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.

1387 PAWNEE Street, Orange Park, FL 32065 (MLS# 2074302)

1387 PAWNEE Street, Orange Park, FL 32065

$270,000

Virtual Tour

https://visithome.ai/cZs7sdkyswfpXLRcDaJNCE?t=1741211567

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,372 Lot Size (sq. ft.): 8,494 Status: Closed

Current Price: $270,000 List Date: 3/07/2025 Last Modified: 10/20/2026

Overview

Description

Enter your new home through the incredibly welcoming double doors. Right away, the vaulted ceiling and marble fireplace make this open floor plan inviting for all. The cozy kitchen is situated right off the garage entrance for easy grocery unloading. The large screened in porch is the perfect place to watch the kiddos run around the spacious backyard while you enjoy the view of the tranquil pond. (Don't worry, the backyard is fully fenced, so no one will accidentally go swimming in the pond.) Don't miss the remarkable opportunity to make this house your new home.

Listing Details MLS# 2074302

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1372
Living Area Source: Public Records
Year Built: 1988
Lot Size Acres: 0.195
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: South on Blanding Blvd. (SR21). Left onto College Dr. Right on Creative Way. House is directly in front of intersection of Creative Way and Pawnee St.
Public Remarks: Enter your new home through the incredibly welcoming double doors. Right away, the vaulted ceiling and marble fireplace make this open floor plan inviting for all. The cozy kitchen is situated right off the garage entrance for easy grocery unloading. The large screened in porch is the perfect place to watch the kiddos run around the spacious backyard while you enjoy the view of the tranquil pond. (Don't worry, the backyard is fully fenced, so no one will accidentally go swimming in the pond.) Don't miss the remarkable opportunity to make this house your new home.
List Price/SqFt: 196.79
Sold Price/SqFt: 196.79

Property Features

Architectural Style: Traditional Levels: One Appliances: Convection Oven; Dishwasher; Electric Cooktop; Electric Water Heater Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Open Floorplan; Primary Bathroom - Shower No Tub; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Composition Siding; Stucco; Vinyl Siding Patio And Porch Features: Front Porch; Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage View: Pond Waterfront Features: Pond Fencing: Back Yard; Full; Wood Current Use: Residential Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-03-07

Location Tax and Legal

Street Number: 1387
Street Name: PAWNEE
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Golden Lake

Status Change Information

Major Change Timestamp: 2025-06-05T22:31:15Z
Major Change Type: Status Change
Price Change Timestamp: 2025-04-17T00:44:32Z
Purchase Contract Date: 2025-04-29
Close Date: 2025-06-02
Close Price: 270000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: KAHLE COMMERCIAL GROUP, INC

Last Updated: October - 20 - 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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