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.

1465 GIFFORD Avenue, Orange Park, FL 32065 (MLS# 1192717)

1465 GIFFORD Avenue, Orange Park, FL 32065

$252,067

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,880 Status: Closed

Current Price: $252,067 List Date: 9/21/2022 Last Modified: 8/27/2026

Overview

Description

This home has so much to offer! With concrete block construction, a new roof, and a new HVAC system, this property is ready to occupy. The bonus room off the living room is currently being utilized as the 4th bedroom, but it could be a great family room, office, or playroom. The yard is a fantastic space to entertain, grow a garden, or enjoy a cookout. The circular driveway creates more than enough parking space for trucks and cars, alike. Located across the street from a community park with ballfields and a playground, it's easy to get involved in local activities. Make an appointment for a showing today!

Listing Details MLS# 1192717

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1880
Living Area Source: Public Records
Year Built: 1981
Association YN: No
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From 1-295, South on Blanding Blvd. Left at Jefferson. Right on Gifford. Home is on the Left.
Public Remarks: This home has so much to offer! With concrete block construction, a new roof, and a new HVAC system, this property is ready to occupy. The bonus room off the living room is currently being utilized as the 4th bedroom, but it could be a great family room, office, or playroom. The yard is a fantastic space to entertain, grow a garden, or enjoy a cookout. The circular driveway creates more than enough parking space for trucks and cars, alike. Located across the street from a community park with ballfields and a playground, it's easy to get involved in local activities. Make an appointment for a showing today!
List Price/SqFt: 148.94
Sold Price/SqFt: 134.08

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dryer; Electric Range; Electric Water Heater; Freezer; Refrigerator; Washer Interior Features: Eat-in Kitchen; Primary Bathroom - Tub with Shower Flooring: Tile Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Pool Features: None Roof: Shingle Parking Features: Circular Driveway Lot Features: Irregular Lot Fencing: Back Yard Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-09-21

Location Tax and Legal

Street Number: 1465
Street Name: GIFFORD
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Tanglewood Village

Status Change Information

Major Change Timestamp: 2022-11-22T16:05:29Z
Major Change Type: Status Change
Purchase Contract Date: 2022-10-14
Close Date: 2022-11-18
Close Price: 252067

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Intermediate School: Other

Listing Office: ONE SOTHEBY'S INTERNATIONAL REALTY

Last Updated: August - 27 - 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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