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 D, Orange Park, FL 32065 (MLS# 1205138)

1355 JEFFERSON Avenue D, Orange Park, FL 32065

$1,425

Property Type: Residential Lease Bedrooms: 2 Baths: 1 Square Footage: 900 Status: Closed

Current Price: $1,425 List Date: 12/19/2022 Last Modified: 9/30/2026

Overview

Description

Newly renovated and spacious 2 bedroom, 2 bathroom unit in Orange Park! This apartment features new LVP flooring, fully renovated kitchen and bathrooms, a fresh coat of paint, washer/dryer connections, and a large fenced in back yard! Available for move in ASAP!

Listing Details MLS# 1205138

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 900
Living Area Source: Measured
Year Built: 1984
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
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: Newly renovated and spacious 2 bedroom, 2 bathroom unit in Orange Park! This apartment features new LVP flooring, fully renovated kitchen and bathrooms, a fresh coat of paint, washer/dryer connections, and a large fenced in back yard! Available for move in ASAP!
List Price/SqFt: 1.57
Sold Price/SqFt: 1.58

Property Features

Appliances: Electric Cooktop; Electric Range; Refrigerator Patio And Porch Features: Covered Pool Features: None Association Amenities: Laundry Parking Features: Additional Parking Fencing: Back Yard Utilities: Cable Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2022-12-12
Lease Term: Month To Month

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: 2023-11-20T09:03:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-15T17:57:35Z
Purchase Contract Date: 2023-02-28
Close Date: 2023-02-28
Close Price: 1425

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 75
Security Deposit: 1475

Historical Information

Public Historical Remarks 1: Pet Rent: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Per Period: 1475, LeasePrepFeeTenant: 125
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y, Vinyl Plank Flooring: Y, USPS Cluster Mailbox: Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Vacant, Vacant -Lockbox

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.