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.

Tbd Farber Avenue SW, Palm Bay, FL 32908 (MLS# 1092296)

Tbd Farber Avenue SW, Palm Bay, FL 32908

New Listing

$284,900

Model home - actual lot & features may vary

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,669 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $284,900 List Date: 11/14/2026 Last Modified: 11/14/2026

Overview

Description

Pre-Construction. To Be Built. Enjoy the coastal character and modern conveniences of The Poinsettia, situated in the heart of Palm Bay. Known for its year-round sunshine, scenic parks, and picturesque Indian River, Palm Bay combines a laid-back coastal atmosphere with plenty of opportunities for outdoor recreation. This thoughtfully designed 3-bedroom home features an inviting open layout, beginning with a welcoming foyer that leads into the main living areas. Two secondary bedrooms are positioned at the front of the home, while the privately situated owner's suite occupies the rear, complete with a spacious walk-in closet and an ensuite bathroom with a double vanity. The open kitchen connects effortlessly with the dining nook and Great Room, creating a spacious, cohesive living area complemented by quartz countertops, stainless steel appliances, and a stainless steel sink.

Supplements: From the Great Room, step outside to the extended patio, adding valuable outdoor living space for relaxation and entertaining. Continuous 20x20 ceramic tile flooring extends throughout the home, with carpet in the bedrooms for added comfort. Additional features include Keyless Door Entry, a Honeywell Thermostat, Deako Switches, landscaping, hurrica ... (Read more)

Listing Details MLS# 1092296

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1273
Living Area Source: Appraiser
Building Area Total: 1669
Year Built: 2027
Lot Size Acres: 0.24
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2027-07-05
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Direction Faces: West
List Price/SqFt: 223.8
Lot Size Square Feet: 10454.4
Community Fee(s) YN: No

Property Features

Architectural Style: Ranch Levels: One Property Condition: To Be Built Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Plumbed For Ice Maker Interior Features: Eat-in Kitchen; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Well Sewer: Aerobic Septic Smart Home Features: Programmable Thermostat; Smoke Detector Security Features: Smoke Detector(s) Construction Materials: Block; Stucco Exterior Features: Storm Shutters Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-11-14
Comp Sale YN: No

Location Tax and Legal

Street Number: Tbd
Street Name: Farber
Street Suffix: Avenue
Street Direction Suffix: SW
County: Brevard
State: FL
Postal Code: 32908
MLS Area Major: 345 - SW Palm Bay
Subdivision Name: Port Malabar Unit 30

Status Change Information

Major Change Timestamp: 2026-11-14T22:06:03Z
Major Change Type: New Listing

Smart Home Features

Other: Keyless entry, Deako Switches

More Information

Room Types

Bedroom 2 Level: First
Bedroom 3 Level: First
Dining Room Level: First
Great Room Level: First
Kitchen Level: First
Laundry Level: First
Primary Bedroom Level: First
Other Room Level: First

Location, Tax, and Legal

Tax Account: 2913777
General County Location: South

Legal Details

Permission Granted to Advertise: Yes

Special Listing Conditions

Standard: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Primary Bedroom	First	12.00	16.00	Walk-in closet, Carpet flooring, ensuite w/walk-in shower, quartz countertops, dual vanities, ceramic tile flooring
Bedroom 2	First	10.00	10.00	Built-in closet, carpet flooring
Bedroom 3	First	11.00	10.00	Walk-in closet, carpet flooring
Kitchen	First	9.00	11.00	Quartz countertops, pantry, ceramic tile flooring
Dining Room	First	8.00	10.00	Open concept, access to extended patio, ceramic tile flooring
Great Room	First	12.00	19.00	Open concept, access to extended patio, ceramic tile flooring
Laundry	First	8.00	4.00	Ceramic tile flooring
Other	First	20.00	10.00	Patio: Just off the Great Room, concrete flooring

Listing Office: New Home Star Florida LLC

Last Updated: November - 14 - 2026

Information deemed reliable but not guaranteed.