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.

1355 JEFFERSON Avenue A, Orange Park, FL 32065 (MLS# 1142529)

1355 JEFFERSON Avenue A, Orange Park, FL 32065

$1,200

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 902 Status: Closed

Current Price: $1,200 List Date: 11/19/2021 Last Modified: 9/30/2026

Overview

Description

Beautifully Remodeled unit in desirable Orange Park. New Floors, Kitchen, appliances, Fixtures. Amazing transformation!

Listing Details MLS# 1142529

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 902
Living Area Source: Public Records
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Directions: Take Blanding Southbound from 295, Turn Left on Jefferson St, unit with be on your left
Public Remarks: Beautifully Remodeled unit in desirable Orange Park. New Floors, Kitchen, appliances, Fixtures. Amazing transformation!
List Price/SqFt: 1.33
Sold Price/SqFt: 1.33

Property Features

Appliances: Electric Range; Refrigerator Interior Features: Primary Bathroom - Tub with Shower Pool Features: None Parking Features: Assigned Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2021-11-08
Lease Term: 12 Months

Location Tax and Legal

Street Number: 1355
Street Name: JEFFERSON
Street Suffix: Avenue
State: FL
County: Clay
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Jefferson Square

Status Change Information

Major Change Timestamp: 2021-12-15T12:46:54Z
Major Change Type: Status Change
Purchase Contract Date: 2021-12-11
Close Date: 2021-12-11
Close Price: 1200

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle
Public Historical Remarks 2: Occupancy: Immediate, Rented Info: 1200/mo 1 year lease, Sewer - Public: Y, Dining-Living/Dining Combo: Y, Townhouse: Y

More Information

Listing Office: PMI JACKSONVILLE

Last Updated: September - 30 - 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.