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.

2511 Shalimar Lane, Orange Park, FL 32073 (MLS# 630619)

2511 Shalimar Lane, Orange Park, FL 32073

$96,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,283 Status: Closed

Current Price: $96,000 List Date: 10/26/2012 Last Modified: 12/22/2025

Overview

Description

Fantastic opportunity for the home owner willing to sweat a little. This terrific Doctors Lake community is so convenient. 4 bedroom ranch home with pool. Near schools, shopping and more. Corporate owned, sellers addendum's provided with accepted offer. Bank of America or Merrill Lynch prequal required. Convention, FHA 203k.

Listing Details MLS# 630619

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2283
Living Area Source: Public Records
Year Built: 1979
Lot Size Dimensions: 116x194
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Kingsley to Doctors Lake Drive, follow Doctors Lake to Shalimar, turn left and follow to 2511 on left.
Public Remarks: Fantastic opportunity for the home owner willing to sweat a little. This terrific Doctors Lake community is so convenient. 4 bedroom ranch home with pool. Near schools, shopping and more. Corporate owned, sellers addendum's provided with accepted offer. Bank of America or Merrill Lynch prequal required. Convention, FHA 203k.
List Price/SqFt: 48.36
Sold Price/SqFt: 42.05

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: Breakfast Nook; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Well Sewer: Septic Tank Security Features: Smoke Detector(s) Construction Materials: Frame; Wood Siding Patio And Porch Features: Front Porch; Patio; Screened Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard; Fenced; Wood; Other Current Use: Residential; Single Family Road Surface Type: Asphalt Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2012-07-25

Location Tax and Legal

Street Number: 2511
Street Name: Shalimar
Street Suffix: Lane
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 137-Doctor's Lake
Subdivision Name: Wadesboro Springs

Status Change Information

Major Change Timestamp: 2023-11-14T18:32:25Z
Major Change Type: Price Reduced
Price Change Timestamp: 2012-10-10T23:39:44Z
Purchase Contract Date: 2012-11-01
Close Date: 2012-11-30
Close Price: 96000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y
Public Historical Remarks 2: Energy Features-Ridge Vents: Y, Energy Features-Forced Air: Y, Side Entry Garage: Y, Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, See ShowingAssist, See Private Remarks

Room Information

Room Name
Living Room
Family Room
Utility Room

Documents

Offer Instructions ›

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