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.

1840 CHATHAM VILLAGE Drive, Orange Park, FL 32003 (MLS# 1239332)

1840 CHATHAM VILLAGE Drive, Orange Park, FL 32003

$2,495

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,503 Status: Closed

Current Price: $2,495 List Date: 7/25/2023 Last Modified: 10/19/2026

Overview

Description

Chatham Village Drive is a large 4 bedroom, 3 bathroom single family home. This home has plenty of room for everyone, at 2500 sq ft. Freshly painted inside, with durable plank flooring throughout! Pictures show the current condition. Two distinct living spaces with a large eat-in kitchen between them. You will find this home offers ample storage, including a two-car garage, a wood-burning fireplace, covered patio, with an open yard with lake views. The primary bedroom offers three window lake views, a large en suite bath that includes a separate shower and garden tub, with a spacious closet. Two additional bedrooms, all good spaces, and the third guest room includes its own en suite bath. Deed Restricted Community, please request HOA docs

Listing Details MLS# 1239332

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2503
Living Area Source: Public Records
Year Built: 2001
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Directions: HWY 17 South, RT Fleming Plantation Blvd, RT town Center, RT Chatham Village. Home is on right side 1840
Public Remarks: Chatham Village Drive is a large 4 bedroom, 3 bathroom single family home. This home has plenty of room for everyone, at 2500 sq ft. Freshly painted inside, with durable plank flooring throughout! Pictures show the current condition. Two distinct living spaces with a large eat-in kitchen between them. You will find this home offers ample storage, including a two-car garage, a wood-burning fireplace, covered patio, with an open yard with lake views. The primary bedroom offers three window lake views, a large en suite bath that includes a separate shower and garden tub, with a spacious closet. Two additional bedrooms, all good spaces, and the third guest room includes its own en suite bath. Deed Restricted Community, please request HOA docs
List Price/SqFt: Yes
Sold Price/SqFt: Yes

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Pool Features: None Association Amenities: Community Pool; Tennis Court(s) Parking Features: Additional Parking; Garage Door Opener Waterfront Features: Lake Front Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-07-25
Lease Term: 12 Months

Location Tax and Legal

Street Number: 1840
Street Name: CHATHAM VILLAGE
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32003
MLS Area Major: 124-Fleming Island-SW
Subdivision Name: Chatham Village

Status Change Information

Major Change Timestamp: 2023-11-20T10:41:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-07-28T21:51:37Z
Purchase Contract Date: 2023-07-31
Close Date: 2023-08-04
Close Price: 2495

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 75
Pet Fee/Deposit: 200
Security Deposit: 2595

Historical Information

Public Historical Remarks 1: Pet Rent: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, LeasePrepFeeTenant: 175, Common Club Amenities-Club Facilities: Y, Golf Course Comm: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate,Negotiable, Sewer - Public: Y, Parcel Size: Less than .25 acre, Vinyl Plank Flooring: Y, Min Lease/Rent Term: 12 month, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Self Cleaning Oven: Y
Public Historical Remarks 3: Date Available: 7/25/2023

Room Information

Room Name
Family Room
Utility Room

Listing Office: COMPASS PROPERTY MANAGEMENT GROUP LLC

Last Updated: October - 19 - 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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