Jacksonville home prices are forecasted to be stable . The number of homes on the market increased as well as the number of new homes built. Every major price index points to a housing market that has hit bottom and is moving in a positive direction. After thirty months of declining values, home prices appear to be stable or appreciating in nearly every US market. In August of 2010, the National median home price was $182,600, amounting to an 11 percent increase over the low that was reached in February of 2010 at $164,000. In Duval County, median home prices were $148,400 for the first quarter 20111. Staying on the fence and waiting for prices to drop further is OVER!