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.

1543 KINGSLEY Avenue BLDG7, Orange Park, FL 32073 (MLS# 2075676)

1543 KINGSLEY Avenue BLDG7, Orange Park, FL 32073

$875,000

Property Type: Commercial Sale Square Footage: 6,192 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $875,000 List Date: 3/14/2025 Last Modified: 10/20/2026

Overview

Description

Over 6,000 SF office and storage space. Open workspaces, professional offices and conference rooms; Easily convert to 3 units for additional rental income; Association fee $275 /month includes water, landscaping & garbage; Conveniently located in the heart of Orange Park, close to OP Medical Center and I-295; No assigned parking, however there are 10 parking spaces in front of this unit.

Listing Details MLS# 2075676

General Property Information

Building Area Total: 6192
Building Area Source: Plans
Year Built: 1983
Lot Size Acres: 0.41
Association YN: Yes
Association Fee: 275
Association Fee Frequency: Monthly
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Directions: North on Blanding Blvd. Right on Kingsley Ave. In 1 mile, turn left into Kingsley Village. Building 7 located at the end of cul de sac.
Public Remarks: Over 6,000 SF office and storage space. Open workspaces, professional offices and conference rooms; Easily convert to 3 units for additional rental income; Association fee $275 /month includes water, landscaping & garbage; Conveniently located in the heart of Orange Park, close to OP Medical Center and I-295; No assigned parking, however there are 10 parking spaces in front of this unit.
List Price/SqFt: 150.19
Sold Price/SqFt: 141.31

Property Features

Building Features: Lobby; Meeting Room; Office; Reception Area; Separate Office Area; Showroom; Storage Business Type: Business Park; Office Supply; Professional/Office; Storage Construction Materials: Stucco; Wood Siding Cooling: Central Air Current Use: Commercial Flooring: Carpet; Laminate; Tile; Wood Heating: Central Listing Terms: Cash; Conventional; FHA Lot Features: Cul-De-Sac Parking Features: Parking Lot Possession: Close Of Escrow Roof: Shingle Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2025-03-14
Property Sub Type: Office

Location Tax and Legal

Street Number: 1543
Street Name: KINGSLEY
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park

Status Change Information

Major Change Timestamp: 2025-12-24T14:44:57Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-27
Close Date: 2025-12-23
Close Price: 875000

Building Features

Useable/Rentable U/R: U

More Information

Documents

Brochure ›

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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