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.

0 NELSON Drive, Orange Park, FL 32073 (MLS# 1126319)

0 NELSON Drive, Orange Park, FL 32073

$45,000

Property Type: Land Lot Size (sq. ft.): 40,946 Status: Closed

Current Price: $45,000 List Date: 8/17/2021 Last Modified: 10/15/2026

Overview

Description

Just shy of an acre, a portion of this lush lot is ready to be cleared. The seller has obtained permits from both FDEP and Army Corps, AND has completed civil engineering---all of which can be made available and passed along to the new owner. Wetland mitigation credits have been purchased as well. It is located at the corner of Nelson and Plainfield, a short distance from Rob Bradley Conversation Park. It offers all of the benefits of country living, while still being centered in the heart of OP.

Listing Details MLS# 1126319

General Property Information

Lot Size Acres: 0.94
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Directions: From I295, south on U.S. 17 (Park Ave), right on Kingsley Ave., left on Plainfield Ave. Property located on the corner of Plainfield and Nelson.
Public Remarks: Just shy of an acre, a portion of this lush lot is ready to be cleared. The seller has obtained permits from both FDEP and Army Corps, AND has completed civil engineering---all of which can be made available and passed along to the new owner. Wetland mitigation credits have been purchased as well. It is located at the corner of Nelson and Plainfield, a short distance from Rob Bradley Conversation Park. It offers all of the benefits of country living, while still being centered in the heart of OP.
List Price/Acre: 74361.7
Sold Price/Acre: 47872.34

Property Features

Current Use: Single Family Lot Features: Corner Lot; Wetlands; Wooded Road Surface Type: Asphalt Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2021-08-17

Location Tax and Legal

Street Name: NELSON
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 137-Doctor's Lake
Subdivision Name: Doctors Lake

Status Change Information

Major Change Timestamp: 2022-03-12T02:11:03Z
Major Change Type: Status Change
Purchase Contract Date: 2022-02-16
Close Date: 2022-03-11
Close Price: 45000

Historical Information

Public Historical Remarks 2: Lot Description-Fill Needed: Y

More Information

Listing Office: 904 REALTY LLC

Last Updated: October - 15 - 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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