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.

3126 PEORIA, Orange Park, FL 32065 (MLS# 2039572)

3126 PEORIA, Orange Park, FL 32065

$570,000

Property Type: Residential Income Bedrooms: 12 Baths: 6 Square Footage: 4,200 Lot Size (sq. ft.): 118,483 Status: Closed

Current Price: $570,000 List Date: 7/29/2024 Last Modified: 10/15/2026

Overview

Description

Amazing opportunity to purchase a turnkey six unit mobile home park on almost three acres in a great location. This mobile home park presents an excellent opportunity for investors seeking a reliable income stream. All units have been renovated and have long term tenants on month-to-month leases.

Listing Details MLS# 2039572

General Property Information

Number Of Units Total: 6
Bedrooms Total: 12
Bathrooms Total: 6
Bathrooms Full: 6
Living Area: 4200
Living Area Source: Estimated
New Construction YN: No
Year Built: 1979
Garage YN: No
Carport YN: No
Lot Size Acres: 2.72
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Directions: From US17, head south to right on kingsley. Left on Doctors Lake and right on Peoria.
Public Remarks: Amazing opportunity to purchase a turnkey six unit mobile home park on almost three acres in a great location. This mobile home park presents an excellent opportunity for investors seeking a reliable income stream. All units have been renovated and have long term tenants on month-to-month leases.
List Price/SqFt: 140.48
Sold Price/SqFt: 135.71

Property Features

Cooling: Wall/Window Unit(s) Current Use: Manufactured Home Heating: Electric Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Off Street Pool Features: None Possession: Close Of Escrow; Subject To Tenant Rights Utilities: Electricity Connected; Water Connected Contingency Reason: Inspection

Contract Information

Listing Contract Date: 2024-07-29
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 3126
Street Name: PEORIA
County: Clay
State: FL
Postal Code: 32065
Subdivision Name: Doctors Lake
MLS Area Major: 133-North Orange Park

Status Change Information

Major Change Timestamp: 2024-09-12T19:30:07Z
Major Change Type: Status Change
Purchase Contract Date: 2024-08-07
Close Date: 2024-09-12
Close Price: 570000

Unit 1 Details

Unit ID: 3104
Actual Rent: 1250
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

More Information

Unit 2 Details

Unit ID: 3124
Actual Rent: 925
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

Unit 3 Details

Unit ID: 3126
Actual Rent: 925
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

Unit 4 Details

Unit ID: 3128
Actual Rent: 900
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

Unit 5 Details

Unit ID: 3130
Actual Rent: 975
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

Unit 6 Details

Unit ID: 3132
Actual Rent: 900
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: N/A

Listing Office: COWFORD REALTY & DESIGN LLC

Last Updated: October - 15 - 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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