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.

522 HOLLY LAKES Drive, Orange Park, FL 32073 (MLS# 2115528)

522 HOLLY LAKES Drive, Orange Park, FL 32073

$223,000

JAX_HollyCoveTownhomes_Pic_Streetscape_0

JAX_HollyCove_Pic_Jade_Kitchen_3of6_F1-2

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,483 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $223,000 List Date: 2/09/2026 Last Modified: 3/19/2026

Overview

Description

MOVE IN READY! Welcome to Holly Cove Town Homes featuring the MIA floor plan with 3 bedrooms, 2.5 bathrooms, and a 1-car garage. This home includes Lennar's signature Everything's Included features: white kitchen cabinets with white quartz countertops, 36-inch uppers, and Frigidaire stainless steel appliances including range, dishwasher, microwave, and refrigerator. Luxury vinyl plank flooring is included in main areas such as the living room, kitchen, and bathrooms. Additional features include window blinds throughout, water heater, and a screened lanai. Comes with a one-year builder warranty, dedicated customer service program, and 24-hour emergency service. (Conditions may apply)

Listing Details MLS# 2115528

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1483
Living Area Source: Builder
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 2340
Association Fee Frequency: Annually
Association Fee 2 Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: Yes
Estimated Completion Date: 2026-02-27
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: Take I295 west to Orange Park, take the Blanding exit and head north, turn left onto Wells Rd, then turn left on Holly Lakes Drive, head straight back to townhomes.
Public Remarks: MOVE IN READY! Welcome to Holly Cove Town Homes featuring the MIA floor plan with 3 bedrooms, 2.5 bathrooms, and a 1-car garage. This home includes Lennar's signature Everything's Included features: white kitchen cabinets with white quartz countertops, 36-inch uppers, and Frigidaire stainless steel appliances including range, dishwasher, microwave, and refrigerator. Luxury vinyl plank flooring is included in main areas such as the living room, kitchen, and bathrooms. Additional features include window blinds throughout, water heater, and a screened lanai. Comes with a one-year builder warranty, dedicated customer service program, and 24-hour emergency service. (Conditions may apply)
List Price/SqFt: 168.64
Sold Price/SqFt: 150.37

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Under Construction Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer/Dryer Stacked Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Green Energy Efficient: Appliances; Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Multi-Family; Residential Association Amenities: None Association Fee Includes: Maintenance Grounds Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bedroom 2; Bedroom 3; Family Room; Kitchen; Laundry; Primary Bedroom

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-10-29

Location Tax and Legal

Street Number: 522
Street Name: HOLLY LAKES
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 067-Collins Rd/Argyle/Oakleaf Plantation (Duval)
Subdivision Name: Townhomes of Holly Cove

Status Change Information

Major Change Timestamp: 2026-02-27T19:17:36Z
Major Change Type: Status Change
Price Change Timestamp: 2026-02-09T15:40:49Z
Purchase Contract Date: 2026-02-15
Close Date: 2026-02-27
Close Price: 223000

DPR Eligible

DPR Eligible: No

More Information

Room Types

Bedroom 2 Level: Second
Bedroom 3 Level: Second
Family Room Level: First
Kitchen Level: First
Laundry Level: First
Primary Bedroom Level: Second

Room Information

Room Name	Level	Remarks
Primary Bedroom	Second	Laundry
Bedroom 2	Second	Breakfast Nook
Bedroom 3	Second
Kitchen	First
Family Room	First
Laundry	First

Listing Office: LENNAR REALTY INC

Last Updated: March - 19 - 2026

Information deemed reliable but not guaranteed.