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.

331 NEPTUNE Road, Orange Park, FL 32073 (MLS# 2107734)

331 NEPTUNE Road, Orange Park, FL 32073

$175,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,653 Lot Size (sq. ft.): 13,504 Status: Pending

Current Price: $175,000 List Date: 9/08/2025 Last Modified: 1/07/2026

Overview

Description

SHORT SALE!! SHORT SALE!! Seller accepting CASH ONLY!! MULTIPLE OFFERS!! HIGHEST AND BEST DUE BY FRIDAY, 9/26/2025 AT 10 AM. Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders. 3 bedroom, 2 bath home.

Listing Details MLS# 2107734

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1653
Living Area Source: Assessor
Year Built: 1973
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.31
Association YN: No
CDD Fee YN: No
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: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: Take Blanding south to Blairmore, turn right on Corona rd, right on Aries dr, left on Neptune rd and take all the way to the point of the cornerlot on the right
Public Remarks: SHORT SALE!! SHORT SALE!! Seller accepting CASH ONLY!! MULTIPLE OFFERS!! HIGHEST AND BEST DUE BY FRIDAY, 9/26/2025 AT 10 AM. Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders. 3 bedroom, 2 bath home.
List Price/SqFt: 105.87

Property Features

Architectural Style: Ranch Levels: One Property Condition: Fixer Appliances: None Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Parking Features: Attached; Garage Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-05

Location Tax and Legal

Street Number: 331
Street Name: NEPTUNE
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2025-10-10T13:38:15Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-09

DPR Eligible

DPR Eligible: No

More Information

Listing Office: 7 STAR REALTY, INC.

Last Updated: January - 07 - 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.