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.

527 SAMUEL HUNTINGTON Street, Orange Park, FL 32073 (MLS# 2050444)

527 SAMUEL HUNTINGTON Street, Orange Park, FL 32073

$259,000

Cozy up on cold nights in front of wood-burning fireplace.

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,534 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $259,000 List Date: 10/03/2024 Last Modified: 5/20/2026

Overview

Description

***Sellers are offering up to $5k in closing costs with an acceptable offer***This wonderful home located in a convenient and well-established Orange Park community is ready for its new owners. Situated on a generously sized lot with a fully fenced private backyard. Enjoy your morning coffee or evening cocktail on your large screened lanai. The included 8x10 storage shed will help keep your attached garage available for parking up to 2 cars. Inside a split bedroom plan allows for personal space on rainy days spent relaxing indoors.

Listing Details MLS# 2050444

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1534
Living Area Source: Appraiser
Year Built: 1984
Lot Size Acres: 0.2
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: Head south on Blanding Blvd from I-295, turn right on Constitution Dr, turn right on Elbridge Gerry St, follow it around and property is on the left.
Public Remarks: ***Sellers are offering up to $5k in closing costs with an acceptable offer***This wonderful home located in a convenient and well-established Orange Park community is ready for its new owners. Situated on a generously sized lot with a fully fenced private backyard. Enjoy your morning coffee or evening cocktail on your large screened lanai. The included 8x10 storage shed will help keep your attached garage available for parking up to 2 cars. Inside a split bedroom plan allows for personal space on rainy days spent relaxing indoors.
List Price/SqFt: 172.69
Sold Price/SqFt: 168.84

Property Features

Architectural Style: Ranch Levels: One Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Pantry; Primary Bathroom - Shower No Tub; Skylight(s); Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Garage Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Electric: 150 Amp Service Water Source: Public Sewer: Public Sewer Construction Materials: Stone Veneer; Wood Siding Other Structures: Shed(s) Patio And Porch Features: Rear Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Door Opener Fencing: Back Yard; Privacy; Wood Current Use: Residential Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA Contingency Reason: Financing

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-10-03

Location Tax and Legal

Street Number: 527
Street Name: SAMUEL HUNTINGTON
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 134-South Blanding
Subdivision Name: Heritage Hills

Status Change Information

Major Change Timestamp: 2024-11-01T15:50:02Z
Major Change Type: Status Change
Purchase Contract Date: 2024-11-01
Close Date: 2024-11-01
Close Price: 259000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: ROUND TABLE REALTY

Last Updated: May - 20 - 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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