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.

5504 GORDON Court, Orange Park, FL 32073 (MLS# 2113847)

5504 GORDON Court, Orange Park, FL 32073

$271,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 3,090 Lot Size (sq. ft.): 15,682 Status: Closed

Current Price: $271,000 List Date: 10/17/2025 Last Modified: 6/03/2026

Overview

Description

Charming 4-Bedroom Ranch Style Home with Great Potential in Orange Park Nestled on a quiet cul-de-sac in the established Lakeside Estates subdivision, this 4-bedroom, 2-bath all-brick home (originally developers home) offers solid construction and endless possibilities. Includes a large owner's suite, three spacious guest bedrooms, formal living and dining areas, ample deck and is surrounded by beautiful mature trees. The property provides a peaceful setting and a great opportunity to make it your own. With vision and care, this home can be transformed into a true showpiece in a desirable neighborhood. CCTV: Surveillance or recording devices on property

Listing Details MLS# 2113847

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2036
Living Area Source: Public Records
Building Area Total: 3090
Year Built: 1974
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.36
Association YN: Yes
Association Fee: 35
Association Fee Frequency: Annually
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
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: Take I-295 S, FL-202 W, I-95 S and I-295 N to FL-21 S/Blanding Blvd/State Rd 21 S. Take exit 12 from I-295 N Continue on FL-21 S/Blanding Blvd/State Rd 21 S. Turn left onto Bolton Rd Turn right onto Moody Ave Turn left onto Dennis Dr Turn left onto Gordon Ct
Public Remarks: Charming 4-Bedroom Ranch Style Home with Great Potential in Orange Park Nestled on a quiet cul-de-sac in the established Lakeside Estates subdivision, this 4-bedroom, 2-bath all-brick home (originally developers home) offers solid construction and endless possibilities. Includes a large owner's suite, three spacious guest bedrooms, formal living and dining areas, ample deck and is surrounded by beautiful mature trees. The property provides a peaceful setting and a great opportunity to make it your own. With vision and care, this home can be transformed into a true showpiece in a desirable neighborhood. CCTV: Surveillance or recording devices on property
List Price/SqFt: 141.94
Sold Price/SqFt: 133.1

Property Features

Architectural Style: Ranch Levels: One Property Condition: Fixer Appliances: Dishwasher; Dryer; Electric Cooktop; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer Flooring: Carpet; Laminate Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Other Water Source: Public Sewer: Public Sewer Security Features: Closed Circuit Camera(s) Patio And Porch Features: Deck Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Many Trees Current Use: Residential; Single Family Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-10-17

Location Tax and Legal

Street Number: 5504
Street Name: GORDON
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Lakeside Estates

Status Change Information

Major Change Timestamp: 2025-12-10T19:40:06Z
Major Change Type: Status Change
Price Change Timestamp: 2025-11-07T21:18:51Z
Purchase Contract Date: 2025-11-20
Close Date: 2025-12-10
Close Price: 271000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Seller's Property Disclosure ›

Instructions for Submitting an Offer ›

HOA Disclosure ›

Lead Based Paint ›

Flood Disclosure ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: June - 03 - 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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