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.

1001 ORANGEWOOD Road, St. Johns, FL 32259 (MLS# 1053470)

1001 ORANGEWOOD Road, St. Johns, FL 32259

$235,000

Virtual Tour

https://my.matterport.com/show/?m=CiyjC4mrhEC

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,420 Status: Closed

Current Price: $235,000 List Date: 5/15/2020 Last Modified: 2/07/2026

Overview

Description

MULTIPLE OFFERS! HIGHEST AND BEST DUE SUNDAY MAY 17 AT 5PM. St Johns county NO CDD FEES NO ASSOCIATION FEES! 3 Bedroom 2 bathroom PLUS an office. Very well maintained home in desirable Fruit Cove / St. Johns County with excellent rated schools! Home sits on a 100 x 100 lot & boasts a large family room for entertaining, large kitchen with table space featuring smooth top range & plenty of cabinet storage, french glass door entry to office, split bedroom plan, covered lanai and extended patio for extra grilling and seating space, a circular driveway for additional parking, & close to shopping, restaurants, & entertainment.

Listing Details MLS# 1053470

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1420
Living Area Source: Public Records
Year Built: 2001
Lot Size Dimensions: 100 x 100
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From Racetrack Rd turn Left on SR 13, Right on Lemonwood, Left on Satsuma, Right on Orangewood.
Public Remarks: MULTIPLE OFFERS! HIGHEST AND BEST DUE SUNDAY MAY 17 AT 5PM. St Johns county NO CDD FEES NO ASSOCIATION FEES! 3 Bedroom 2 bathroom PLUS an office. Very well maintained home in desirable Fruit Cove / St. Johns County with excellent rated schools! Home sits on a 100 x 100 lot & boasts a large family room for entertaining, large kitchen with table space featuring smooth top range & plenty of cabinet storage, french glass door entry to office, split bedroom plan, covered lanai and extended patio for extra grilling and seating space, a circular driveway for additional parking, & close to shopping, restaurants, & entertainment.
List Price/SqFt: 165.49
Sold Price/SqFt: 165.49

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Entrance Foyer; Primary Bathroom - Tub with Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Laminate; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Well Sewer: Septic Tank Patio And Porch Features: Patio Pool Features: None Roof: Shingle Parking Features: Additional Parking; Circular Driveway; Garage Door Opener Lot Features: Wooded Fencing: Fenced; Wood Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-05-14

Location Tax and Legal

Street Number: 1001
Street Name: ORANGEWOOD
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mandarin Meadows Sq

Status Change Information

Major Change Timestamp: 2023-11-14T10:16:27Z
Major Change Type: Price Change
Price Change Timestamp: 2020-05-18T19:32:09Z
Purchase Contract Date: 2020-06-08
Close Date: 2020-06-29
Close Price: 235000

Historical Information

Public Historical Remarks 2: Dining-Living/Dining Combo: Y, Interior Amenities-French Door(s): Y, Fenced Partial: Y

More Information

Room Information

Room Name
Office

Listing Office: RE/MAX CONNECTS

Last Updated: February - 07 - 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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