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.

340 Foxridge Road, Orange Park, FL 32065 (MLS# 707891)

340 Foxridge Road, Orange Park, FL 32065

$120,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,907 Status: Closed

Current Price: $120,000 List Date: 3/10/2014 Last Modified: 12/22/2025

Overview

Description

All brick home in Foxridge. Formal living, dining and family rooms. Fireplace, screened patio and fenced yard. 2 car courtyard entry garage. No HOA fees in this community. Owned by Secretary of Veteran Affairs and sold as is.

Listing Details MLS# 707891

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1907
Living Area Source: Public Records
Year Built: 1980
Lot Size Dimensions: .32 acre
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I-295, S on Blanding, R on Foxridge Rd, Left at stop sign to continue on Foxridge Rd, Left to continue on Foxridge Rd to home on Right.
Public Remarks: All brick home in Foxridge. Formal living, dining and family rooms. Fireplace, screened patio and fenced yard. 2 car courtyard entry garage. No HOA fees in this community. Owned by Secretary of Veteran Affairs and sold as is.
List Price/SqFt: 62.93
Sold Price/SqFt: 62.93

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Electric Water Heater Fireplace Features: Wood Burning Interior Features: Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick Patio And Porch Features: Covered; Front Porch; Patio; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard; 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: 2014-03-10

Location Tax and Legal

Street Number: 340
Street Name: Foxridge
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Foxridge

Status Change Information

Major Change Timestamp: 2023-11-13T18:27:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2014-04-11T21:46:07Z
Purchase Contract Date: 2014-04-14
Close Date: 2014-05-14
Close Price: 120000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Energy Features-Forced Air: Y, Dining-Living/Dining Combo: Y, Interior Amenities-French Door(s): Y, Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, See ShowingAssist, See Private Remarks, Vacant -Lockbox

Room Information

Room Name
Family Room

Documents

VA Offer Form ›

Offer Instructions ›

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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