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.

1516 PAWNEE Street, Orange Park, FL 32065 (MLS# 2000108)

1516 PAWNEE Street, Orange Park, FL 32065

$239,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,772 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $239,900 List Date: 12/19/2023 Last Modified: 12/17/2025

Overview

Description

Great opportunity to make this home your own. Huge corner lot with a backyard waiting for all the family BBQ's. Home has new roof 2022 and centrally located to all your needs. This home is easy to show and has endless potential.

Listing Details MLS# 2000108

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1772
Living Area Source: Public Records
Year Built: 1983
Lot Size Acres: 0.27
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: South on Blanding, left on Tanglewood, Right on Pawnee, home on the right.
Public Remarks: Great opportunity to make this home your own. Huge corner lot with a backyard waiting for all the family BBQ's. Home has new roof 2022 and centrally located to all your needs. This home is easy to show and has endless potential.
List Price/SqFt: 141.03
Sold Price/SqFt: 135.38

Property Features

Architectural Style: Traditional Levels: One Appliances: Microwave; Refrigerator Interior Features: Breakfast Bar Flooring: Tile Laundry Features: Electric Dryer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Patio And Porch Features: Screened Pool Features: None Roof: Shingle Parking Features: Garage Fencing: Back Yard; Chain Link Current Use: Single Family Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2023-12-18

Location Tax and Legal

Street Number: 1516
Street Name: PAWNEE
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Tanglewood Village

Status Change Information

Major Change Timestamp: 2024-02-04T20:22:24Z
Major Change Type: Status Change
Contingent Date: 2024-01-16
Purchase Contract Date: 2023-12-30
Close Date: 2024-01-26
Close Price: 239900

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: LA ROSA REALTY NORTH FLORIDA, LLC.

Last Updated: December - 17 - 2025

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.