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.

338 ISLAND VIEW Circle, Orange Park, FL 32073 (MLS# 887741)

338 ISLAND VIEW Circle, Orange Park, FL 32073

$234,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,904 Status: Closed

Current Price: $234,000 List Date: 7/23/2017 Last Modified: 1/19/2026

Overview

Description

Absolutely stunning pool home in the heart of Orange Park! This meticulously maintained home is fantastic for entertaining and enjoying all the out door living Florida has to offer just in time for summer! Split bedroom floor plan, wood flooring, granite counter tops, the over sized master suite offers a big bonus room that is attached that would be great for an office or sitting room. This home is in an active community conveniently located near schools and shopping and steps from the lake.

Listing Details MLS# 887741

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1904
Living Area Source: Public Records
Year Built: 1996
Association YN: Yes
Association Fee: 165.3
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: I-295 S toward Exit 12 toward Collins Rd left onto Rampart Rd right onto Argyle Forest left onto Cheswick Oak Ave left onto Golden Pond left onto Island View Cir
Public Remarks: Absolutely stunning pool home in the heart of Orange Park! This meticulously maintained home is fantastic for entertaining and enjoying all the out door living Florida has to offer just in time for summer! Split bedroom floor plan, wood flooring, granite counter tops, the over sized master suite offers a big bonus room that is attached that would be great for an office or sitting room. This home is in an active community conveniently located near schools and shopping and steps from the lake.
List Price/SqFt: 126
Sold Price/SqFt: 122.9

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Patio And Porch Features: Covered; Front Porch; Patio; Screened Pool Features: In Ground Roof: Shingle Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Waterfront Features: Pond Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-06-19

Location Tax and Legal

Street Number: 338
Street Name: ISLAND VIEW
Street Suffix: Circle
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Spencers Lake

Status Change Information

Major Change Timestamp: 2017-10-23T15:40:09Z
Major Change Type: Status Change
Purchase Contract Date: 2017-09-09
Close Date: 2017-10-12
Close Price: 234000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Water Access: Y
Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y, Fenced Partial: Y

Room Information

Room Name
Family Room
Great Room

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: January - 19 - 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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