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.

320 EDSON Drive, Orange Park, FL (MLS# 762919)

320 EDSON Drive, Orange Park, FL

$65,525

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 1,638 Status: Closed

Current Price: $65,525 List Date: 4/27/2015 Last Modified: 12/22/2025

Overview

Description

Here is a deal you can't refuse! 5 bedrooms, 2 baths, laminate and tile floors in main living areas. Updated kitchen and workshop in the back with full electric. Auction terms apply, sold as is, check web site for details.

Listing Details MLS# 762919

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1638
Living Area Source: Public Records
Year Built: 1964
Lot Size Dimensions: .19 acre
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Follow Blanding Blvd from I-295 to Edson, turn left onto Edson and follow to property
Public Remarks: Here is a deal you can't refuse! 5 bedrooms, 2 baths, laminate and tile floors in main living areas. Updated kitchen and workshop in the back with full electric. Auction terms apply, sold as is, check web site for details.
List Price/SqFt: 33.7
Sold Price/SqFt: 40

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Electric Water Heater Interior Features: Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Shower No Tub Flooring: Carpet; Laminate; Tile Cooling: None Heating: None Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Other Structures: Shed(s) Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Other Fencing: Back Yard; Chain Link; Fenced; Wood; Other Current Use: Residential; Single Family Road Surface Type: Asphalt Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-03-19

Location Tax and Legal

Street Number: 320
Street Name: EDSON
Street Suffix: Drive
County: Clay
State: FL
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Bellair

Status Change Information

Major Change Timestamp: 2023-11-14T19:31:40Z
Major Change Type: Price Change
Price Change Timestamp: 2015-04-27T19:13:14Z
Purchase Contract Date: 2015-03-30
Close Date: 2015-04-24
Close Price: 65525

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y
Public Historical Remarks 2: Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, See ShowingAssist, See Private Remarks

More Information

Room Information

Room Name
Living Room

Listing Office: REALTY WORLD EXECUTIVE GROUP

Last Updated: December - 22 - 2025

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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