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.

1129 DORWINION, Jacksonville, FL (MLS# 782987)

1129 DORWINION, Jacksonville, FL

$165,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,425 Status: Closed

Current Price: $165,000 List Date: 7/17/2015 Last Modified: 10/23/2026

Overview

Description

Comfortable home in established neighborhood. Oversized wooded corner lot, private fenced rear yard. Newer roof. 3 full bedrooms plus nice sized dining room/bonus room. 2 car garage. See it today.

Listing Details MLS# 782987

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1425
Living Area Source: Public Records
Year Built: 1992
Homestead YN: Yes
Association YN: Yes
Association Fee: 135
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Atlantic Blvd to Girvin Rd, go North, to Ashley Melisse, go left. First right turn into Arkenstone. Next left onto Long Lake. Continue on Long Lake to Dorwinion, turning left. Home on right.
Public Remarks: Comfortable home in established neighborhood. Oversized wooded corner lot, private fenced rear yard. Newer roof. 3 full bedrooms plus nice sized dining room/bonus room. 2 car garage. See it today.
List Price/SqFt: 118.95
Sold Price/SqFt: 115.79

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Split Bedrooms Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Wood Siding Pool Features: None Roof: Shingle Lot Features: Wooded Fencing: Back Yard Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-07-17

Location Tax and Legal

Street Number: 1129
Street Name: DORWINION
County: Duval
State: FL
MLS Area Major: 043-Intracoastal West-North Of Atlantic Blvd
Subdivision Name: Sterling Ridge

Status Change Information

Major Change Timestamp: 2023-11-17T18:07:17Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-08-26T12:27:46Z
Purchase Contract Date: 2015-10-12
Close Date: 2015-10-16
Close Price: 165000

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Back-Ups Accepted, Call Listing Agent, Occupied - Lockbox

More Information

Listing Office: INI REALTY

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.