open-concept layout featuring luxury vinyl plank flooring throughout, a stunning kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, a large center island, and recessed lighting. The spacious primary suite includes a beautifully updated ensuite bath with a dual vanity and oversized walk-in shower, while both guest bedrooms offer flexibility for family, guests, or a home office. Step outside to enjoy the expansive backyard complete with a detached workshop/storage building, patio, and fire pit area, ideal for relaxing or entertaining. Conveniently located near shopping, dining, NAS Jacksonville, downtown Jacksonville, and major highways. This move-in-ready home combines comfort, style, and space in one exceptional rental opportunity.
List Price/SqFt: 1.11
Sold Price/SqFt: 1.11

Property Features

Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer Interior Features: His and Hers Closets; Kitchen Island; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Water Source: Private Parking Features: Additional Parking Sewer: Public Sewer Fencing: Back Yard; Chain Link Utilities: Cable Available; Electricity Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Attorney Fee Tenant Pays: All Utilities Pets Allowed: Yes; Cats OK; Dogs OK; Number Limit

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-06
Lease Term: 12 Months
Availability Date: 2026-10-23

Location Tax and Legal

Street Number: 8114
Street Name: PATOU
Street Suffix: Drive
Street Direction Suffix: S
State: FL
County: Duval
Postal Code: 32210
MLS Area Major: 061-Herlong/Normandy Area
Subdivision Name: Normandy Village

Status Change Information

Major Change Timestamp: 2026-10-24T11:57:52Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-19
Close Date: 2026-10-23
Close Price: 1850

Deposits and Fees

Application Fee: 75
Pet Fee/Deposit: 300
Security Deposit: 1850

More Information

Documents

Residential Selection Criteria ›

Getting Your Applicant Approved ›

Sample Lease ›

Listing Office: NAVY TO NAVY HOMES LLC

Last Updated: October - 24 - 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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