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.

521 OPAL Avenue, Orange Park, FL 32065 (MLS# 2110698)

521 OPAL Avenue, Orange Park, FL 32065

$163,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,272 Lot Size (sq. ft.): 55,321 Status: Closed

Current Price: $163,500 List Date: 9/26/2025 Last Modified: 2/17/2026

Overview

Description

Calling all investors, builders and visionaries! Investment Opportunity! 2.006 total acres, 2 parcels and endless potential! Located in the heart of Clay County's Ridgewood area, this property offers an exciting canvas for your next big project. 2 manufactured homes, multiple outbuildings, utilities. With the right skillset or vision, you can transform this land into something truly special - a private homestead, rental investment, or even the possibility of development. NOTE: manufactured homes are not habitable; buyer responsible for applicable inspections and/or due diligence for building, permitting, etc. CLARIFICATION: tax records have 'single family home' listed & this is pulling forward in the listing; this is a property with 2 manufactured homes not a single family home.

Listing Details MLS# 2110698

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Bathrooms Total: 2
Living Area: 1272
Living Area Source: Assessor
Year Built: 1967
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 1.27
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: South on Blanding Blvd. from Orange Park; Right on Jefferson Ave; Left on Washington Ave; Right on Opal Ave; Property on Left
Public Remarks: Calling all investors, builders and visionaries! Investment Opportunity! 2.006 total acres, 2 parcels and endless potential! Located in the heart of Clay County's Ridgewood area, this property offers an exciting canvas for your next big project. 2 manufactured homes, multiple outbuildings, utilities. With the right skillset or vision, you can transform this land into something truly special - a private homestead, rental investment, or even the possibility of development. NOTE: manufactured homes are not habitable; buyer responsible for applicable inspections and/or due diligence for building, permitting, etc. CLARIFICATION: tax records have 'single family home' listed & this is pulling forward in the listing; this is a property with 2 manufactured homes not a single family home.
List Price/SqFt: 128.54
Sold Price/SqFt: 128.54

Property Features

Architectural Style: Other Levels: One Property Condition: Fixer Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator Flooring: Carpet; Vinyl Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Wall/Window Unit(s) Heating: Other Water Source: Private; Well Sewer: Septic Tank Construction Materials: Vinyl Siding Other Structures: Workshop Patio And Porch Features: Porch Roof: Shingle Parking Features: Carport Fencing: Fenced Current Use: Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-26

Location Tax and Legal

Street Number: 521
Street Name: OPAL
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Ridgewood

Status Change Information

Major Change Timestamp: 2025-12-22T23:32:59Z
Major Change Type: Status Change
Price Change Timestamp: 2025-11-21T14:49:42Z
Purchase Contract Date: 2025-12-06
Close Date: 2025-12-22
Close Price: 163500

DPR Eligible

DPR Eligible: No

More Information

Listing Office: EXPLORE REALTY INC.

Last Updated: February - 17 - 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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