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.

304 DUNWOODIE Road, Orange Park, FL 32073 (MLS# 1204624)

304 DUNWOODIE Road, Orange Park, FL 32073

$134,800

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 864 Status: Closed

Current Price: $134,800 List Date: 12/16/2022 Last Modified: 1/12/2026

Overview

Description

Very affordable in the heart of Orange Park. Home needs work and can be a great home once renovated. Big Back yard and close to everything. Inspections to be performed before making an offer, Escrow is due 24 hours after offer acceptance. Cash or hard money only but may consider conventional financing. Seller did not live i home and there is no seller disclosure. Seller thinks the roof was replaced in 2017 as well as the new bathroom. Floors are newer. To the best of sellers knowledge the washer and dryer are functionable.

Listing Details MLS# 1204624

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 864
Living Area Source: Public Records
Year Built: 1962
Association YN: No
CDD Fee YN: No
New Construction YN: No
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From 295 Go South On 21/Blanding Blvd. Left on Parkwood Dr Left on Dunwoodie and Home will be on the left
Public Remarks: Very affordable in the heart of Orange Park. Home needs work and can be a great home once renovated. Big Back yard and close to everything. Inspections to be performed before making an offer, Escrow is due 24 hours after offer acceptance. Cash or hard money only but may consider conventional financing. Seller did not live i home and there is no seller disclosure. Seller thinks the roof was replaced in 2017 as well as the new bathroom. Floors are newer. To the best of sellers knowledge the washer and dryer are functionable.
List Price/SqFt: 150.35
Sold Price/SqFt: 156.02

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Electric Water Heater Interior Features: Primary Downstairs Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Pool Features: None Roof: Shingle Fencing: Fenced; Full Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-12-14

Location Tax and Legal

Street Number: 304
Street Name: DUNWOODIE
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2023-01-04T16:39:46Z
Major Change Type: Status Change
Purchase Contract Date: 2022-12-16
Close Date: 2022-12-29
Close Price: 134800

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y

Documents

Lead Base Paint ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 12 - 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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