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.

8550 TOUCHTON Road 1812, Jacksonville, FL 32216 (MLS# 2161707)

8550 TOUCHTON Road 1812, Jacksonville, FL 32216

$1,545

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,059 Status: Closed

Current Price: $1,545 List Date: 8/25/2026 Last Modified: 10/26/2026

Overview

Description

A condo with a view! You will enjoy your morning coffee on your screened lanai overlooking beautiful trees and green space. This condo is located on the first floor with 2 en suites and walk in closets. The kitchen over looks the living room and out to the screened lanai. This neighborhood has 2 swimming pools, tennis courts, gym, and club house. Located off Southside Blvd, close to restaurants, the town center and 15 drive to the beach. Application fee $75 per person 18 & older. Processing fee $125. Application Instructions and Sample Lease will be provided by showing agent. HOA tenant fee at time of move-in.

Listing Details MLS# 2161707

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Unit Type: End Unit
Living Area: 1059
Living Area Source: Appraiser
Year Built: 2005
Association YN: Yes
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 3
Stories Total: 3
Entry Level: Yes
Senior Community YN: No
Directions: From Southside Blvd: Turn RT onto Touchton Rd. At the traffic circle, take the 2nd exit to Montreux.
Public Remarks: A condo with a view! You will enjoy your morning coffee on your screened lanai overlooking beautiful trees and green space. This condo is located on the first floor with 2 en suites and walk in closets. The kitchen over looks the living room and out to the screened lanai. This neighborhood has 2 swimming pools, tennis courts, gym, and club house. Located off Southside Blvd, close to restaurants, the town center and 15 drive to the beach. Application fee $75 per person 18 & older. Processing fee $125. Application Instructions and Sample Lease will be provided by showing agent. HOA tenant fee at time of move-in.
List Price/SqFt: 1.46
Sold Price/SqFt: 1.46

Property Features

Additional Lease Terms: 12 Months Owner Pays: None Levels: One Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Interior Features: Breakfast Bar; Built-in Features; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Laundry Features: In Unit Patio And Porch Features: Patio; Screened Association Amenities: Clubhouse; Community Pool; Fitness Center; Tennis Court(s); Trash Water Source: Public Parking Features: Unassigned Sewer: Public Sewer Security Features: Security Gate View: Trees/Woods Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Other Rent Includes: None Tenant Pays: All Utilities Pets Allowed: Yes; Breed Restrictions; Size Limit; Number Limit

Contract Information

Rental Service: Other
Rental Application URL: FloridaNetworkPM.com
Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-08-25
Lease Term: 12 Months
Availability Date: 2026-10-09

Location Tax and Legal

Street Number: 8550
Street Name: TOUCHTON
Street Suffix: Road
State: FL
County: Duval
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Montreux

Status Change Information

Major Change Timestamp: 2026-10-26T14:43:04Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-30T18:01:08Z
Purchase Contract Date: 2026-10-13
Close Date: 2026-10-23
Close Price: 1545

Deposits and Fees

Additional Fee: 125
Application Fee: 75
Pet Fee/Deposit: 600
Security Deposit: 1695

More Information

Pets Allowed

Maximum Weight Allowed: 40

Documents

Rental Process & Application ›

Sample Lease ›

Listing Office: FLORIDA NETWORK PROPERTY MANAGEMENT

Last Updated: October - 26 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare