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.

1311 BRANDON Drive, Orange Park, FL 32065 (MLS# 1160011)

1311 BRANDON Drive, Orange Park, FL 32065

$365,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,622 Status: Closed

Current Price: $365,000 List Date: 3/25/2022 Last Modified: 5/28/2026

Overview

Description

Calling all investors! Here is a great rehab project for you at only 110 per square foot. You have a great big home for your resell or rental needs. The seller is not willing to take an offer with a loan. So only cash or a hard money loan offer please.

Listing Details MLS# 1160011

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3622
Living Area Source: Public Records
Year Built: 2007
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
Association Fee 2 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
Stories: 2
Directions: From OP go south on Blanding turm left on Parkridge then left on Peoria to left on Brandon to home on right
Public Remarks: Calling all investors! Here is a great rehab project for you at only 110 per square foot. You have a great big home for your resell or rental needs. The seller is not willing to take an offer with a loan. So only cash or a hard money loan offer please.
List Price/SqFt: 110.44
Sold Price/SqFt: 100.77

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Interior Features: Breakfast Bar Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage Current Use: Residential Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-03-25

Location Tax and Legal

Street Number: 1311
Street Name: BRANDON
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Cades Cove

Status Change Information

Major Change Timestamp: 2022-05-04T17:09:22Z
Major Change Type: Status Change
Purchase Contract Date: 2022-03-30
Close Date: 2022-04-29
Close Price: 365000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: NOONEY REALTY LLC

Last Updated: May - 28 - 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.