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.

538 COPPITT Drive S, Orange Park, FL (MLS# 826288)

538 COPPITT Drive S, Orange Park, FL

$57,500

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,392 Status: Closed

Current Price: $57,500 List Date: 5/04/2016 Last Modified: 12/22/2025

Overview

Description

This Orange Park pool home is a blank slate for the investor. Needs full makeover but the sweat is worth the investment. Four bedrooms, two baths, detached garage, in ground pool. Close to Orange Park Medical Center, Orange Park High and shopping. Block built. Owned by the Veterans Administration and sold as is. Property was built prior to 1978 and lead based paint potentially exists.

Listing Details MLS# 826288

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1392
Living Area Source: Public Records
Year Built: 1971
Lot Size Dimensions: .19 acre
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Carport Spaces: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Blanding take Blairmore to Valderia, turn right on Valderia, follow to Coppitt, turn right house on left
Public Remarks: This Orange Park pool home is a blank slate for the investor. Needs full makeover but the sweat is worth the investment. Four bedrooms, two baths, detached garage, in ground pool. Close to Orange Park Medical Center, Orange Park High and shopping. Block built. Owned by the Veterans Administration and sold as is. Property was built prior to 1978 and lead based paint potentially exists.
List Price/SqFt: 26.22
Sold Price/SqFt: 41.31

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Electric Water Heater Cooling: None Heating: None Water Source: Public Sewer: Public Sewer Construction Materials: Concrete Patio And Porch Features: Patio Pool Features: In Ground Roof: Shingle Parking Features: Detached; Garage Fencing: Back Yard Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-05-04

Location Tax and Legal

Street Number: 538
Street Name: COPPITT
Street Suffix: Drive
Street Direction Suffix: S
County: Clay
State: FL
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Bellair

Status Change Information

Major Change Timestamp: 2016-06-22T15:18:25Z
Major Change Type: Status Change
Purchase Contract Date: 2016-05-13
Close Date: 2016-06-16
Close Price: 57500

Historical Information

Public Historical Remarks 1: Suburban Lot Location: Y
Public Historical Remarks 2: Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, See ShowingAssist, See Private Remarks

More Information

Room Information

Room Name
Living Room

Documents

Offer instructions ›

VA Offer Form ›

Highest and best Form ›

Listing Office: REALTY WORLD EXECUTIVE GROUP

Last Updated: December - 22 - 2025

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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