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.

476 LOMBARD Street 1A, Orange Park, FL 32073 (MLS# 2166326)

476 LOMBARD Street 1A, Orange Park, FL 32073

$1,195

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 850 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $1,195 List Date: 9/24/2026 Last Modified: 10/14/2026

Overview

Description

Good conditions. Freshly painted. Stove, dishwasher, refrigerator included. Washer & dryer connection. Located less than a mile away from the Orange Park mall, Red Lobster, and planet fitness.

Listing Details MLS# 2166326

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 850
Living Area Source: Public Records
Year Built: 1980
Lot Size Acres: 0.32
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 2
Senior Community YN: No
Directions: From I-295, take the Blanding Blvd exit and head south on Blanding Blvd. Turn right onto Wells Rd. Turn left onto Cedar Bend Dr. Turn right onto Lombard St. Continue to 476 Lombard St; the building will be on the right.
Public Remarks: Good conditions. Freshly painted. Stove, dishwasher, refrigerator included. Washer & dryer connection. Located less than a mile away from the Orange Park mall, Red Lobster, and planet fitness.
List Price/SqFt: 1.41

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Disposal; Electric Range; Refrigerator Water Source: Public Parking Features: Unassigned Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Tenant Pays: All Utilities

Contract Information

Property Sub Type: Quadruplex
Listing Contract Date: 2026-09-24
Lease Term: 12 Months
Availability Date: 2026-11-01

Location Tax and Legal

Street Number: 476
Street Name: LOMBARD
Street Suffix: Street
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Cedar Bend

Status Change Information

Major Change Timestamp: 2026-10-14T15:31:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-14T15:31:57Z

Deposits and Fees

Application Fee: 75
Security Deposit: 1195

More Information

Listing Office: FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

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.