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.

122 VENUS Lane, Orange Park, FL 32073 (MLS# 2086644)

122 VENUS Lane, Orange Park, FL 32073

$165,000

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,008 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $165,000 List Date: 5/16/2025 Last Modified: 1/20/2026

Overview

Description

Home can be viewed from 11-3 on Saturday, 5/17/2025. Please submit the best and final offer within 48 hours of acceptance by noon on Sunday, 5/18/2025. This charming 3-bedroom, 2-bathroom block home, built in 1968, offers great potential in an established neighborhood. With a solid foundation, this property is ready for your personal touch. The home features a large living area, a kitchen waiting for your updates, and three comfortable bedrooms. Enjoy the outdoors in the screened-in porch, perfect for relaxing year-round. The carport provides convenient parking and extra storage space. Located in a quiet, well-established neighborhood, you'll be close to schools, shopping, and dining, with easy access to major roads. Whether you're a first-time buyer or looking for a project, this home offers endless possibilities. Don't miss the chance to make it your own!

Listing Details MLS# 2086644

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1008
Living Area Source: Appraiser
Year Built: 1968
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: Head south on US-17 S (Orange Ave) toward Blanding Blvd. Turn left onto Blanding Blvd (FL-21 S) and continue for approximately 1.5 miles. Turn right onto Venus Ln. Continue on Venus Ln for about 0.2 miles; the destination will be on your left.
Public Remarks: Home can be viewed from 11-3 on Saturday, 5/17/2025. Please submit the best and final offer within 48 hours of acceptance by noon on Sunday, 5/18/2025. This charming 3-bedroom, 2-bathroom block home, built in 1968, offers great potential in an established neighborhood. With a solid foundation, this property is ready for your personal touch. The home features a large living area, a kitchen waiting for your updates, and three comfortable bedrooms. Enjoy the outdoors in the screened-in porch, perfect for relaxing year-round. The carport provides convenient parking and extra storage space. Located in a quiet, well-established neighborhood, you'll be close to schools, shopping, and dining, with easy access to major roads. Whether you're a first-time buyer or looking for a project, this home offers endless possibilities. Don't miss the chance to make it your own!
List Price/SqFt: 148.81
Sold Price/SqFt: 163.69

Property Features

Architectural Style: Mid-Century Modern Levels: One Appliances: Dryer; Electric Cooktop; Electric Range; Electric Water Heater; Refrigerator; Washer Flooring: Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Patio And Porch Features: Porch; Screened Roof: Shingle Parking Features: Carport Fencing: Back Yard Current Use: Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-05-09

Location Tax and Legal

Street Number: 122
Street Name: VENUS
Street Suffix: Lane
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2025-06-06T20:50:58Z
Major Change Type: Status Change
Purchase Contract Date: 2025-05-19
Close Date: 2025-06-04
Close Price: 165000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MARK SPAIN REAL ESTATE

Last Updated: January - 20 - 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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