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.

9850 E TIMBERLAKE Drive, Jacksonville, FL 32257 (MLS# 2170202)

9850 E TIMBERLAKE Drive, Jacksonville, FL 32257

$299,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,688 Lot Size (sq. ft.): 7,405 Status: Pending

Current Price: $299,000 List Date: 10/21/2026 Last Modified: 10/23/2026

Overview

Description

A Great home For Young Family, Singles, Seniors and anyone wanting convenient area. 3 Bedrooms, 2 Full Bathrooms, Open style Kitchen to Family room. Large Living Room or Office in front with large window. Sit in family room and look out back watching kids or animals. Enjoy grilling out on the back patio with family and friends. Good schools in area, lots of shopping close, great restaurants and expressway close to go anywhere from 5 to 20 minutes! Don't wait this is priced to sell!

Listing Details MLS# 2170202

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1352
Living Area Source: Public Records
Building Area Total: 1688
Year Built: 1980
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.17
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: East
Directions: Fm I295 exit north on St Augustine Rd, Go about 6 miles on Right Turn onto Huntington Forest, Go to Second Timberlake E and turn left. House will be on the left
Public Remarks: A Great home For Young Family, Singles, Seniors and anyone wanting convenient area. 3 Bedrooms, 2 Full Bathrooms, Open style Kitchen to Family room. Large Living Room or Office in front with large window. Sit in family room and look out back watching kids or animals. Enjoy grilling out on the back patio with family and friends. Good schools in area, lots of shopping close, great restaurants and expressway close to go anywhere from 5 to 20 minutes! Don't wait this is priced to sell!
List Price/SqFt: 221.15

Property Features

Architectural Style: Flat Levels: One Appliances: Dishwasher; Electric Oven; Electric Water Heater; Microwave; Plumbed For Ice Maker Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; In Garage Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Connected; Water Available; Water Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Composition Siding; Frame Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; On Street Fencing: Back Yard; Fenced; Wood Current Use: Residential 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: 2026-10-21

Location Tax and Legal

Street Number: 9850
Street Direction Prefix: E
Street Name: TIMBERLAKE
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Huntington Forest

Status Change Information

Major Change Timestamp: 2026-10-23T19:36:56Z
Major Change Type: Status Change
Purchase Contract Date: 2026-10-23

Green Energy

Ownership: Seller Owned

More Information

DPR Eligible

DPR Eligible: No

Documents

SPD and Flood ›

Listing Office: WATSON REALTY CORP

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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