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.

2989 DOCTORS LAKE Drive, Orange Park, FL 32073 (MLS# 1237879)

2989 DOCTORS LAKE Drive, Orange Park, FL 32073

$535,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,910 Status: Closed

Current Price: $535,000 List Date: 7/21/2023 Last Modified: 4/29/2026

Overview

Description

Welcome Home to this spacious traditional home on the prestigious Doctors Lake Drive! Large elegant 2 story home set back on a generous wooded lot with a long welcoming circular drive offering plenty of parking for entertaining. Kitchen and Baths recently updated. Beautiful floors throughout with absolutely no carpet! Plenty of room for a pool. Bring your toys, in addition to the 2 car garage there is plenty of room for RV or Boat parking. The spacious Primary Suite is on the main floor with a huge custom closet and beautiful bathroom. Upstairs there are three more large bedrooms, all with walk in closets and an office on the main floor that could easily be a fifth bedroom. One of the bedrooms is currently being used as a library with a wine room. Come see this incredible home today!

Listing Details MLS# 1237879

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2910
Living Area Source: Public Records
Year Built: 2002
Association YN: No
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories: 2
Entry Level: Yes
Directions: From Park Ave go West on Kingsley Ave. Turn Left onto Doctors Lake Drive and go 2 miles. Home is on the Left at the corner of Endeavor Ct.
Public Remarks: Welcome Home to this spacious traditional home on the prestigious Doctors Lake Drive! Large elegant 2 story home set back on a generous wooded lot with a long welcoming circular drive offering plenty of parking for entertaining. Kitchen and Baths recently updated. Beautiful floors throughout with absolutely no carpet! Plenty of room for a pool. Bring your toys, in addition to the 2 car garage there is plenty of room for RV or Boat parking. The spacious Primary Suite is on the main floor with a huge custom closet and beautiful bathroom. Upstairs there are three more large bedrooms, all with walk in closets and an office on the main floor that could easily be a fifth bedroom. One of the bedrooms is currently being used as a library with a wine room. Come see this incredible home today!
List Price/SqFt: 189
Sold Price/SqFt: 183.85

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Multi Generational; Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Trash Compactor; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Nook; Butler Pantry; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Propane Cooling: Central Air Heating: Central Water Source: Well Sewer: Private Sewer Smart Home Features: Bulbs; Security Green Energy Efficient: Lighting; Windows Green Water Conservation: Green Infrastructure Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame; Stucco Other Structures: Shed(s) Patio And Porch Features: Deck; Front Porch; Patio; Porch; Screened; Wrap Around Pool Features: None Roof: Shingle Parking Features: Additional Parking; Attached; Circular Driveway; Garage; Garage Door Opener; Guest Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear; Wooded View: Water Fencing: Back Yard; Fenced; Wood; Other Current Use: Residential; Single Family Association Amenities: Laundry Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-07-17

Location Tax and Legal

Street Number: 2989
Street Name: DOCTORS LAKE
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 137-Doctor's Lake
Subdivision Name: Lakeside Estates

Status Change Information

Major Change Timestamp: 2023-08-31T15:51:16Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-02
Close Date: 2023-08-30
Close Price: 535000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Fireplace-Living Room: Y, Structure Off Grade: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Wine Cellar: Y, Garden: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y, Side Entry Garage: Y, Oversize Garage/Storage: Y, Fireplace Mantle: Y, Tile Fireplace: Y

Room Information

Room Name
Living Room
Florida Room
Office
Utility Room

Documents

Survey on File ›

Floor Plans on File ›

Listing Office: MARGANON REAL ESTATE FIRM

Last Updated: April - 29 - 2026

Information deemed reliable but not guaranteed.