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.

3136 CHESTNUT RIDGE Way, Orange Park, FL 32065 (MLS# 2166345)

3136 CHESTNUT RIDGE Way, Orange Park, FL 32065

$250,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,808 Lot Size (sq. ft.): 2,614 Status: Active

Current Price: $250,000 List Date: 9/25/2026 Last Modified: 11/01/2026

Overview

Description

New 2026 heat pump HVAC system and a third full bathroom set this Chestnut Ridge townhome apart at $250,000. This 3-bedroom, 3-bath home offers [square footage] square feet, with a full bath for every bedroom. The new Comfortmaker 15 SEER2 system includes a smart thermostat, hurricane-rated condenser pad and tie-downs, and a manufacturer's 10-year parts and compressor warranty [confirm transferability]. [Add one or two standout features: flooring, kitchen updates, patio, storage, HOA amenities.] Conveniently located in Orange Park with easy access to [Blanding Blvd / I-295 / shopping and dining]. Vacant and easy to show. Schedule your private tour today.

Listing Details MLS# 2166345

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1808
Living Area Source: Public Records
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.06
Association YN: Yes
Association Fee: 160
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1341.72
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Senior Community YN: No
Directions: FROM BLANDING BLVD. & I-295 GO SOUTH. RIGHT ON ARGYLE FOREST BLVD., LEFT ON BRANNAN FIELD RD, RIGHT AT 1st LIGHT on Oakleaf Plantation Blvd, 2nd Right on Southwood Way, right onto Chestnut Ridge Way.
Public Remarks: New 2026 heat pump HVAC system and a third full bathroom set this Chestnut Ridge townhome apart at $250,000. This 3-bedroom, 3-bath home offers [square footage] square feet, with a full bath for every bedroom. The new Comfortmaker 15 SEER2 system includes a smart thermostat, hurricane-rated condenser pad and tie-downs, and a manufacturer's 10-year parts and compressor warranty [confirm transferability]. [Add one or two standout features: flooring, kitchen updates, patio, storage, HOA amenities.] Conveniently located in Orange Park with easy access to [Blanding Blvd / I-295 / shopping and dining]. Vacant and easy to show. Schedule your private tour today.
List Price/SqFt: 138.27

Property Features

Levels: Two Appliances: Dishwasher; Dryer; Electric Oven; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Eat-in Kitchen; Open Floorplan; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Electricity Connected Cooling: Central Air Heating: Central Water Source: Public Patio And Porch Features: Screened Roof: Shingle Parking Features: Garage View: Pond Waterfront Features: Pond Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Playground; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2026-09-01

Location Tax and Legal

Street Number: 3136
Street Name: CHESTNUT RIDGE
Street Suffix: Way
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Chestnut Ridge

Status Change Information

Major Change Timestamp: 2026-10-26T19:11:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-26T19:11:06Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

CDD ›

Property Disclosure ›

Buy vs Rent – Conventional ›

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: November - 01 - 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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