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.

387 PARKRIDGE Avenue, Orange Park, FL 32065 (MLS# 2148064)

387 PARKRIDGE Avenue, Orange Park, FL 32065

$130,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,216 Lot Size (sq. ft.): 20,909 Status: Closed

Current Price: $130,000 List Date: 6/01/2026 Last Modified: 8/12/2026

Overview

Description

Great starter home. 0.48 acre corner lot fully fenced in. Newer roof, newer AC. The house still needs some TLC (check all pics). Selling AS IS. It has public water & private septic. No HOA, no CDD fees.

Listing Details MLS# 2148064

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1216
Living Area Source: Appraiser
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.48
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Turn left onto FL-21 S/Blanding Blvd and continue for several miles into the Lakeside area. Turn right onto Parkridge Ave. The property will be on your right.
Public Remarks: Great starter home. 0.48 acre corner lot fully fenced in. Newer roof, newer AC. The house still needs some TLC (check all pics). Selling AS IS. It has public water & private septic. No HOA, no CDD fees.
List Price/SqFt: 143.91
Sold Price/SqFt: 106.91

Property Features

Body Type: Single Wide Appliances: Other Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank; Unknown Roof: Shingle Parking Features: Other Lot Features: Corner Lot Fencing: Chain Link; Fenced Current Use: Manufactured Home; Residential Possession: Close Of Escrow; Negotiable; Other Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Manufactured Home
Property Attached YN: Yes
Listing Contract Date: 2026-04-15

Location Tax and Legal

Street Number: 387
Street Name: PARKRIDGE
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: **verifying Subd**

Status Change Information

Major Change Timestamp: 2026-08-12T16:27:44Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-30
Close Date: 2026-08-11
Close Price: 130000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: LPT REALTY LLC

Last Updated: August - 12 - 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.