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.

8467 SANTANA Court, Jacksonville, FL 32220 (MLS# 1183823)

8467 SANTANA Court, Jacksonville, FL 32220

$312,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,422 Status: Closed

Current Price: $312,000 List Date: 7/29/2022 Last Modified: 10/27/2026

Overview

Description

Welcome home to this 1.07 acre brick estate on water for fishin 'close to 295 and interstate 10 and also in Thomas Jefferson school district within walking distance to MBAA!! This home has been well cared for by the original owners. Home also features an above ground pool, fresh landscape and is ready for new owners.

Listing Details MLS# 1183823

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1422
Living Area Source: Public Records
Year Built: 1990
Association YN: Yes
Association Fee: 160
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: I-10W to exit 355 toward Marietta, turn left on Devoe, continue until you enter Marietta Forrest, make right onto Santana, house is on the LEFT
Public Remarks: Welcome home to this 1.07 acre brick estate on water for fishin 'close to 295 and interstate 10 and also in Thomas Jefferson school district within walking distance to MBAA!! This home has been well cared for by the original owners. Home also features an above ground pool, fresh landscape and is ready for new owners.
List Price/SqFt: 217.3
Sold Price/SqFt: 219.41

Property Features

Approx Parcel Size: 1.1 to 2.5 Acres Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: Above Ground Parking Features: Attached; Garage Lot Features: Wooded Waterfront Features: Creek Fencing: Back Yard Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-07-29

Location Tax and Legal

Street Number: 8467
Street Name: SANTANA
Street Suffix: Court
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St
Subdivision Name: Marietta Forrest

Status Change Information

Major Change Timestamp: 2022-09-16T16:13:05Z
Major Change Type: Status Change
Purchase Contract Date: 2022-08-05
Close Date: 2022-09-16
Close Price: 312000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: RADIANT REALTY

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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