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.

5479 GORDON Court, Orange Park, FL (MLS# 737561)

5479 GORDON Court, Orange Park, FL

$91,375

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,926 Status: Closed

Current Price: $91,375 List Date: 9/29/2014 Last Modified: 3/09/2026

Overview

Description

Property sold in AS IS condition. Spacious and charming 3 bedroom, 2 bath brick home in older established neighborhood.

Listing Details MLS# 737561

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1926
Living Area Source: Public Records
Year Built: 1978
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Blanding Boulevard SOUTH to LEFT on Suzanne Avenue; RIGHT on Moody Avenue; LEFT on Dennis Drive; LEFT on Gordon Court; home on LEFT.
Public Remarks: Property sold in AS IS condition. Spacious and charming 3 bedroom, 2 bath brick home in older established neighborhood.
List Price/SqFt: 51.87
Sold Price/SqFt: 47.44

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: In Ground Parking Features: Attached; Garage Current Use: Residential Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-09-18

Location Tax and Legal

Street Number: 5479
Street Name: GORDON
Street Suffix: Court
County: Clay
State: FL
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Lakeside Estates

Status Change Information

Major Change Timestamp: 2023-11-13T19:17:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2014-10-20T12:54:14Z
Purchase Contract Date: 2014-11-14
Close Date: 2014-12-08
Close Price: 91375

Historical Information

Public Historical Remarks 3: Occupant Type: Special Instructions, See ShowingAssist, Non-NEFAR Lockbox, Vacant -Lockbox, Vacant

More Information

Listing Office: ALL AMERICAN PROPERTIES INC.

Last Updated: March - 09 - 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.