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.

2614 LOOPRIDGE Drive, Orange Park, FL 32065 (MLS# 832526)

2614 LOOPRIDGE Drive, Orange Park, FL 32065

$241,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,072 Status: Closed

Current Price: $241,000 List Date: 6/10/2016 Last Modified: 1/18/2026

Overview

Description

Don't miss this fabulous POOL home! This extremely well-maintained home has a large screened-in patio that is perfect for entertaining. The kitchen was completely remodeled in August of 2015. It features stainless steel appliances, plenty of cabinet space, and solid surface countertops. Additionally, there is a separate 16X32 air conditioned storage shed and workshop.

Listing Details MLS# 832526

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2072
Living Area Source: Public Records
Year Built: 1985
Homestead YN: Yes
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: Heading south on Blanding Blvd., turn right on Camp Francis Johnson. At stop sign, turn left on Bottom Ridge, turn left on Lakeridge, then turn right on Loopridge.
Public Remarks: Don't miss this fabulous POOL home! This extremely well-maintained home has a large screened-in patio that is perfect for entertaining. The kitchen was completely remodeled in August of 2015. It features stainless steel appliances, plenty of cabinet space, and solid surface countertops. Additionally, there is a separate 16X32 air conditioned storage shed and workshop.
List Price/SqFt: 115.83
Sold Price/SqFt: 116.31

Property Features

Approx Parcel Size: .25 to .5 Acre Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Primary Bathroom - Tub with Shower; Split Bedrooms Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Patio And Porch Features: Patio; Screened Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard Current Use: Residential; Single Family Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-06-10

Location Tax and Legal

Street Number: 2614
Street Name: LOOPRIDGE
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Foxridge

Status Change Information

Major Change Timestamp: 2016-07-29T14:38:55Z
Major Change Type: Status Change
Purchase Contract Date: 2016-06-15
Close Date: 2016-07-28
Close Price: 241000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 3: Occupant Type: Appointment, See ShowingAssist, Call Listing Office, Occupied - Lockbox

Room Information

Room Name
Utility Room

Documents

Survey ›

Sellers' Property Disclosure ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: January - 18 - 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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