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.

1265 THE GROVE Road, Orange Park, FL 32073 (MLS# 2114693)

1265 THE GROVE Road, Orange Park, FL 32073

$120,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,233 Lot Size (sq. ft.): 871 Status: Closed

Current Price: $120,000 List Date: 10/23/2025 Last Modified: 7/06/2026

Overview

Description

two bedroom, two and a half bath condo located near shopping, restaurants, and Orange Park Medical Center. This home has granite countertops, a breakfast bar, new carpet and paint, lots of closet space, a separate dining room, large bedrooms, as well as a storage unit in the back and two assigned parking spaces. This is a friendly and quiet community in a park like setting.

Listing Details MLS# 2114693

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1233
Living Area Source: Public Records
Year Built: 1974
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 348.54
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From I295 and 17, go south to Kinglsey. Turn right and go to Grove Park Dr. . Turn left onto Gano Ave then turn right on The Grove Rd.
Public Remarks: two bedroom, two and a half bath condo located near shopping, restaurants, and Orange Park Medical Center. This home has granite countertops, a breakfast bar, new carpet and paint, lots of closet space, a separate dining room, large bedrooms, as well as a storage unit in the back and two assigned parking spaces. This is a friendly and quiet community in a park like setting.
List Price/SqFt: 109.49
Sold Price/SqFt: 97.32

Property Features

Levels: Two Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Patio; Porch; Rear Porch Parking Features: Assigned Current Use: Residential Association Amenities: Community Pool; Maintenance Grounds Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2025-10-22
Unit Type: Other

Location Tax and Legal

Street Number: 1265
Street Name: THE GROVE
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: The Grove

Status Change Information

Major Change Timestamp: 2026-07-06T15:49:39Z
Major Change Type: Status Change
Price Change Timestamp: 2026-04-02T14:52:19Z
Purchase Contract Date: 2026-06-02
Close Date: 2026-07-01
Close Price: 120000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: July - 06 - 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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