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.

449 MADEIRA Drive, Orange Park, FL 32073 (MLS# 1242131)

449 MADEIRA Drive, Orange Park, FL 32073

$235,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,173 Status: Closed

Current Price: $235,000 List Date: 8/11/2023 Last Modified: 4/30/2026

Overview

Description

Nestled in desired Clay County, this delightful brick home boasts three bedrooms and two bathrooms. It is ideally positioned on an oversized lot; and features a fully fenced backyard, with a block shed. Upon entering, you'll be greeted by an inviting ambiance, courtesy of the brand-new windows, luxury vinyl plank (LVP) flooring and plush carpeting that flow seamlessly throughout the residence. The fresh coat of paint amplifies the interior's luminosity, establishing a warm and inviting atmosphere that residents and guests will both appreciate. Equipped with a new sturdy metal roof, modernized kitchen with solid surface countertops, and renovated bathrooms.

Listing Details MLS# 1242131

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1173
Living Area Source: Public Records
Year Built: 1964
Association YN: No
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
Entry Level: Yes
Directions: Coming from I-295, Head South on Blanding Blvd. Turn Left onto Edson Dr. Turn Right on Madeira Dr.
Public Remarks: Nestled in desired Clay County, this delightful brick home boasts three bedrooms and two bathrooms. It is ideally positioned on an oversized lot; and features a fully fenced backyard, with a block shed. Upon entering, you'll be greeted by an inviting ambiance, courtesy of the brand-new windows, luxury vinyl plank (LVP) flooring and plush carpeting that flow seamlessly throughout the residence. The fresh coat of paint amplifies the interior's luminosity, establishing a warm and inviting atmosphere that residents and guests will both appreciate. Equipped with a new sturdy metal roof, modernized kitchen with solid surface countertops, and renovated bathrooms.
List Price/SqFt: 213.13
Sold Price/SqFt: 200.34

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Appliances: Electric Water Heater Interior Features: Primary Bathroom - Shower No Tub; Primary Downstairs Flooring: Carpet; Vinyl Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Brick Pool Features: None Roof: Metal 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: 2023-08-10

Location Tax and Legal

Street Number: 449
Street Name: MADEIRA
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Belair

Status Change Information

Major Change Timestamp: 2023-11-07T16:16:28Z
Major Change Type: Status Change
Purchase Contract Date: 2023-10-18
Close Date: 2023-10-27
Close Price: 235000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Interior Amenities-Sliding Glass Door(s): Y

Room Information

Room Name
Utility Room

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: April - 30 - 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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