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.

28 NEIGHBORS COVE Road, Orange Park, FL 32065 (MLS# 2110807)

28 NEIGHBORS COVE Road, Orange Park, FL 32065

$224,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,064 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $224,900 List Date: 1/02/2026 Last Modified: 1/02/2026

Overview

Description

Recently renovated home on an acre of land in desirable Orange Park! Property features new roof in 2024, brand new kitchen with granite countertops and new stainless steel appliances, new flooring throughout, new fixtures, fresh interior and exterior paint and more! Enjoy large covered front porch and 16x16 storage shed. Schedule your showing today!

Listing Details MLS# 2110807

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1064
Living Area Source: Public Records
Year Built: 1999
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: Yes
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Blanding Blvd, S to R on Oak Ln. L on Neighbors Cove Rd., 32 on the R
Public Remarks: Recently renovated home on an acre of land in desirable Orange Park! Property features new roof in 2024, brand new kitchen with granite countertops and new stainless steel appliances, new flooring throughout, new fixtures, fresh interior and exterior paint and more! Enjoy large covered front porch and 16x16 storage shed. Schedule your showing today!
List Price/SqFt: 211.37
Sold Price/SqFt: 211.37

Property Features

Appliances: Electric Oven; Microwave; Refrigerator Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Shared Well Sewer: Septic Tank Parking Features: Other Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Mobile Home
Property Attached YN: No
Listing Contract Date: 2025-09-26

Location Tax and Legal

Street Number: 28
Street Name: NEIGHBORS COVE
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Orange Park

Status Change Information

Major Change Timestamp: 2026-01-02T02:38:12Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-09
Close Date: 2025-11-26
Close Price: 224900

DPR Eligible

DPR Eligible: No

More Information

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Last Updated: January - 02 - 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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