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.

205 LORING Court, Orange Park, FL 32073 (MLS# 2013193)

205 LORING Court, Orange Park, FL 32073

$240,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,146 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $240,000 List Date: 3/08/2024 Last Modified: 1/12/2026

Overview

Description

Come to see this beautiful and very well maintained home with 2 bedrooms and 1 full bathroom and a half, located in the heart of Orange Park! This home features a large great room with soaring ceilings, fireplace, a very unique mezzanine/loft area, and 2 car garage. Laminate flooring throughout. Also it has a lovely patio and a spacious backyard with a storage. Very good location and short walk to the St Johns river. Minutes from Jacksonville Naval Air Station and conveniently located close to shopping and dining! Zoned for highly desired Clay County schools. NO HOA/CDD fees or monthly dues!! So much to offer at an incredible price!

Listing Details MLS# 2013193

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1146
Living Area Source: Public Records
Year Built: 1979
Homestead YN: Yes
Lot Size Acres: 0.14
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Exit 17, head south, left on Loring Ct, home on your left
Public Remarks: Come to see this beautiful and very well maintained home with 2 bedrooms and 1 full bathroom and a half, located in the heart of Orange Park! This home features a large great room with soaring ceilings, fireplace, a very unique mezzanine/loft area, and 2 car garage. Laminate flooring throughout. Also it has a lovely patio and a spacious backyard with a storage. Very good location and short walk to the St Johns river. Minutes from Jacksonville Naval Air Station and conveniently located close to shopping and dining! Zoned for highly desired Clay County schools. NO HOA/CDD fees or monthly dues!! So much to offer at an incredible price!
List Price/SqFt: 213.79
Sold Price/SqFt: 209.42

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Interior Features: Breakfast Bar; Pantry Flooring: Laminate Laundry Features: In Garage Utilities: Electricity Connected; Sewer Connected; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Additional Parking Fencing: Back Yard; Fenced; Wood Current Use: Residential Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-03-08

Location Tax and Legal

Street Number: 205
Street Name: LORING
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 133-North Orange Park
Subdivision Name: Loring Court

Status Change Information

Major Change Timestamp: 2024-03-29T16:51:35Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-08T19:58:26Z
Purchase Contract Date: 2024-03-10
Close Date: 2024-03-29
Close Price: 240000

DPR Eligible

DPR Eligible: No

More Information

Documents

Survey ›

SPD ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 12 - 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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