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.

2833 HOMESTEAD Road, Orange Park, FL 32065 (MLS# 2120495)

2833 HOMESTEAD Road, Orange Park, FL 32065

$1,650

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $1,650 List Date: 12/05/2025 Last Modified: 1/09/2026

Overview

Description

This charming home features three bedrooms and two bathrooms, offering a comfortable and spacious living environment. The well-designed layout includes a cozy living room, perfect for relaxation and entertaining guests. The kitchen is equipped with ample counter space, making meal preparation a breeze.. This home also has a nice 2 car garage.

Listing Details MLS# 2120495

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1500
Living Area Source: Public Records
Year Built: 1984
Lot Size Acres: 0.22
Association YN: No
Accessibility Features 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
Stories Total: Yes
Senior Community YN: No
Directions: From I-295, South on Blanding Blvd, Left on College, Right on Jefferson, Left on Homestead, Home is on the left
Public Remarks: This charming home features three bedrooms and two bathrooms, offering a comfortable and spacious living environment. The well-designed layout includes a cozy living room, perfect for relaxation and entertaining guests. The kitchen is equipped with ample counter space, making meal preparation a breeze.. This home also has a nice 2 car garage.
List Price/SqFt: 1.1
Sold Price/SqFt: 1.1

Property Features

Owner Pays: None Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Entrance Foyer; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Patio And Porch Features: Patio Water Source: Public Parking Features: Garage Sewer: Public Sewer Security Features: Security System Owned Fencing: Back Yard Utilities: Cable Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Tenant Pays: All Utilities

Contract Information

Rental Service: Other
Rental Application URL: https://www.vanguardgurus.com/apply.asp?tid=46647090
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-12-04
Lease Term: 12 Months

Location Tax and Legal

Street Number: 2833
Street Name: HOMESTEAD
Street Suffix: Road
State: FL
County: Clay
Postal Code: 32065
MLS Area Major: 138-Tanglewood
Subdivision Name: Tanglewood Village

Status Change Information

Major Change Timestamp: 2026-01-09T20:35:47Z
Major Change Type: Status Change
Purchase Contract Date: 2025-12-10
Close Date: 2025-12-24
Close Price: 1650

Deposits and Fees

Additional Fee: 100
Application Fee: 55
Pet Fee/Deposit: 250
Security Deposit: 1650

More Information

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: January - 09 - 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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