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.

2411 BALSAMWOOD Court, Orange Park, FL 32065 (MLS# 1004527)

2411 BALSAMWOOD Court, Orange Park, FL 32065

$167,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,712 Status: Closed

Current Price: $167,000 List Date: 7/29/2019 Last Modified: 12/22/2025

Overview

Description

This home features mostly tile floors, fireplace in the living room, built in display cabinet and shelves. Formal dining room and a kitchen with breakfast nook. The huge backyard is fenced and the patio is partially covered. Roof is recently installed. Owned by the Veterans Administration and sold as is. This property may qualify for seller financing(Vendee).

Listing Details MLS# 1004527

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1712
Living Area Source: Public Records
Year Built: 1984
Lot Size Dimensions: .33 acre
Association YN: No
Association Fee Frequency: One Time
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: From Blanding take Camp Francis Johnson Rd to Elmwood, left onto Elmwood and then turn right onto Balsomwood, follow to the cul-de-sac.
Public Remarks: This home features mostly tile floors, fireplace in the living room, built in display cabinet and shelves. Formal dining room and a kitchen with breakfast nook. The huge backyard is fenced and the patio is partially covered. Roof is recently installed. Owned by the Veterans Administration and sold as is. This property may qualify for seller financing(Vendee).
List Price/SqFt: 93.75
Sold Price/SqFt: 97.55

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Fireplace Features: Wood Burning Interior Features: Entrance Foyer; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Entry Phone/Intercom; Smoke Detector(s) Construction Materials: Frame; Wood Siding Patio And Porch Features: Covered; Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Irregular Lot Fencing: Back Yard; Fenced; Wood; Other Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; Owner May Carry; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-07-08

Location Tax and Legal

Street Number: 2411
Street Name: BALSAMWOOD
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Ridgecrest

Status Change Information

Major Change Timestamp: 2019-09-18T14:51:56Z
Major Change Type: Status Change
Purchase Contract Date: 2019-08-02
Close Date: 2019-09-16
Close Price: 167000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Interior Amenities-Window Treatment(s): Y, Suburban Lot Location: Y
Public Historical Remarks 2: Energy Features-Ridge Vents: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Structure Slab: Y

Room Information

Room Name
Utility Room

Listing Office: REALTY WORLD EXECUTIVE GROUP

Last Updated: December - 22 - 2025

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