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.

5512 JACKSON Avenue, Orange Park, FL 32073 (MLS# 2119362)

5512 JACKSON Avenue, Orange Park, FL 32073

$308,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,749 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $308,000 List Date: 11/25/2025 Last Modified: 5/18/2026

Overview

Description

Sellers offering a $750 home warranty! Discover incredible value in the heart of Orange Park! This solid 3-bedroom, 2-bathroom brick home offers 1,749 sq. This home features newer energy-efficient windows replaced throughout the entire house, plus a 2020 Roof for ultimate peace of mind and lower insurance premiums. Inside, you'll find upgraded waterproof LVP flooring and newer carpet. The functional layout includes a formal dining room, a bright kitchen with granite countertops, and a cozy family room with a wood-burning fireplace and custom built-ins. Outdoor Oasis: French doors lead to a screened patio and an in-ground chlorine pool and custom wrap-around deck. The oversized backyard also features a 3-year-old aluminum shed for extra storage. Location & Lifestyle: • No HOA/CDD Fees: Park your boat or RV with ease! • Top-Tier Schools: Located in one of the area's most sought-after school districts. • Prime Location: Minutes from local shopping, dining, and military bas ... (Read more)

Listing Details MLS# 2119362

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1749
Living Area Source: Public Records
Year Built: 1974
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.22
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: Take 17 south. Right on Kingsley Ave. Left on Doctor's Lake Dr. Follow Doctor's Lake Dr., Turn right into Oakwood subdivision. Follow around to Jackson Ave. House is on the left.
Public Remarks: Sellers offering a $750 home warranty! Discover incredible value in the heart of Orange Park! This solid 3-bedroom, 2-bathroom brick home offers 1,749 sq. This home features newer energy-efficient windows replaced throughout the entire house, plus a 2020 Roof for ultimate peace of mind and lower insurance premiums. Inside, you'll find upgraded waterproof LVP flooring and newer carpet. The functional layout includes a formal dining room, a bright kitchen with granite countertops, and a cozy family room with a wood-burning fireplace and custom built-ins. Outdoor Oasis: French doors lead to a screened patio and an in-ground chlorine pool and custom wrap-around deck. The oversized backyard also features a 3-year-old aluminum shed for extra storage. Location & Lifestyle: • No HOA/CDD Fees: Park your boat or RV with ease! • Top-Tier Schools: Located in one of the area's most sought-after school districts. • Prime Location: Minutes from local shopping, dining, and military bases.
List Price/SqFt: 189.82
Sold Price/SqFt: 176.1

Property Features

Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Oven; Refrigerator Flooring: Carpet; Tile; Vinyl Utilities: Cable Available; Electricity Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Brick Pool Features: In Ground Roof: Shingle Parking Features: Attached Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-11-24

Location Tax and Legal

Street Number: 5512
Street Name: JACKSON
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 136-Lakeside Estates
Subdivision Name: Lakeside Estates

Status Change Information

Major Change Timestamp: 2026-05-18T14:31:49Z
Major Change Type: Status Change
Price Change Timestamp: 2026-02-13T19:18:31Z
Purchase Contract Date: 2026-04-14
Close Date: 2026-05-18
Close Price: 308000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: May - 18 - 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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