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.

1589 CALMING WATER Drive, Orange Park, FL 32003 (MLS# 1082871)

1589 CALMING WATER Drive, Orange Park, FL 32003

$257,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,646 Status: Closed

Current Price: $257,000 List Date: 11/21/2020 Last Modified: 3/09/2026

Overview

Description

Beautiful house in gated community in planned unit development. Schools, shopping and churches in the neighborhood. HOA fee covers lawn maintenance, gate, road insurance and street lights. Screened lanai for enjoying our beautiful Florida evenings, Carpet in bedrooms, ceramic tile in rest of house. Lots of amenities such as splash park, walking trails, etc.

Listing Details MLS# 1082871

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1646
Living Area Source: Public Records
Year Built: 2005
Association YN: Yes
Association Fee: 225
Association Fee Frequency: Monthly
Association Fee 2: 175
Association Name: Leland
Association Phone: 904-247-2175
CDD Fee YN: Yes
CDD Fee Amount: 1016
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: South on U.S. 17 right on CR 220 left on Town Center Parkway left into Lake Ridge turn right and go thru gate.
Public Remarks: Beautiful house in gated community in planned unit development. Schools, shopping and churches in the neighborhood. HOA fee covers lawn maintenance, gate, road insurance and street lights. Screened lanai for enjoying our beautiful Florida evenings, Carpet in bedrooms, ceramic tile in rest of house. Lots of amenities such as splash park, walking trails, etc.
List Price/SqFt: 154.86
Sold Price/SqFt: 156.14

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower Flooring: Carpet; Tile Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Patio And Porch Features: Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Residential; Single Family Association Amenities: Maintenance Grounds 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: 2020-10-14

Location Tax and Legal

Street Number: 1589
Street Name: CALMING WATER
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32003
MLS Area Major: 124-Fleming Island-SW
Subdivision Name: Fleming Island

Status Change Information

Major Change Timestamp: 2023-11-14T10:56:20Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-11-16T21:22:17Z
Purchase Contract Date: 2020-11-19
Close Date: 2020-12-30
Close Price: 257000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Golf Course Comm: Y
Public Historical Remarks 2: Bath-Garden Bath: Y

More Information

Room Information

Room Name
Utility Room

Listing Office: RIVER OAK REALTY

Last Updated: March - 09 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare