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.

836 MANDALAY Road, Jacksonville, FL 32216 (MLS# 2166720)

836 MANDALAY Road, Jacksonville, FL 32216

$600,000

06A68D60-B816-488E-BF1C-7DD457CE780F (1)

f586a17b-2958-45a7-8419-4a3ea2b9f476 (1)

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,538 Lot Size (sq. ft.): 42,253 Status: Pending

Current Price: $600,000 List Date: 9/27/2026 Last Modified: 11/04/2026

Overview

Description

Beautifully updated and remodeled home situated on nearly 1 acre in the desirable Grove Park area. This spacious single-story residence offers an inviting blend of modern finishes, classic character, and comfortable living spaces throughout. The home features a beautifully refreshed interior, generous room sizes, and a functional layout ideal for both everyday living and entertaining. Enjoy the privacy of the tree-lined setting, circular driveway, side-entry garage, and expansive outdoor space with front and rear porch areas. With approximately 3,538 sq. ft. of total building area, this property offers exceptional space, privacy, and convenience in a central Jacksonville location. Move-in ready and beautifully remodeled—schedule your private showing today!

Supplements: Thoughtfully remodeled and move-in ready, this spacious single-story home offers an exceptional combination of privacy, comfort, and modern updates on nearly one acre. The property features generous living areas, refreshed finishes throughout, a private tree-lined setting, circular driveway, side-entry garage, and multiple outdoor spaces ideal for ... (Read more)

Listing Details MLS# 2166720

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 3538
Living Area Source: Appraiser
Building Area Total: 3538
Year Built: 1985
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.97
Lot Size Dimensions: 150 × 235
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
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: Take Beach Blvd to Grove Park. Turn right onto Holiday Rd S, left onto Lido Rd, then right. Take the next left onto Tonga Dr and continue to Mandalay Rd. The hidden driveway for 836 Mandalay Rd will be on the left.
Public Remarks: Beautifully updated and remodeled home situated on nearly 1 acre in the desirable Grove Park area. This spacious single-story residence offers an inviting blend of modern finishes, classic character, and comfortable living spaces throughout. The home features a beautifully refreshed interior, generous room sizes, and a functional layout ideal for both everyday living and entertaining. Enjoy the privacy of the tree-lined setting, circular driveway, side-entry garage, and expansive outdoor space with front and rear porch areas. With approximately 3,538 sq. ft. of total building area, this property offers exceptional space, privacy, and convenience in a central Jacksonville location. Move-in ready and beautifully remodeled—schedule your private showing today!
List Price/SqFt: 169.59

Property Features

Architectural Style: Ranch; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Microwave; Refrigerator Laundry Features: In Unit Utilities: Cable Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Security Features: Other Construction Materials: Brick Veneer; Frame Roof: Shingle Parking Features: Garage View: Other Current Use: Single Family 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: 2026-09-26

Location Tax and Legal

Street Number: 836
Street Name: MANDALAY
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Grove Park

Status Change Information

Major Change Timestamp: 2026-11-04T03:38:41Z
Major Change Type: Status Change
Price Change Timestamp: 2026-11-02T16:19:45Z
Purchase Contract Date: 2026-11-03

Green Energy

Ownership: Seller Owned

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: November - 04 - 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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