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.

8341 COLVILLE Street, Jacksonville, FL 32220 (MLS# 2167912)

8341 COLVILLE Street, Jacksonville, FL 32220

New Listing

$249,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,254 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $249,900 List Date: 11/12/2026 Last Modified: 11/14/2026

Overview

Description

Beautifully updated and move-in ready! This home features a brand-new A/C system, new plumbing, new flooring, a newly added bathroom, and a completely remodeled existing bathroom. The updated kitchen includes a refrigerator, oven, microwave, and dishwasher. Fresh finishes throughout give the home a clean, modern feel. Conveniently located with easy access to shopping, dining, schools, and major roadways. Schedule your showing today!

Listing Details MLS# 2167912

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1254
Living Area Source: Public Records
Year Built: 1965
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.16
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: From I-295, take the Normandy Blvd exit and head west. Turn onto Fouraker Rd, then turn onto Colville St. Property will be on your right.
Public Remarks: Beautifully updated and move-in ready! This home features a brand-new A/C system, new plumbing, new flooring, a newly added bathroom, and a completely remodeled existing bathroom. The updated kitchen includes a refrigerator, oven, microwave, and dishwasher. Fresh finishes throughout give the home a clean, modern feel. Conveniently located with easy access to shopping, dining, schools, and major roadways. Schedule your showing today!
List Price/SqFt: 199.28

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Convection Oven; Ice Maker; Microwave; Refrigerator Flooring: Laminate Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Not Available; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air Heating: Central; Electric Electric: 200+ Amp Service Water Source: Well Sewer: Septic Tank Construction Materials: Block Roof: Shingle Parking Features: Detached; Garage; Off Street Fencing: Chain Link Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt 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: 2026-10-05

Location Tax and Legal

Street Number: 8341
Street Name: COLVILLE
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Marietta

Status Change Information

Major Change Timestamp: 2026-11-12T19:34:46Z
Major Change Type: Back on Market

DPR Eligible

DPR Eligible: No

More Information

Documents

Flood Disclosure ›

Multiple Disclosure Addendum ›

Seller's Property Disclosure ›

Listing Office: EAGLES WORLD REALTY, INC

Last Updated: November - 14 - 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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