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.

4402 NARANJA Drive S, Jacksonville, FL 32217 (MLS# 1207418)

4402 NARANJA Drive S, Jacksonville, FL 32217

$315,000

Virtual Tour

https://my.matterport.com/show/?m=eVs9W683N7i&brand=0&ts=1

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,364 Status: Closed

Current Price: $315,000 List Date: 1/13/2023 Last Modified: 11/04/2026

Overview

Description

There is so much to love about this newly remodeled home. The kitchen features 42'' White Wood Cabinets, Level 4 Granite countertops, large island, LG appliances and casual eating area. Formal Dining and Living Areas are open to the kitchen to make entertaining and family gatherings fun and relaxing. Sliding glass doors open up to the newly screen-in lanai - a perfect area to enjoy morning coffee or unwind at the end of the day. The Master Suite offers a large custom tiled walk-in shower. Two additional bedrooms and full bath complete the living space. Newly added laundry room has plenty of storage space and access to the large fenced backyard. A generous sized storage room is located under the covered parking area at the front of the home. Roof is 2007 and HVAC is 2017. Welcome Home

Supplements: Home

Listing Details MLS# 1207418

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1364
Living Area Source: Public Records
Year Built: 1962
Lot Size Dimensions: 75x120
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I95 N take exit 341 onto Baymeadows Rd. Turn right onto Old Kings Rd. Turn left onto Naranja. 4402 Naranja is on the left.
Public Remarks: There is so much to love about this newly remodeled home. The kitchen features 42'' White Wood Cabinets, Level 4 Granite countertops, large island, LG appliances and casual eating area. Formal Dining and Living Areas are open to the kitchen to make entertaining and family gatherings fun and relaxing. Sliding glass doors open up to the newly screen-in lanai - a perfect area to enjoy morning coffee or unwind at the end of the day. The Master Suite offers a large custom tiled walk-in shower. Two additional bedrooms and full bath complete the living space. Newly added laundry room has plenty of storage space and access to the large fenced backyard. A generous sized storage room is located under the covered parking area at the front of the home. Roof is 2007 and HVAC is 2017. Welcome Home
List Price/SqFt: 230.94
Sold Price/SqFt: 230.94

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dishwasher; Electric Range; Electric Water Heater; Ice Maker Interior Features: Breakfast Bar; Kitchen Island; Primary Bathroom - Shower No Tub Flooring: Vinyl Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Block; Concrete Patio And Porch Features: Porch; Screened Pool Features: None Roof: Shingle Parking Features: Covered; Other Fencing: Chain Link Current Use: Residential; Single Family 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: 2023-01-10

Location Tax and Legal

Street Number: 4402
Street Name: NARANJA
Street Suffix: Drive
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32217
MLS Area Major: 012-San Jose
Subdivision Name: San Jose Manor

Status Change Information

Major Change Timestamp: 2023-11-18T03:19:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-04T03:11:54Z
Purchase Contract Date: 2023-02-05
Close Date: 2023-02-24
Close Price: 315000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Appointment, Vacant -Lockbox

Room Information

Room Name
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: November - 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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