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.

2412 BALSAMWOOD Court, Orange Park, FL 32065 (MLS# 916850)

2412 BALSAMWOOD Court, Orange Park, FL 32065

$188,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,723 Status: Closed

Current Price: $188,000 List Date: 1/17/2018 Last Modified: 2/25/2026

Overview

Description

Don't miss out on this 3 bedroom, 2 bath home situated on an over sized lot located in the desirable community of Ridgecrest. New carpet, paint, lighting and appliances are just a few reasons to make the move today. This home features a brick wood burning fireplace in the living room with a bonus room on the back. Tucked away on a cul-de-sac but minutes away from restaurants and shopping.

Listing Details MLS# 916850

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1723
Living Area Source: Measured
Year Built: 1984
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
Furnished: Unfurnished
Stories: Yes
Directions: From 295, Head South on Blanding, Right on Camp Francis Johnson, Left on Elmwood, Right on Balsamwood Court
Public Remarks: Don't miss out on this 3 bedroom, 2 bath home situated on an over sized lot located in the desirable community of Ridgecrest. New carpet, paint, lighting and appliances are just a few reasons to make the move today. This home features a brick wood burning fireplace in the living room with a bonus room on the back. Tucked away on a cul-de-sac but minutes away from restaurants and shopping.
List Price/SqFt: 110.21
Sold Price/SqFt: 109.11

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Entrance Foyer; Pantry; Primary Downstairs; Skylight(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Wood Siding Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac Fencing: Back Yard; Fenced; Wood Current Use: Residential 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: 2018-01-16

Location Tax and Legal

Street Number: 2412
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: 2023-11-14T07:55:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-02-26T18:08:10Z
Purchase Contract Date: 2018-02-27
Close Date: 2018-04-06
Close Price: 188000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Bay/Bow Window(s): Y, Fireplace-Living Room: Y
Public Historical Remarks 2: Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Fireplace Mantle: Y, Brick Fireplace: Y

Room Information

Room Name
Utility Room

Listing Office: TRADITIONS REALTY LLC

Last Updated: February - 25 - 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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