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.

294 LEE Drive, Orange Park, FL 32073 (MLS# 2125668)

294 LEE Drive, Orange Park, FL 32073

$840

Property Type: Residential Lease Bedrooms: 1 Baths: 1 Square Footage: 1,104 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $840 List Date: 1/17/2026 Last Modified: 3/23/2026

Overview

Description

ROOM ONLY FOR RENT only available from week to week or Month to Month. Walking distance to Orange Park Mall and Restaurant and Shopping. Week to week is $175 or Monthly is $700 for 1 person. 2 People is $250 per week or $900 per month. Room can be 2 single beds or 1 double. Must pass background check. Internet, Electric, water included. Shared bathroom, Must have very high clean standards and must take off shoes before entering home. If you are looking for a peaceful and quiet place to live this is it. Must provide 2 forms of government ID.

Listing Details MLS# 2125668

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1104
Living Area Source: Appraiser
Year Built: 1963
Lot Size Acres: 0.19
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Senior Community YN: No
Directions: As you are passing Orange Park Mall will be on your left hand side heading towards Middleburg. You will see a church on the right hand side as you pass OPM. Turn right before Jiffy Lube. Your first Right will be Lee Dr. House will be on the Right side
Public Remarks: ROOM ONLY FOR RENT only available from week to week or Month to Month. Walking distance to Orange Park Mall and Restaurant and Shopping. Week to week is $175 or Monthly is $700 for 1 person. 2 People is $250 per week or $900 per month. Room can be 2 single beds or 1 double. Must pass background check. Internet, Electric, water included. Shared bathroom, Must have very high clean standards and must take off shoes before entering home. If you are looking for a peaceful and quiet place to live this is it. Must provide 2 forms of government ID.
List Price/SqFt: 0.63
Sold Price/SqFt: 0.76

Property Features

Additional Lease Terms: Weekly; Month To Month Owner Pays: Association Fees; Common Area Maintenance; Electricity; Exterior Maintenance; Grounds Care; Hot Water; HVAC Maintenance; Pest Control; Repairs; Sewer; Trash Collection; Water Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven Interior Features: Ceiling Fan(s); Eat-in Kitchen; Primary Bathroom - Shower No Tub Water Source: Public Parking Features: Unassigned Sewer: Public Sewer Utilities: Electricity Connected Cooling: Central Air Heating: Heat Pump Electric: 150 Amp Service Rent Includes: All Utilities Pets Allowed: Call

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/2pA-v-Y
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-01-17
Lease Term: Weekly
Availability Date: 2026-01-19

Location Tax and Legal

Street Number: 294
Street Name: LEE
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2026-03-23T16:08:27Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-06T19:24:54Z
Purchase Contract Date: 2026-03-23
Close Date: 2026-03-23
Close Price: 840

Deposits and Fees

Application Fee: 50

More Information

Listing Office: BWEALTHY REALTY LLC

Last Updated: March - 23 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare