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.

2924 BIG BURN Court, Orange Park, FL 32065 (MLS# 1053562)

2924 BIG BURN Court, Orange Park, FL 32065

$245,990

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,086 Status: Closed

Current Price: $245,990 List Date: 5/15/2020 Last Modified: 9/30/2026

Overview

Description

Dream Finders Homes Models are OPEN!—READY NOW!!—4 bedrooms/2 baths/3 CAR garage on oversized cul-de-sac lot. Ft. Caroline floorplan. Stainless steel appliances, blinds, updgraded cabinets, flooring, and countertops. This home also features a flex room and covered lanai. Vaulted ceilings in the great room/kitchen helps highlight the 42'' cabinets and granite countertops in the kitchen. Upgraded tile throughout the foyer, great room, kitchen, cafe, and both bathrooms. Professionally landscaped yard with full sod and sprinkler system.

Supplements: Located in one of the fastest growing areas in Northeast Florida, Somerset has convenient access to 295 and SR 23 allowing homeowners a quick commute to Downtown Jacksonville, the Naval Air Station, Oakleaf Plantation and in time the St. Augustine area. Living in this community gives homeowners the best of both worlds; Just moments away from Oakle ... (Read more)

Listing Details MLS# 1053562

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2086
Living Area Source: Plans
Year Built: 2020
Lot Size Dimensions: 14,868 sqft
Association YN: No
Association Fee: 526
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I-295S: Take exit 12 to FL-21/Blanding Blvd. Continue 5 miles. Turn right onto Cleveland Ave. Continue approximately 1 mile, turn left onto Washington Ave. The community will be on your left
Public Remarks: Dream Finders Homes Models are OPEN!—READY NOW!!—4 bedrooms/2 baths/3 CAR garage on oversized cul-de-sac lot. Ft. Caroline floorplan. Stainless steel appliances, blinds, updgraded cabinets, flooring, and countertops. This home also features a flex room and covered lanai. Vaulted ceilings in the great room/kitchen helps highlight the 42'' cabinets and granite countertops in the kitchen. Upgraded tile throughout the foyer, great room, kitchen, cafe, and both bathrooms. Professionally landscaped yard with full sod and sprinkler system.
List Price/SqFt: 119.84
Sold Price/SqFt: 117.92

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Programmable Thermostat Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard; Vinyl Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-05-15

Location Tax and Legal

Street Number: 2924
Street Name: BIG BURN
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Somerset

Status Change Information

Major Change Timestamp: 2020-07-24T22:24:40Z
Major Change Type: Status Change
Purchase Contract Date: 2020-06-08
Close Date: 2020-07-13
Close Price: 245990

Historical Information

Public Historical Remarks 1: Structure Builder: Dream Finders Homes, Seller May Pay Closing: Y
Public Historical Remarks 2: Interior Amenities-Sliding Glass Door(s): Y, Structure Slab: Y

More Information

Room Information

Room Name
Office

Listing Office: DREAM FINDERS REALTY LLC

Last Updated: September - 30 - 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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