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.

858 GRANVILLE Road, Jacksonville, FL 32205 (MLS# 2168880)

858 GRANVILLE Road, Jacksonville, FL 32205

$299,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,160 Lot Size (sq. ft.): 123,710 Status: Active

Current Price: $299,000 List Date: 10/12/2026 Last Modified: 10/27/2026

Overview

Description

House on 3 acr land , Full of fruit trees, in heart of Jacksonville.

Listing Details MLS# 2168880

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1160
Living Area Source: Owner
Year Built: 1970
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 2.84
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 6
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-10 East, take exit 357 (Lane Ave)., right on Lane Ave., right onto Grace Ln., right onto Granville Rd. The home will be on the left.
Public Remarks: House on 3 acr land , Full of fruit trees, in heart of Jacksonville.
List Price/SqFt: 257.76

Property Features

Levels: One Appliances: Refrigerator Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Sewer Available; Sewer Connected; Water Available Cooling: Central Air; Electric Heating: Central; Heat Pump Water Source: Public Parking Features: Carport Current Use: Agricultural; Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Owner May Carry; Private Financing Available

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-12

Location Tax and Legal

Street Number: 858
Street Name: GRANVILLE
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32205
MLS Area Major: 053-Hyde Grove Area
Subdivision Name: Normandy Village

Status Change Information

Major Change Timestamp: 2026-10-12T18:49:46Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: SAVVY AVENUE, LLC.

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.