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.

414 MAHONEY LP, Orange Park, FL 32065 (MLS# 2007319)

414 MAHONEY LP, Orange Park, FL 32065

$280,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,213 Lot Size (sq. ft.): 3,920 Status: Closed

Current Price: $280,000 List Date: 2/05/2024 Last Modified: 12/30/2025

Overview

Description

Adorable single story home only steps away from the local elementary school . Well taken care of 3/2 home that backs up to natural wooded area. Only one owner and built from custom builder Young American Homes . Come see what this cutie has to offer ..

Listing Details MLS# 2007319

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1213
Living Area Source: Public Records
Year Built: 2014
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.09
Association YN: Yes
Association Fee: 158
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1776
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: 295 to Blanding Blvd to R on argyle Forest Blvd to L on oakleaf village Pkwy to L on Plantation oaks Blvd to R on Meldrum lane to R on Mahoney Loop
Public Remarks: Adorable single story home only steps away from the local elementary school . Well taken care of 3/2 home that backs up to natural wooded area. Only one owner and built from custom builder Young American Homes . Come see what this cutie has to offer ..
List Price/SqFt: 238.17
Sold Price/SqFt: 230.83

Property Features

Levels: One Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Open Floorplan; Primary Bathroom - Shower No Tub Flooring: Laminate; Tile Laundry Features: In Garage Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Security Features: Security Lights Construction Materials: Frame; Stone; Stucco Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Garage Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-02-05

Location Tax and Legal

Street Number: 414
Street Name: MAHONEY LP
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Oakleaf Plantation

Status Change Information

Major Change Timestamp: 2024-03-27T23:58:59Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-20T16:31:57Z
Purchase Contract Date: 2024-02-27
Close Date: 2024-03-27
Close Price: 280000

DPR Eligible

DPR Eligible: No

More Information

Documents

Listing Office: ASSIST 2 SELL BUYERS & SELLERS PREMIER REALTY

Last Updated: December - 30 - 2025

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.