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.

1227 ARBOR Circle, Orange Park, FL 32073 (MLS# 1089897)

1227 ARBOR Circle, Orange Park, FL 32073

$230,000

Virtual Tour

https://www.aryeo.com/v2/e6acc51e-94a0-4ade-b2d2-0e3829a3bc02/videos/19791

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,511 Status: Closed

Current Price: $230,000 List Date: 1/14/2021 Last Modified: 1/12/2026

Overview

Description

Wow! Affordable Pool Home! This well maintained 3 bedrooms, 2 full bathrooms move-in ready home is waiting for you! Tile and laminated flooring. Updated kitchen & baths. Stainless steel appliances, backsplash, and much more. The large backyard is a great area for entertaining or spending time with family spatially in theses times!. This ALL BRICK home. NO HOA. Convenient location close to main highways, restaurants, hospitals, shopping areas. This home won't last long, so take a drive and check this great deal out!

Listing Details MLS# 1089897

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1511
Living Area Source: Public Records
Year Built: 1970
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I-295 go south on Blanding Blvd, Turn left on Wells Rd, right on Debarry Road, left at Briarwood Lane, right on Grove Park Drive W, right on Grove Park Drive, right on Arbor Circle.
Public Remarks: Wow! Affordable Pool Home! This well maintained 3 bedrooms, 2 full bathrooms move-in ready home is waiting for you! Tile and laminated flooring. Updated kitchen & baths. Stainless steel appliances, backsplash, and much more. The large backyard is a great area for entertaining or spending time with family spatially in theses times!. This ALL BRICK home. NO HOA. Convenient location close to main highways, restaurants, hospitals, shopping areas. This home won't last long, so take a drive and check this great deal out!
List Price/SqFt: 165.45
Sold Price/SqFt: 152.22

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat; Ranch Appliances: Electric Range; Electric Water Heater; Ice Maker; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Laminate; Tile Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick Pool Features: In Ground; Other Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Fencing: Back Yard; Fenced; Wood 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: 2021-01-11

Location Tax and Legal

Street Number: 1227
Street Name: ARBOR
Street Suffix: Circle
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Grove Park

Status Change Information

Major Change Timestamp: 2021-02-10T15:34:30Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-29
Close Date: 2021-02-08
Close Price: 230000

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y

More Information

Listing Office: WATSON REALTY CORP

Last Updated: January - 12 - 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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