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# 779242)

5512 JACKSON Avenue, Orange Park, FL 32073

$186,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,749 Status: Closed

Current Price: $186,000 List Date: 6/24/2015 Last Modified: 4/29/2026

Overview

Description

LOOK NO FURTHER! THIS LOVELY 3 BEDROOM, 2 BATH POOL HOME IS LOCATED IN THE DESIRABLE DR'S LAKE AREA OF LAKESIDE ESTATES AND IS WAITING FOR YOU TO PACK YOUR BAGS AND MOVE RIGHT IN! THIS HOME OFFERS PLENTY OF ROOM FOR A FAMILY TO SPREAD OUT IN WITH ITS SEPARATE LIVING ROOM, FORMAL DINING ROOM, KITCHEN WITH BREAKFAST NOOK, AND FAMILY ROOM WITH WOOD BURNING FIREPLACE, BUILT-IN BOOK SHELVES AND FRENCH DOORS THAT LEAD OUT TO A SCREENED-IN PORCH THAT OPENS TO AN INVITING SALT WATER IN-GROUND POOL WHERE YOU CAN QUIETLY ENJOY YOUR MORNING COFFEE OR ENTERTAIN YOUR FAMILY AND FRIENDS WITH BACKYARD BARBECUES. WOOD LAMINATE FLOORS IN LIVING AND DINING ROOMS. NEWLY TILED KITCHEN AND FAMILY ROOM. NEW MASTER SHOWER. HOME IS WELL PRICED AND A MUST SEE. DON'T LET OPPORTUNITY PASS YOU BY . . . CALL TODAY!

Listing Details MLS# 779242

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1749
Living Area Source: Public Records
Year Built: 1974
Lot Size Dimensions: .224 Acres
Association YN: Yes
Association Fee: 35
Association Fee Frequency: Annually
Association Name: OAKWOOD HOA
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: TAKE 17 SOUTH TO RIGHT ON KINGSLEY AVE. TURN LEFT ON DR'S LAKE BLVD. DRIVE APPOX. 6 MILES TURN RIGHT ON FORREST DR. CROSS RR TRACKS AND TURN RIGHT AT STOP SIGN. FOLLOW AROUND TO JACKSON AVE. HOME ON L
Public Remarks: LOOK NO FURTHER! THIS LOVELY 3 BEDROOM, 2 BATH POOL HOME IS LOCATED IN THE DESIRABLE DR'S LAKE AREA OF LAKESIDE ESTATES AND IS WAITING FOR YOU TO PACK YOUR BAGS AND MOVE RIGHT IN! THIS HOME OFFERS PLENTY OF ROOM FOR A FAMILY TO SPREAD OUT IN WITH ITS SEPARATE LIVING ROOM, FORMAL DINING ROOM, KITCHEN WITH BREAKFAST NOOK, AND FAMILY ROOM WITH WOOD BURNING FIREPLACE, BUILT-IN BOOK SHELVES AND FRENCH DOORS THAT LEAD OUT TO A SCREENED-IN PORCH THAT OPENS TO AN INVITING SALT WATER IN-GROUND POOL WHERE YOU CAN QUIETLY ENJOY YOUR MORNING COFFEE OR ENTERTAIN YOUR FAMILY AND FRIENDS WITH BACKYARD BARBECUES. WOOD LAMINATE FLOORS IN LIVING AND DINING ROOMS. NEWLY TILED KITCHEN AND FAMILY ROOM. NEW MASTER SHOWER. HOME IS WELL PRICED AND A MUST SEE. DON'T LET OPPORTUNITY PASS YOU BY . . . CALL TODAY!
List Price/SqFt: 106.92
Sold Price/SqFt: 106.35

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Concrete; Laminate; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air; Zoned Heating: Central; Electric; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Brick Patio And Porch Features: Deck; Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Single Family 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: 2015-06-24

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: 2023-11-18T03:23:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-07-17T13:54:26Z
Purchase Contract Date: 2015-09-02
Close Date: 2015-10-08
Close Price: 186000

Historical Information

Public Historical Remarks 1: Interior aMENITIES-Prewired Audio: Y, Parking Facilities-Keypad Entry: Y
Public Historical Remarks 2: Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-French Door(s): Y, Fireplace-Family Room: Y, Fireplace Mantle: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Call Listing Office, Occupied - Lockbox, Advance Notice, Pets

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Bedroom 1	First	13.00	10.00
Bedroom 2	First	10.00	10.00
Primary Bedroom	First	13.00	17.00
Kitchen	First	15.00	12.00
Other	First	8.00		Width: 7-1/2, Breakfast Room
Other	First		19.00	screened porch; Length: 11-1/2
Dining Room	First	15.00	9.00	Separate Dining Room
Family Room	First	14.00	15.00
Living Room	First	15.00	12.00

Documents

SELLERS DISCLOSURE ›

LEAD PAINT DISCLOSURE ›

Listing Office: WATSON REALTY CORP

Last Updated: April - 29 - 2026

Information deemed reliable but not guaranteed.