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.

144 URSA Street, Orange Park, FL 32073 (MLS# 1216850)

144 URSA Street, Orange Park, FL 32073

$200,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 864 Status: Closed

Current Price: $200,000 List Date: 3/13/2023 Last Modified: 1/22/2026

Overview

Description

REHABBED PROPERTY MUST SEE TO APPRECIATE REHABBED WORK ALL UP GRADED MATERIALS NEW KITCHEN CABINETS , GRANITE COUNTERTOPS, LUXURY VINYL PLANK FLOORING NEW BATHS COMPLETE...

Listing Details MLS# 1216850

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 864
Living Area Source: Public Records
Year Built: 1964
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: BLANDING BLVD. RIGHT ON ARORA, RIGHT ON URSA, PROPERTY ON RIGHT
Public Remarks: REHABBED PROPERTY MUST SEE TO APPRECIATE REHABBED WORK ALL UP GRADED MATERIALS NEW KITCHEN CABINETS , GRANITE COUNTERTOPS, LUXURY VINYL PLANK FLOORING NEW BATHS COMPLETE...
List Price/SqFt: 231.48
Sold Price/SqFt: 231.48

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Electric Range; Electric Water Heater; Microwave; Refrigerator Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Block Pool Features: None Roof: Metal Parking Features: Assigned; Detached; Garage Current Use: Residential Association Amenities: Trash Road Surface Type: Concrete Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-03-12

Location Tax and Legal

Street Number: 144
Street Name: URSA
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2023-04-06T16:22:06Z
Major Change Type: Status Change
Purchase Contract Date: 2023-03-13
Close Date: 2023-03-23
Close Price: 200000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 3: Occupant Type: Vacant, Vacant -Lockbox

Listing Office: EAST COAST REALTY

Last Updated: January - 22 - 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.