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.

872 REFLECTION COVE Road E, Jacksonville, FL 32218 (MLS# 2075285)

872 REFLECTION COVE Road E, Jacksonville, FL 32218

$499,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,870 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $499,000 List Date: 3/20/2025 Last Modified: 10/27/2026

Overview

Description

Calling all jet-setters & adventure seekers! This move-in-ready 5-bed, 4-bath home in North Creek is just minutes from JAX Airport—perfect for frequent flyers! Fresh neutral paint, floor-to-ceiling tile in the spa-like master bath, and brand-new plush carpet upstairs & in the bonus room make this home feel like new. The kitchen stuns with an AMAZING walk-in pantry—storage dreams do come true! The 26' x 22' bonus/5th bedroom with a full bath is ideal for guests, a theater, or a home office. New vinyl windows in the screened lanai boost energy efficiency, saving you $$ on utilities. The fully fenced backyard backs to a private preserve, offering a fire pit, storage shed & total privacy—no nosy neighbors here! Best of all, no projects or updates needed—New Roof in 2023-just move in and enjoy! Plus, enjoy two community pools, RV/boat parking & more! With a flexible floor plan, high-end updates, and unbeatable privacy, this home is ready for takeoff—pack your bags!

Listing Details MLS# 2075285

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2870
Living Area Source: Public Records
Year Built: 2006
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 149.5
Association Fee Frequency: Quarterly
Association Name: North Creek HOA
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: 1-295 to Pulaski Rd exit #37. Keep right and merge onto Pulaski. Pulaski becomes Starratt Rd to left on Duval station Rd. Right on Bradley Cove to L on Summer Breeze Dr E to L on Reflection Cove E.
Public Remarks: Calling all jet-setters & adventure seekers! This move-in-ready 5-bed, 4-bath home in North Creek is just minutes from JAX Airport—perfect for frequent flyers! Fresh neutral paint, floor-to-ceiling tile in the spa-like master bath, and brand-new plush carpet upstairs & in the bonus room make this home feel like new. The kitchen stuns with an AMAZING walk-in pantry—storage dreams do come true! The 26' x 22' bonus/5th bedroom with a full bath is ideal for guests, a theater, or a home office. New vinyl windows in the screened lanai boost energy efficiency, saving you $$ on utilities. The fully fenced backyard backs to a private preserve, offering a fire pit, storage shed & total privacy—no nosy neighbors here! Best of all, no projects or updates needed—New Roof in 2023-just move in and enjoy! Plus, enjoy two community pools, RV/boat parking & more! With a flexible floor plan, high-end updates, and unbeatable privacy, this home is ready for takeoff—pack your bags!
List Price/SqFt: 173.87
Sold Price/SqFt: 173.87

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Range; Gas Water Heater Fireplace Features: Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Lower Level Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Other Structures: Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Management - On Site; Playground; RV/Boat Storage; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection