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.

375 GWINNETT Road, Orange Park, FL 32073 (MLS# 1082488)

375 GWINNETT Road, Orange Park, FL 32073

$165,000

Virtual Tour

https://www.homesandland.com/UnbrandedVirtualTour/?67744975&VirtualTourId=7756712

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,104 Status: Closed

Current Price: $165,000 List Date: 11/14/2020 Last Modified: 8/04/2026

Overview

Description

Check out this completely remodeled home on the hill! All of the major components of the home have been updated including a BRAND NEW roof, A/C (2018) , brand new water heater, as well as updated electrical and plumbing in 2007. The kitchen has been remodeled and includes granite countertops, stainless steel appliances and a stainless sink, as well as under cabinet lightning to highlight the beautiful tile backsplash. This home features three bedrooms and 1.5 baths. Come see it today!

Listing Details MLS# 1082488

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1104
Living Area Source: Measured
Year Built: 1962
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Blanding Blvd turn East onto Woodside Dr. Go to the last road and turn left on Gwinnett Road. Home will be on the left.
Public Remarks: Check out this completely remodeled home on the hill! All of the major components of the home have been updated including a BRAND NEW roof, A/C (2018) , brand new water heater, as well as updated electrical and plumbing in 2007. The kitchen has been remodeled and includes granite countertops, stainless steel appliances and a stainless sink, as well as under cabinet lightning to highlight the beautiful tile backsplash. This home features three bedrooms and 1.5 baths. Come see it today!
List Price/SqFt: 158.06
Sold Price/SqFt: 149.46

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Electric Water Heater Interior Features: Eat-in Kitchen; Primary Bathroom - Tub with Shower Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block Pool Features: None Parking Features: Additional Parking Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-11-11

Location Tax and Legal

Street Number: 375
Street Name: GWINNETT
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2021-01-27T00:05:08Z
Major Change Type: Status Change
Purchase Contract Date: 2020-12-21
Close Date: 2021-01-26
Close Price: 165000

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: August - 04 - 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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