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.

297 AURIGA Drive, Orange Park, FL 32073 (MLS# 1246265)

297 AURIGA Drive, Orange Park, FL 32073

$200,000

breakfast nook looking back into kitchen

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,432 Status: Closed

Current Price: $200,000 List Date: 9/06/2023 Last Modified: 10/19/2026

Overview

Description

Home located in highly sought after neighborhood, priced to sell! New roof in 2022, plumbing updated this year, new water heater in 2022, ready for a new owner to make this home their own! 3 bedrooms, 1.5 baths, spacious layout, large kitchen, bonus room perfect for a home office, and a second living room with fireplace, and a large backyard. Washer and dryer hookups inside. Just minutes to the Orange Park Mall, Argyle Forest Shopping Center, multiple schools, hospital, and major transportation routes, the possibilities are endless. No HOA or CDD fees. Terrazzo floors under carpet.

Listing Details MLS# 1246265

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1432
Living Area Source: Public Records
Year Built: 1966
Association YN: No
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From i295, south on Blanding blvd, right on Arora blvd, right on E Canis Dr, right on Mercury Dr, right on Centura Dr, house on left
Public Remarks: Home located in highly sought after neighborhood, priced to sell! New roof in 2022, plumbing updated this year, new water heater in 2022, ready for a new owner to make this home their own! 3 bedrooms, 1.5 baths, spacious layout, large kitchen, bonus room perfect for a home office, and a second living room with fireplace, and a large backyard. Washer and dryer hookups inside. Just minutes to the Orange Park Mall, Argyle Forest Shopping Center, multiple schools, hospital, and major transportation routes, the possibilities are endless. No HOA or CDD fees. Terrazzo floors under carpet.
List Price/SqFt: 139.66
Sold Price/SqFt: 139.66

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator; Water Softener Rented Fireplace Features: Wood Burning Interior Features: Breakfast Nook; Primary Downstairs Flooring: Carpet; Terrazzo Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Dishwasher; Oven; Refrigerator; Stove Construction Materials: Block; Brick Veneer Pool Features: None Roof: Shingle Parking Features: Additional Parking Fencing: Back Yard; Fenced; Wood 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: 2023-09-06

Location Tax and Legal

Street Number: 297
Street Name: AURIGA
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Cedar Bend

Status Change Information

Major Change Timestamp: 2023-10-13T12:33:37Z
Major Change Type: Status Change
Purchase Contract Date: 2023-09-10
Close Date: 2023-10-12
Close Price: 200000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Storage Room: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y, Interior Amenities-Sliding Glass Door(s): Y, Fenced Partial: Y

Room Information

Room Name
Living Room
Family Room
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: October - 19 - 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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