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.

935 COLLINSWOOD Drive, Jacksonville, FL 32225 (MLS# 672016)

935 COLLINSWOOD Drive, Jacksonville, FL 32225

$170,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,730 Status: Closed

Current Price: $170,000 List Date: 6/27/2013 Last Modified: 10/23/2026

Overview

Description

You must see this 3 bedroom 2 bath home located in ''Collinswood.'' This home has many appealing features including an open floor plan, 10 foot ceilings, wood burning fireplace, gourmet kitchen island, spacious master suite and pond views! This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Listing Details MLS# 672016

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1730
Living Area Source: Public Records
Year Built: 2004
Association YN: Yes
Association Fee: 400
Association Fee Frequency: Annually
Association Name: Kingdom Management
Association Phone: 904-646-2626
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Atlantic Blvd head south on Kernan Blvd, turn right onto Ashley Melisse Blvd, take 2nd right onto Collinswood Dr and home will be on your left.
Public Remarks: You must see this 3 bedroom 2 bath home located in ''Collinswood.'' This home has many appealing features including an open floor plan, 10 foot ceilings, wood burning fireplace, gourmet kitchen island, spacious master suite and pond views! This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.
List Price/SqFt: 98.21
Sold Price/SqFt: 98.27

Property Features

Approx Parcel Size: Less than .25 Acre Interior Features: Breakfast Bar; Primary Bathroom -Tub with Separate Shower Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Pool Features: None Parking Features: Attached; Garage Waterfront Features: Pond Current Use: Residential Possession: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2013-06-26

Location Tax and Legal

Street Number: 935
Street Name: COLLINSWOOD
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32225
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Collinswood

Status Change Information

Major Change Timestamp: 2023-11-14T19:13:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2013-08-07T11:58:02Z
Purchase Contract Date: 2013-08-23
Close Date: 2013-09-26
Close Price: 170000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, See ShowingAssist

Documents

Online Offer Instructions ›

HomePath Mortgage Info ›

Owner Occupant Certification ›

Buyer Disclosure ›

FNMA RE Purchase Addendum ›

HomePath Mortgage Facts ›

HomePath Renovation Mortgage Info ›

HomePath Renovation Mortgage Facts ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 23 - 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.

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