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.

5460 FORREST Drive, Orange Park, FL 32073 (MLS# 1141423)

5460 FORREST Drive, Orange Park, FL 32073

$299,990

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,623 Status: Closed

Current Price: $299,990 List Date: 11/13/2021 Last Modified: 1/19/2026

Overview

Description

This all brick home is on a huge corner lot, and in the perfect location of Lakeside Estates! Featuring 3 bedrooms, 2 bathrooms, cute updated kitchen with eat in area, two family rooms one featuring a real wood burning fireplace, and a large dining room! This charming home sits on an amazing corner homesite, with mature trees, fully fenced back yard with enough room for gatherings and a huge screen porch! Don't let this one get away, call today to make an appointment to view it.

Listing Details MLS# 1141423

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1623
Living Area Source: Public Records
Year Built: 1974
Association YN: No
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: South on Doctors Lake Dr, Right on Forrest Dr South, Left on Forrest Dr home is on the corner of Forrest Dr and Marion Ct W.
Public Remarks: This all brick home is on a huge corner lot, and in the perfect location of Lakeside Estates! Featuring 3 bedrooms, 2 bathrooms, cute updated kitchen with eat in area, two family rooms one featuring a real wood burning fireplace, and a large dining room! This charming home sits on an amazing corner homesite, with mature trees, fully fenced back yard with enough room for gatherings and a huge screen porch! Don't let this one get away, call today to make an appointment to view it.
List Price/SqFt: 184.78
Sold Price/SqFt: 184.84

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Appliances: Electric Range; Microwave Fireplace Features: Wood Burning Interior Features: Eat-in Kitchen Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Brick Veneer Pool Features: None Roof: Shingle Parking Features: Additional Parking Lot Features: Corner Lot Fencing: Back Yard Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-11-12

Location Tax and Legal

Street Number: 5460
Street Name: FORREST
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Lakeside

Status Change Information

Major Change Timestamp: 2022-01-04T21:10:19Z
Major Change Type: Status Change
Purchase Contract Date: 2021-11-29
Close Date: 2021-12-30
Close Price: 299990

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Dining-Living/Dining Combo: Y

Room Information

Room Name
Family Room

Documents

Lead Based Paint Addendum ›

Listing Office: MAGNOLIA REAL ESTATE COMPANY

Last Updated: January - 19 - 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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