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.

3646 LOANGO Road, Orange Park, FL 32065 (MLS# 1185416)

3646 LOANGO Road, Orange Park, FL 32065

$120,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 924 Status: Closed

Current Price: $120,000 List Date: 8/08/2022 Last Modified: 9/30/2026

Overview

Description

Cute Cottage Style home on a large city lot with fenced yard. Remodeled interior feels like a beach side cottage. Home boasts shiplap walls, large dressing room and master bath, farmhouse sink, indoor laundry and much more. Conveniently located close to area shopping, schools, and employment opportunities.

Listing Details MLS# 1185416

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 924
Living Area Source: Public Records
Year Built: 1974
Association YN: No
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Take Blanding Blvd N to a right on Parkridge Ave to a right on College Dr to a left on Peoria Rd to a left on Loango Rd to property on the left.
Public Remarks: Cute Cottage Style home on a large city lot with fenced yard. Remodeled interior feels like a beach side cottage. Home boasts shiplap walls, large dressing room and master bath, farmhouse sink, indoor laundry and much more. Conveniently located close to area shopping, schools, and employment opportunities.
List Price/SqFt: 135.17
Sold Price/SqFt: 129.87

Property Features

Approx Parcel Size: .25 to .5 Acre Appliances: Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Interior Features: Eat-in Kitchen; Primary Bathroom - Shower No Tub; Split Bedrooms Flooring: Carpet; Laminate; Vinyl Cooling: Wall/Window Unit(s) Heating: Other Water Source: Public Sewer: Septic Tank Construction Materials: Aluminum Siding; Frame Other Structures: Shed(s) Patio And Porch Features: Front Porch Pool Features: None Roof: Metal Parking Features: Other Fencing: Fenced; Full Current Use: Manufactured Home; Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Mobile Home
Property Attached YN: No
Listing Contract Date: 2022-08-07

Location Tax and Legal

Street Number: 3646
Street Name: LOANGO
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Minature Acres

Status Change Information

Major Change Timestamp: 2022-10-10T17:40:50Z
Major Change Type: Status Change
Purchase Contract Date: 2022-08-19
Close Date: 2022-10-06
Close Price: 120000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y

Room Information

Room Name
Utility Room

Listing Office: THORNTON & CO REALTY INC

Last Updated: September - 30 - 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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