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.

819 PATRICIA Lane, Jacksonville Beach, FL 32250 (MLS# 1106316)

819 PATRICIA Lane, Jacksonville Beach, FL 32250

$380,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 960 Status: Closed

Current Price: $380,000 List Date: 4/23/2021 Last Modified: 2/08/2025

Overview

Description

Live at the beach - with a huge fenced yard! Walk or bike to the beach!! Solid construction in this concrete block home. Modern, move-in ready interior. Wood floors, updated kitchen, granite counters, and stainless appliances. Pavered back porch. Close to schools, nightlife, restaurants, and everything the beaches has to offer. The one-car attached garage can easily convert to 4th bdrm or master suite to make 1200 sqft total living space!

Listing Details MLS# 1106316

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 960
Living Area Source: Public Records
Year Built: 1954
Lot Size Dimensions: 75x100
Association YN: No
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: A1A (3rd st) to West on 11th Ave N, turn Right onto Patricia Ln. Home on Rt.
Public Remarks: Live at the beach - with a huge fenced yard! Walk or bike to the beach!! Solid construction in this concrete block home. Modern, move-in ready interior. Wood floors, updated kitchen, granite counters, and stainless appliances. Pavered back porch. Close to schools, nightlife, restaurants, and everything the beaches has to offer. The one-car attached garage can easily convert to 4th bdrm or master suite to make 1200 sqft total living space!
List Price/SqFt: 395.83
Sold Price/SqFt: 395.83

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar Flooring: Wood Cooling: Central Air Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Patio And Porch Features: Patio Pool Features: None Roof: Shingle Parking Features: Assigned; Attached; Garage Lot Features: Irregular Lot Fencing: Fenced; Wood Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-04-23

Location Tax and Legal

Street Number: 819
Street Name: PATRICIA
Street Suffix: Lane
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 213-Jacksonville Beach-NW
Subdivision Name: Beach Homesites

Status Change Information

Major Change Timestamp: 2021-06-03T17:47:58Z
Major Change Type: Status Change
Purchase Contract Date: 2021-04-27
Close Date: 2021-06-02
Close Price: 380000

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y

More Information

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: February - 08 - 2025

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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