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.

4521 GRAY HAWK Street, Orange Park, FL 32065 (MLS# 820471)

4521 GRAY HAWK Street, Orange Park, FL 32065

$322,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,512 Status: Closed

Current Price: $322,000 List Date: 3/29/2016 Last Modified: 1/18/2026

Overview

Description

Back on market! Buyers financing fell through. Sellers were already packed. Spacious floor plan with generous room sizes. Upgraded kitchen w/butler pantry & large walk-in food pantry. Lakefront lot with spectacular views and no one can build across the street from the front of the home. Home was just appraised by an independent appraiser at $340,000. Owners suite & 3 other bedrooms upstairs, one bedroom & full bath are located downstairs. Home has a 3rd car garage and plenty of storage throughout. Zoned for all ''A'' rated schools. Conveniently located near Oakleaf Town Center, schools, grocery store, restaurants, & new hospital. Why build & wait when you can move into this like-new home immediately? Please see provided documents. Make your appointment today!!!

Listing Details MLS# 820471

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3512
Living Area Source: Public Records
Year Built: 2012
Homestead YN: Yes
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2114.79
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: Argyle Forest Blvd, Pass 1 Round, Right at Oakleaf Plantation Pkwy., Right to Eagle Landing Pkwy., Left to Eagle Crossing Dr., Left to Autum Pines Dr., Right to Club Lake Dr., Left on Grey Hawk.
Public Remarks: Back on market! Buyers financing fell through. Sellers were already packed. Spacious floor plan with generous room sizes. Upgraded kitchen w/butler pantry & large walk-in food pantry. Lakefront lot with spectacular views and no one can build across the street from the front of the home. Home was just appraised by an independent appraiser at $340,000. Owners suite & 3 other bedrooms upstairs, one bedroom & full bath are located downstairs. Home has a 3rd car garage and plenty of storage throughout. Zoned for all ''A'' rated schools. Conveniently located near Oakleaf Town Center, schools, grocery store, restaurants, & new hospital. Why build & wait when you can move into this like-new home immediately? Please see provided documents. Make your appointment today!!!
List Price/SqFt: 93.68
Sold Price/SqFt: 91.69

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Green Water Conservation: Low-Flow Fixtures Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Patio; Porch Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Waterfront Features: Pond Fencing: Back Yard; Other Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-03-29

Location Tax and Legal

Street Number: 4521
Street Name: GRAY HAWK
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Eagle Landing

Status Change Information

Major Change Timestamp: 2023-11-13T22:25:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-07-18T21:29:24Z
Contingency: Active Under Contract
Purchase Contract Date: 2016-07-22
Close Date: 2016-09-13
Close Price: 322000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Richmond American, Aluminum Fencing: Y, Golf Course Comm: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Advance Notice, See ShowingAssist, Occupied

More Information

Room Information

Room Name
Living Room
Family Room
Utility Room

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: January - 18 - 2026

Information deemed reliable but not guaranteed.