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.

2750 CEDARCREST Drive, Orange Park, FL 32073 (MLS# 2134427)

2750 CEDARCREST Drive, Orange Park, FL 32073

$355,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,484 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $355,000 List Date: 3/11/2026 Last Modified: 5/29/2026

Overview

Description

Charming split-level brick home on a tree-lined street near Doctor's Lake. BRAND NEW ROOF and WATER HEATER! (2026) Travertine, tile & LVP flooring throughout - no carpet! All appliances convey: Kitchen, Kitchenette, Washer, Dryer & Shed. Side-Entry 2-Car Garage with separate laundry room, screened porch, and a large fenced lot. Entry level from Garage has a large bedroom, a full bathroom w/ walk-in shower and a kitchenette - great for an in-law suite or multifamily situation. The main floor features a large eat-in kitchen with stainless appliances, a generously sized living room with brick fireplace and hearth and a formal dining room. Upstairs are 4 large bedrooms and 2 fully renovated bathrooms, including the owner's suite. This home has been owned and lovingly maintained by the same family for almost 60 years! Now it's ready for your next chapter! Around the corner from Lakeside Elementary, Lakeside Jr High, St Johns Country Day School and the YMCA. No restrictions, HOA or CDD fees!

Listing Details MLS# 2134427

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2484
Living Area Source: Assessor
Year Built: 1967
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.29
Lot Size Dimensions: 111'x111'
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: I-295 to South on Blanding Blvd. Left on Suzanne Ave. Left on Moody Ave. Right on Cedarcrest. Home on Right.
Public Remarks: Charming split-level brick home on a tree-lined street near Doctor's Lake. BRAND NEW ROOF and WATER HEATER! (2026) Travertine, tile & LVP flooring throughout - no carpet! All appliances convey: Kitchen, Kitchenette, Washer, Dryer & Shed. Side-Entry 2-Car Garage with separate laundry room, screened porch, and a large fenced lot. Entry level from Garage has a large bedroom, a full bathroom w/ walk-in shower and a kitchenette - great for an in-law suite or multifamily situation. The main floor features a large eat-in kitchen with stainless appliances, a generously sized living room with brick fireplace and hearth and a formal dining room. Upstairs are 4 large bedrooms and 2 fully renovated bathrooms, including the owner's suite. This home has been owned and lovingly maintained by the same family for almost 60 years! Now it's ready for your next chapter! Around the corner from Lakeside Elementary, Lakeside Jr High, St Johns Country Day School and the YMCA. No restrictions, HOA or CDD fees!
List Price/SqFt: 140.86
Sold Price/SqFt: 142.91

Property Features

Architectural Style: Multi Generational Levels: Multi/Split Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Eat-in Kitchen; Entrance Foyer; In-Law Floorplan Flooring: Tile; Vinyl; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Fencing: Back Yard Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-11

Location Tax and Legal

Street Number: 2750
Street Name: CEDARCREST
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Lakeside Estates

Status Change Information

Major Change Timestamp: 2026-05-29T21:20:11Z
Major Change Type: Status Change
Price Change Timestamp: 2026-04-24T18:12:12Z
Purchase Contract Date: 2026-04-29
Close Date: 2026-05-29
Close Price: 355000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: WATSON REALTY CORP

Last Updated: May - 29 - 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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