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.

2661 CARMEL Court B, Orange Park, FL 32065 (MLS# 2002521)

2661 CARMEL Court B, Orange Park, FL 32065

$146,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,036 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $146,000 List Date: 1/09/2024 Last Modified: 4/17/2026

Overview

Description

Great investment opportunity, 2 bedroom 2 bath duplex unit. Stone fireplace in family room, one car garage, fenced backyard, would make a great starter home or perfect for downsizing. Conveniently located in Orange Park within minutes of shopping and schools. Property is being offered as-is and the seller is not making any repairs.

Listing Details MLS# 2002521

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1036
Living Area Source: Public Records
Year Built: 1985
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Take Blanding Blvd to Jefferson Ave. to left on San Franciso, to right on Bay Hill to left on Carmel.
Public Remarks: Great investment opportunity, 2 bedroom 2 bath duplex unit. Stone fireplace in family room, one car garage, fenced backyard, would make a great starter home or perfect for downsizing. Conveniently located in Orange Park within minutes of shopping and schools. Property is being offered as-is and the seller is not making any repairs.
List Price/SqFt: 159.27
Sold Price/SqFt: 140.93

Property Features

Levels: One Property Condition: Fixer Appliances: Dishwasher; Electric Oven; Refrigerator Flooring: Carpet; Tile Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2024-01-09

Location Tax and Legal

Street Number: 2661
Street Name: CARMEL
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Bay Hill

Status Change Information

Major Change Timestamp: 2024-02-05T19:02:59Z
Major Change Type: Status Change
Purchase Contract Date: 2024-01-09
Close Date: 2024-01-24
Close Price: 146000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Seller's Disclosure ›

Listing Office: WATSON REALTY CORP

Last Updated: April - 17 - 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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