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.

1330 JEFFERSON Avenue, Orange Park, FL 32065 (MLS# 925553)

1330 JEFFERSON Avenue, Orange Park, FL 32065

$270,000

Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 3,688 Status: Closed

Current Price: $270,000 List Date: 3/12/2018 Last Modified: 3/09/2026

Overview

Description

This is a highly rentable investment with 100% occupancy and good rental history. 2 bedroom and 2 full baths in each unit Owner may consider owner financing with good credit and large down payment. One unit is now renting for $700. and others will increase as leases expire

Listing Details MLS# 925553

General Property Information

Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Living Area: 3688
Living Area Source: Public Records
Year Built: 1984
Garage Spaces: 10
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: Yes
Stories: Yes
Directions: South on Blanding left on Jefferson to 1330 on right.
Public Remarks: This is a highly rentable investment with 100% occupancy and good rental history. 2 bedroom and 2 full baths in each unit Owner may consider owner financing with good credit and large down payment. One unit is now renting for $700. and others will increase as leases expire
List Price/SqFt: 73.21
Sold Price/SqFt: 73.21

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Refrigerator Construction Materials: Frame; Wood Siding Cooling: Central Air Flooring: Vinyl Heating: Central Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Owner Pays: Grounds Care; Insurance; Management; Other Tax; Pest Control; Repairs; Trash Collection Parking Features: Parking Lot; Unassigned Pool Features: None Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2018-03-12
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 1330
Street Name: JEFFERSON
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32065
Subdivision Name: Jefferson Square
MLS Area Major: 138-Tanglewood

Status Change Information

Major Change Timestamp: 2018-05-16T20:38:16Z
Major Change Type: Status Change
Purchase Contract Date: 2018-03-14
Close Date: 2018-05-16
Close Price: 270000

Income and Expenses

Gross Income: 30900

More Information

Historical Information

Public Historical Remarks 1: Restrictions-Pet Fee (Refundable): Y, Annual Property Tax: 2500, Approx Lease SqFt: 3688.00, Number of Buildings: 1 Building, Present Rental Terms: Year, Owner Pays-Advertising: Y, Two Bedroom Rentals: $601 to $700/Month
Public Historical Remarks 2: Annual Rent: 3688.00, # 2 Bedroom Units: 4, Det Heat SQFT: 3688.00, Split Bedroom: Y, Present Tenant Exp: All Electric,Security Deposit,Key Deposit,Water
Public Historical Remarks 3: Current Zoning: RD4

Listing Office: RIVER OAK REALTY

Last Updated: March - 09 - 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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