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.

2825 NEWCASTLE Drive, Orange Park, FL 32065 (MLS# 2009142)

2825 NEWCASTLE Drive, Orange Park, FL 32065

$296,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,726 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $296,000 List Date: 2/15/2024 Last Modified: 12/17/2025

Overview

Description

***Highest and Best By Tuesday 6PM***You don't want to miss this one. A 3 bedroom 2 bathroom home with an office with 1726 Sq. ft. The office could be turned into a 4th bedroom. In the much sought after Fox Chase Subdivision. This beautiful home has hardwood floors. Upgraded Kitchen with granite countertops. Gas Fireplace. 2 Car garage. New AC in 2022. Home is in great shape but needs some cosmetic TLC to make it your own. Priced accordingly. This will not be here long. Come see it today.

Listing Details MLS# 2009142

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1726
Living Area Source: Appraiser
Year Built: 1994
Lot Size Acres: 0.19
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: Yes
Senior Community YN: No
Directions: From 295 go south on Blanding Blvd. Go right onto Camp Francis Johnson Rd. Go right onto Newcastle.
Public Remarks: ***Highest and Best By Tuesday 6PM***You don't want to miss this one. A 3 bedroom 2 bathroom home with an office with 1726 Sq. ft. The office could be turned into a 4th bedroom. In the much sought after Fox Chase Subdivision. This beautiful home has hardwood floors. Upgraded Kitchen with granite countertops. Gas Fireplace. 2 Car garage. New AC in 2022. Home is in great shape but needs some cosmetic TLC to make it your own. Priced accordingly. This will not be here long. Come see it today.
List Price/SqFt: 173.81
Sold Price/SqFt: 171.49

Property Features

Architectural Style: Contemporary Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Gas Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Gas Flooring: Carpet; Tile; Wood Laundry Features: Gas Dryer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Roof: Shingle Parking Features: Garage; Garage Door Opener Fencing: Back Yard Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-02-15

Location Tax and Legal

Street Number: 2825
Street Name: NEWCASTLE
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Fox Chase

Status Change Information

Major Change Timestamp: 2024-03-21T19:42:31Z
Major Change Type: Status Change
Purchase Contract Date: 2024-02-20
Close Date: 2024-03-21
Close Price: 296000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Sellers Property Disclosure ›

Offer Instructions ›

Multiple offer notice ›

Listing Office: KELLER WILLIAMS FIRST COAST REALTY

Last Updated: December - 17 - 2025

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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