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 212, Jacksonville, FL 32216 (MLS# 2127458)

8550 TOUCHTON Road 212, Jacksonville, FL 32216

$145,000

Virtually staged possibilities in the Living Room

Resort-style Community pool is being resurfaced - will be ready for Spring!

Beautiful clubhouse at Montreux at Deerwood Lake

Neutral paint, remodeled kitchen, and architectural interest welcome you home!

Open kitchen overlooking the living room

Living Room - ready for your personal touches!

Plenty of sunlight through the French door style sliding doors

Beautiful crown moulding adds an elegant touch

Virtually staged possibilities in the primary bedroom

Dual primary bedrooms provide ample space

Exterior of building. Unit is located on the first floor.

Conference room located in the clubhouse

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,059 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $145,000 List Date: 1/29/2026 Last Modified: 10/26/2026

Overview

Description

First-floor 2BR/2BA condo in gated Montreux at Deerwood Lake with a rare one-car garage in the same building. This is the lowest-priced unit with a garage currently available! Designed for easy, low-maintenance living with no stairs, this layout is ideal for a Homeowner seeking convenience and long-term practicality. Cook like a chef in the remodeled kitchen featuring neutral modern backsplash and wood cabinets. Unique arch niches add a pleasant design feature, and a built in desk ensures you have a dedicated space to work. Dual master bedrooms feature large walk-in closets, and the abundant windows and French door style sliders allow in all the sunshine. Enjoy resort-style amenities including pool & spa, dry sauna, fitness center, movie theater, indoor basketball court, tennis and volleyball courts, billiards, and conference center. Located just 2 miles from St. Johns Town Center, 20 minutes to Jacksonville Beach, and close to highways, restaurants, and grocery stores.

Listing Details MLS# 2127458

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1059
Living Area Source: Appraiser
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 586.89
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 3
Entry Level: Yes
Senior Community YN: No
Directions: From I-95 in Jacksonville, take Exit 344 for FL-202 E (J Turner Butler Blvd). Merge onto FL-202 E, take the exit toward US-1/Southside Blvd, merge onto Belfort Pkwy, and turn right onto Southside Blvd. Turn right onto Touchton Rd to reach 8550 Touchton Rd #212, located near Southside Blvd.
Public Remarks: First-floor 2BR/2BA condo in gated Montreux at Deerwood Lake with a rare one-car garage in the same building. This is the lowest-priced unit with a garage currently available! Designed for easy, low-maintenance living with no stairs, this layout is ideal for a Homeowner seeking convenience and long-term practicality. Cook like a chef in the remodeled kitchen featuring neutral modern backsplash and wood cabinets. Unique arch niches add a pleasant design feature, and a built in desk ensures you have a dedicated space to work. Dual master bedrooms feature large walk-in closets, and the abundant windows and French door style sliders allow in all the sunshine. Enjoy resort-style amenities including pool & spa, dry sauna, fitness center, movie theater, indoor basketball court, tennis and volleyball courts, billiards, and conference center. Located just 2 miles from St. Johns Town Center, 20 minutes to Jacksonville Beach, and close to highways, restaurants, and grocery stores.
List Price/SqFt: 141.64
Sold Price/SqFt: 136.92

Property Features

Levels: Three Or More Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Built-in Features; Ceiling Fan(s); Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Security Features: Secured Lobby; Security Gate; Smoke Detector(s) Patio And Porch Features: Covered; Rear Porch; Screened Parking Features: Garage; Garage Door Opener; Guest; Parking Lot Current Use: Multi-Family; Residential Association Amenities: Barbecue; Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Playground; Sauna; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Maintenance Grounds Community Features: Gated; Sidewalks Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional