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.

1581 IBIS Drive, Orange Park, FL 32065 (MLS# 972506)

1581 IBIS Drive, Orange Park, FL 32065

$155,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,187 Status: Closed

Current Price: $155,000 List Date: 1/02/2019 Last Modified: 5/14/2026

Overview

Description

Welcome to your new 3 bed 2 bath home. This home is minutes away to everything. Living area is open to the formal dining room and a pass through to the kitchen easy to entertain your guest and family. Enjoy hanging out in the enclosed patio while watching your kids and pets play in that spacious back yard. Roof is 2 yrs old and A/C is 4 yrs old. Home needs some TLC and seller is willing to do repairs up to 1k.

Listing Details MLS# 972506

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1187
Living Area Source: Public Records
Year Built: 1995
Association YN: Yes
Association Fee: 45
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Head south on Blanding Blvd/State Rd 21 S . Turn left onto Kingfisher. Continue to where road comes to a T. Home is in T in road at Ibis drive and Kingfisher.
Public Remarks: Welcome to your new 3 bed 2 bath home. This home is minutes away to everything. Living area is open to the formal dining room and a pass through to the kitchen easy to entertain your guest and family. Enjoy hanging out in the enclosed patio while watching your kids and pets play in that spacious back yard. Roof is 2 yrs old and A/C is 4 yrs old. Home needs some TLC and seller is willing to do repairs up to 1k.
List Price/SqFt: 130.58
Sold Price/SqFt: 130.58

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator Interior Features: Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Frame Patio And Porch Features: Patio; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-01-02

Location Tax and Legal

Street Number: 1581
Street Name: IBIS
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Waterview Ridge

Status Change Information

Major Change Timestamp: 2019-02-20T16:33:45Z
Major Change Type: Status Change
Purchase Contract Date: 2019-01-14
Close Date: 2019-02-18
Close Price: 155000

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Energy Features-Forced Air: Y

More Information

Documents

Seller's Property Disclosure ›

Flood insurance ›

Home Owners Association ›

Listing Office: WATSON REALTY CORP

Last Updated: May - 14 - 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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