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.

8147 CAYUGA Trail E, Jacksonville, FL 32244 (MLS# 2074561)

8147 CAYUGA Trail E, Jacksonville, FL 32244

$279,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,625 Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $279,900 List Date: 3/19/2025 Last Modified: 10/27/2026

Overview

Description

New Price Alert! Don't miss this incredible opportunity to view this charming 3-bedroom, 2-bathroom home nestled on a spacious ½-acre lot. Perfect for families, it offers a large backyard ideal for play, entertaining, or relaxing. Inside, you'll find an abundance of natural light and generous living spaces. Recent updates include new blinds, new bead board in the laundry room, fresh baseboards, and stylish ice paneling around the kitchen lighting. The home also features new hardware throughout, updated light fixtures, freshly painted interiors and exterior, and brand-new doors. The primary suite features a private ensuite bath, while two additional bedrooms offer flexibility for use as bedrooms, a home office, or hobby rooms. Step outside to your expansive backyard—perfect for a future pool, playground, or cozy fire pit area. There's also extra space for RV or boat parking!

Supplements: Located just minutes from I-295, you'll enjoy easy access to shopping, dining, and NAS Jacksonville. With no HOA, endless potential, and quiet charm, this home this home is move-in ready. Schedule your tour today!

Listing Details MLS# 2074561

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1625
Living Area Source: Public Records
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.5
Association YN: No
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: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: I-295 to Collins Rd. Left on Westport Rd. Right on Cayuga Trl E. House on right.
Public Remarks: New Price Alert! Don't miss this incredible opportunity to view this charming 3-bedroom, 2-bathroom home nestled on a spacious ½-acre lot. Perfect for families, it offers a large backyard ideal for play, entertaining, or relaxing. Inside, you'll find an abundance of natural light and generous living spaces. Recent updates include new blinds, new bead board in the laundry room, fresh baseboards, and stylish ice paneling around the kitchen lighting. The home also features new hardware throughout, updated light fixtures, freshly painted interiors and exterior, and brand-new doors. The primary suite features a private ensuite bath, while two additional bedrooms offer flexibility for use as bedrooms, a home office, or hobby rooms. Step outside to your expansive backyard—perfect for a future pool, playground, or cozy fire pit area. There's also extra space for RV or boat parking!
List Price/SqFt: 193.85
Sold Price/SqFt: 172.25

Property Features

Architectural Style: Contemporary Levels: One Appliances: Electric Oven; Electric Range; Refrigerator Interior Features: Breakfast Nook; Eat-in Kitchen; Skylight(s) Flooring: Carpet; Tile; Vinyl Laundry Features: Electric Dryer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Patio Roof: Shingle Parking Features: Additional Parking; Garage Lot Features: Irregular Lot Fencing: Back Yard Current Use: Residential Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-03-05

Location Tax and Legal

Street Number: 8147
Street Name: CAYUGA
Street Suffix: Trail
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 067-Collins Rd/Argyle/Oakleaf Plantation (Duval)
Subdivision Name: Indian Trails

Status Change Information

Major Change Timestamp: 2025-07-17T21:47:26Z
Major Change Type: Status Change
Price Change Timestamp: 2025-05-22T18:03:15Z
Purchase Contract Date: 2025-05-31
Close Date: 2025-06-27
Close Price: 279900

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: WATSON REALTY CORP

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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