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.

8539 W GATE Parkway W 1526, Jacksonville, FL 32216 (MLS# 2170830)

8539 W GATE Parkway W 1526, Jacksonville, FL 32216

$1,325

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Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 700 Lot Size (sq. ft.): 436 Status: Active

Current Price: $1,325 List Date: 10/25/2026 Last Modified: 11/01/2026

Overview

Description

Open floor plan with a peaceful wooded preserve & lake view. a large kitchen with granite countertops, stainless steel appliances, new dishwasher, lots of cabinet space for storage. New washer/dryer, new paint, new microwave, new water heater, new toilet. All wood & tile flooring (no carpet). Relax on your private screened patio. Large walk-in closet in primary bedroom. Storage room on patio. Walking paths, pool, beautiful clubhouse & BBQ's, exercise equipment. 2nd floor entrance. Gated property close to the Town Center, Ascensions St. Vincent's, Memorial hospital, Butler 202 to the beach or I-95 to downtown. Move in by November 30th and get a $300 discount on first months rent. No pets, no smoking. Vacant and easy to show, available now. Partially furnished.

Supplements: Application is available via email or take a copy from the desk.

Listing Details MLS# 2170830

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Unit Type: Exterior Unit
Living Area: 643
Living Area Source: Appraiser
Building Area Total: 700
Year Built: 2007
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 382
Association Fee Frequency: Monthly
Association Name: Villa Medici
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: Yes
Waterfront YN: No
Furnished: Partially
Stories: 2
Stories Total: 3
Entry Level: 2
Senior Community YN: No
Direction Faces: South
Directions: Southside Blvd North to Gate Pkwy West , turn left. Take 2nd right into the Villa Medici and drive to right gate entrance. Gate allows one car at a time! Drive right all the way to the back - bldg. 15. 2nd floor.
Public Remarks: Open floor plan with a peaceful wooded preserve & lake view. a large kitchen with granite countertops, stainless steel appliances, new dishwasher, lots of cabinet space for storage. New washer/dryer, new paint, new microwave, new water heater, new toilet. All wood & tile flooring (no carpet). Relax on your private screened patio. Large walk-in closet in primary bedroom. Storage room on patio. Walking paths, pool, beautiful clubhouse & BBQ's, exercise equipment. 2nd floor entrance. Gated property close to the Town Center, Ascensions St. Vincent's, Memorial hospital, Butler 202 to the beach or I-95 to downtown. Move in by November 30th and get a $300 discount on first months rent. No pets, no smoking. Vacant and easy to show, available now. Partially furnished.
List Price/SqFt: 2.06

Property Features

Additional Lease Terms: 7 Months; 12 Months Owner Pays: Association Fees; Insurance; Roof Maintenance; Taxes Architectural Style: Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Washer; ENERGY STAR Qualified Water Heater; Freezer; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Laundry Features: In Unit Exterior Features: Balcony Patio And Porch Features: Covered; Patio; Screened Pool Features: In Ground; Fenced Association Amenities: Barbecue; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Management - Full Time; Management - On Site; Security; Trash Association Fee Includes: Maintenance Grounds; Trash Community Features: Gated; Sidewalks; Street Lights Water Source: Public Parking Features: Additional Parking; Gated; Parking Lot; Unassigned Sewer: Public Sewer Security Features: Fire Alarm; Fire Sprinkler System; Key Card Entry; Secured Lobby; Security Fence; Security Gate; Security Lights; Smoke Detector(s) View: Lake; Protected Preserve; Trees/Woods Waterfront Features: Pond Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 200+ Amp Service Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Lease Prep; Office Fee Rent Includes: Sewer Tenant Pays: Cable TV; Electricity; Hot Water; Sewer; Telephone; Water Pets Allowed: No

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-10-25
Lease Term: 7 Months
Availability Date: 2026-10-25

Location Tax and Legal

Street Number: 8539
Street Direction Prefix: W
Street Name: GATE
Street Suffix: Parkway
Street Direction Suffix: W
State: FL
County: Duval
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Villa Medici

Status Change Information

Major Change Timestamp: 2026-11-01T16:24:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-01T16:24:43Z

Accessory Dwelling Information

Dwelling Type: Apartment
ADU Attached Y/N: No
Bathrooms: Yes

More Information

Deposits and Fees

Application Fee: 45
Association Application Fee: 50
Security Deposit: 1350
Terms of Payment: Zelle, cash or money order.

Listing Office: WEICHERT REALTORS COASTAL CITY

Last Updated: November - 01 - 2026

Information deemed reliable but not guaranteed.