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.

551 AQUARIUS CONCOURSE, Orange Park, FL 32073 (MLS# 1257631)

551 AQUARIUS CONCOURSE, Orange Park, FL 32073

$190,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,778 Status: Closed

Current Price: $190,000 List Date: 11/15/2023 Last Modified: 4/17/2026

Overview

Description

Situated in a desirable neighborhood, this clean and partially updated home offers incredible potential to its future owner, whether it's your primary residence or an investment opportunity. The partially updated features ensure immediate appeal while leaving room for future enhancements. This home boasts 3 bedrooms, 2 baths, a partially finished enclosed porch area, and a covered porch out back. Enjoy the luxury of a large backyard, perfect for gardening, entertaining, or creating a serene outdoor oasis. Water will be turned back on at home. Home being sold AS-IS. Buyer to verify information about home including sq. ft. and room sizes, etc.

Listing Details MLS# 1257631

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1778
Living Area Source: Appraiser
Year Built: 1977
Association YN: No
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From 295, South on Blanding to Right on Blairmore to Right on Aquarius Concourse, home on the left.
Public Remarks: Situated in a desirable neighborhood, this clean and partially updated home offers incredible potential to its future owner, whether it's your primary residence or an investment opportunity. The partially updated features ensure immediate appeal while leaving room for future enhancements. This home boasts 3 bedrooms, 2 baths, a partially finished enclosed porch area, and a covered porch out back. Enjoy the luxury of a large backyard, perfect for gardening, entertaining, or creating a serene outdoor oasis. Water will be turned back on at home. Home being sold AS-IS. Buyer to verify information about home including sq. ft. and room sizes, etc.
List Price/SqFt: 118.05
Sold Price/SqFt: 106.86

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Appliances: Dishwasher; Dryer; Gas Range; Microwave; Washer Fireplace Features: Gas Interior Features: Primary Bathroom - Shower No Tub Flooring: Carpet; Tile Cooling: Attic Fan; Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Covered Current Use: Residential Possession: Negotiable Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-11-13

Location Tax and Legal

Street Number: 551
Street Name: AQUARIUS CONCOURSE
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2023-12-18T15:50:26Z
Major Change Type: Status Change
Purchase Contract Date: 2023-12-01
Close Date: 2023-12-14
Close Price: 190000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y
Public Historical Remarks 3: Occupant Type: Appointment, Vacant -Lockbox

Room Information

Room Name
Family Room

Documents

Lead Based Paint Disclosure ›

Non-Occupant Seller's Disclosure ›

Roof Permit on File ›

Roof Document on File ›

NOC Roof ›

COO Roof Completion 2015 ›

Listing Office: RE/MAX BLUE COAST

Last Updated: April - 17 - 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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