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.

3516 LAWRENCE Road, Orange Park, FL 32073 (MLS# 2014098)

3516 LAWRENCE Road, Orange Park, FL 32073

$427,750

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 3,065 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $427,750 List Date: 3/14/2024 Last Modified: 12/17/2025

Overview

Description

Beautiful Doctors Lake water access pool home located in the established neighborhood, Pecan Cove! This brick pool home features four bedrooms and two baths. Walking into the large foyer located to the left is the formal living and dining room. Straight ahead on the right side of the home is the 4 bedrooms and two baths. The oversized primary bedroom is located at the end of the hall and has a private bath and walk-in closet. The primary bedroom has double doors that lead to the screened in porch, pool, and backyard area. The middle of the home has a living room with beams, double skylights, wood burning fireplace, and double doors that lead to the screened in porch. The kitchen has stainless steel appliances, a panty, and a breakfast nook that overlooks the pool and backyard. The large laundry room is located inside and has a door that leads to the pool and backyard area for easy access. The two car garage is insulated and has a split unit AC so it can be used as a workshop. The

Supplements: large screened in patio overlooks the pool and beautifully landscaped backyard. Home is located on a cul-de-sac street that ends at Doctors Lake. Take a short walk to the small community boat ramp and dock to enjoy fishing, or the sunrise and sunset views. The boat ramp is for exclusive use to Pecan Cove homeowners. The following items are all less ... (Read more)

Listing Details MLS# 2014098

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2103
Living Area Source: Appraiser
Building Area Total: 3065
Year Built: 1976
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 150
Association Fee Frequency: Annually
Association Name: Cove Club
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From I-295, S onto Hwy 17, right onto Kingsley Ave, Left onto Doctors Lake Rd Turn Left onto Lawrence Road. Home is on the right.
Public Remarks: Beautiful Doctors Lake water access pool home located in the established neighborhood, Pecan Cove! This brick pool home features four bedrooms and two baths. Walking into the large foyer located to the left is the formal living and dining room. Straight ahead on the right side of the home is the 4 bedrooms and two baths. The oversized primary bedroom is located at the end of the hall and has a private bath and walk-in closet. The primary bedroom has double doors that lead to the screened in porch, pool, and backyard area. The middle of the home has a living room with beams, double skylights, wood burning fireplace, and double doors that lead to the screened in porch. The kitchen has stainless steel appliances, a panty, and a breakfast nook that overlooks the pool and backyard. The large laundry room is located inside and has a door that leads to the pool and backyard area for easy access. The two car garage is insulated and has a split unit AC so it can be used as a workshop. The
List Price/SqFt: 202.09
Sold Price/SqFt: 203.4

Property Features

Architectural Style: Ranch Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Skylight(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric; Split System Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick; Wood Siding Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Full; Privacy; Wood Current Use: Residential; Single Family Association Amenities: Boat Dock; Boat Launch Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection