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.

8633 EMERALD ISLE Circle S, Jacksonville, FL 32216 (MLS# 2167285)

8633 EMERALD ISLE Circle S, Jacksonville, FL 32216

$350,000

Virtual Tour

https://www.zillow.com/view-imx/b560b280-1696-41a9-8e03-6edc2edb4148?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,394 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $350,000 List Date: 10/20/2026 Last Modified: 10/28/2026

Overview

Description

**REMODELED**UPDATED FLOORING**CENTRAL LOCATION** Seize this is a rare opportunity to buy a very stable, INCOME PRODUCING Airbnb with a proven track record of SUCCESS; financial documents can be provided upon request! Located in a great central location close to St. Johns Town Center, Downtown Jacksonville, and San Marco, this charming and cozy 4 bed/3 bath retreat features tons of character, updated flooring, remodeled bathrooms, and kitchen appliances. Enjoy a SPLIT BEDROOM FLOOR PLAN where two bedrooms have an en-suite bathroom, creating two primary bedrooms. The kitchen boasts stainless steel appliances and tons of cabinetry, flowing into a spacious, light-filled living room and a large, versatile BONUS ROOM. Step outside to a LARGE SCREENED-IN DECK, an OUTDOOR FIREPIT, a FENCED BACKYARD, and a great outdoor STORAGE SHED that could be converted to increase your Airbnb income! Plus, furnishings can convey *with acceptable offer*. Don't miss this gem!

Listing Details MLS# 2167285

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1650
Living Area Source: Public Records
Building Area Total: 2394
Year Built: 1956
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.17
Lot Size Dimensions: 75 X 100
Association YN: No
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
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From I-295 or FL-115 (Southside Blvd), take the exit for Beach Blvd (US-90 W) and travel west. Turn left onto Killarney Drive, keep left as the road climbs the hill, and then take another left onto S Emerald Isle Circle; 8633 S Emerald Isle Circle will be on your right.
Public Remarks: **REMODELED**UPDATED FLOORING**CENTRAL LOCATION** Seize this is a rare opportunity to buy a very stable, INCOME PRODUCING Airbnb with a proven track record of SUCCESS; financial documents can be provided upon request! Located in a great central location close to St. Johns Town Center, Downtown Jacksonville, and San Marco, this charming and cozy 4 bed/3 bath retreat features tons of character, updated flooring, remodeled bathrooms, and kitchen appliances. Enjoy a SPLIT BEDROOM FLOOR PLAN where two bedrooms have an en-suite bathroom, creating two primary bedrooms. The kitchen boasts stainless steel appliances and tons of cabinetry, flowing into a spacious, light-filled living room and a large, versatile BONUS ROOM. Step outside to a LARGE SCREENED-IN DECK, an OUTDOOR FIREPIT, a FENCED BACKYARD, and a great outdoor STORAGE SHED that could be converted to increase your Airbnb income! Plus, furnishings can convey *with acceptable offer*. Don't miss this gem!
List Price/SqFt: 212.12

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Shower No Tub; Split Bedrooms Flooring: Vinyl; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Brick Other Structures: Shed(s) Exterior Features: Fire Pit; Other Patio And Porch Features: Covered; Deck; Front Porch; Glass Enclosed; Patio; Screened Roof: Shingle Parking Features: Additional Parking; Off Street Fencing: Back Yard; Fenced Current Use: Residential; Single Family Community Features: Curbs; Sidewalks; Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-01

Location Tax and Legal

Street Number: 8633
Street Name: EMERALD ISLE
Street Suffix: Circle
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Killarney Shores

Status Change Information

Major Change Timestamp: 2026-10-20T07:15:25Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Documents

Buyer Home Warranty ›

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: October - 28 - 2026

Information deemed reliable but not guaranteed.