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.

400 JANELL Drive, Orange Park, FL 32073 (MLS# 1000301)

400 JANELL Drive, Orange Park, FL 32073

$1,085

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,320 Status: Closed

Current Price: $1,085 List Date: 6/15/2019 Last Modified: 10/14/2026

Overview

Description

Come see this 3 Bedroom 2 Bath with an office. Brick Front home within walking distance to schools and close to 295 for your commute. Nice corner lot with Florida Room RENTERS INSURANCE REQUIRED - PETS ACCEPTED

Listing Details MLS# 1000301

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1320
Living Area Source: Public Records
Year Built: 1965
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I-295 South on Blanding Blvd. Left on Blairmore Blvd.. Right on Valderia Dr. Left on Bonnylyn Dr. Right on Janell.
Public Remarks: Come see this 3 Bedroom 2 Bath with an office. Brick Front home within walking distance to schools and close to 295 for your commute. Nice corner lot with Florida Room RENTERS INSURANCE REQUIRED - PETS ACCEPTED
List Price/SqFt: 0.82
Sold Price/SqFt: 0.82

Property Features

Architectural Style: Ranch Pool Features: None Parking Features: Other Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-06-15
Lease Term: 12 Months

Location Tax and Legal

Street Number: 400
Street Name: JANELL
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Bellair

Status Change Information

Major Change Timestamp: 2019-07-01T15:00:14Z
Major Change Type: Status Change
Purchase Contract Date: 2019-06-27
Close Date: 2019-06-20
Close Price: 1085

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 300
Security Deposit: 1100

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Per Period: 1100
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Specific Date-CLO, Sewer - Public: Y, Lot Location-Corner Lot: Y, Lot Description-Irregular Lot: Y, Min Lease/Rent Term: 12

Listing Office: BRIDGE HOMES

Last Updated: October - 14 - 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.