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.

2199 ASTOR Street 302, Orange Park, FL 32073 (MLS# 2159526)

2199 ASTOR Street 302, Orange Park, FL 32073

$494,500

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Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,150 Lot Size (sq. ft.): 871 Status: Active

Current Price: $494,500 List Date: 8/11/2026 Last Modified: 10/12/2026

Overview

Description

NEW ROOF & BULKHEAD! Seller will pay 1st yr membership to Club Continental which has amenities including swimming pools, a fitness center and dining. Enjoy effortless riverfront living in one of the largest residences at The Continental Palace. The entire building has also been recently sealed, caulked, and painted, offering added peace of mind. This spacious residence features 3 generously sized bedrooms, each with its own private full bathroom and walk-in closet--an ideal layout for both everyday living and hosting guests. An in-unit laundry room and convenient garbage service make for an easy, low-maintenance lifestyle. Freshly painted throughout the main living areas, the condo also features an enclosed sunroom where you can relax, entertain, and take in the beautiful, serene views of the St. Johns River. With its peaceful waterfront setting, generous living space, and convenient location, this home offers a wonderful opportunity to enjoy the best of riverfront living.

Listing Details MLS# 2159526

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2150
Living Area Source: Appraiser
Year Built: 1973
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 1293.78
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Stories Total: 5
Senior Community YN: No
Directions: FROM I295, HIGHWAY 17S TO LEFT ON MILWAUKEE. AT ENTRANCE TO CLUB CONTINENTAL GO STRAIGHT PAST POOLS TO RIVER. LEFT INTO CONTINENTAL PALACE PARKING-
Public Remarks: NEW ROOF & BULKHEAD! Seller will pay 1st yr membership to Club Continental which has amenities including swimming pools, a fitness center and dining. Enjoy effortless riverfront living in one of the largest residences at The Continental Palace. The entire building has also been recently sealed, caulked, and painted, offering added peace of mind. This spacious residence features 3 generously sized bedrooms, each with its own private full bathroom and walk-in closet--an ideal layout for both everyday living and hosting guests. An in-unit laundry room and convenient garbage service make for an easy, low-maintenance lifestyle. Freshly painted throughout the main living areas, the condo also features an enclosed sunroom where you can relax, entertain, and take in the beautiful, serene views of the St. Johns River. With its peaceful waterfront setting, generous living space, and convenient location, this home offers a wonderful opportunity to enjoy the best of riverfront living.
List Price/SqFt: 230

Property Features

Architectural Style: Spanish Levels: One Accessibility Features: Accessible Entrance Rental Restrictions: 1 Year Appliances: Convection Oven; Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Entrance Foyer; Guest Suite; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Water Connected Cooling: Central Air Heating: Electric Water Source: Public Construction Materials: Stucco Roof: Tile Parking Features: Assigned; Covered; Guest View: River Waterfront Features: River Front Current Use: Residential Association Amenities: Elevator(s); Maintenance Grounds; Maintenance Structure; Management - Full Time; Storage Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Sewer; Trash Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2026-08-06
Unit Type: Other

Location Tax and Legal

Street Number: 2199
Street Name: ASTOR
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 137-Doctor's Lake
Subdivision Name: Continental Palace

Status Change Information

Major Change Timestamp: 2026-10-12T18:41:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-12T18:41:39Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

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Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 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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