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.

5672 CALVARY Drive, Jacksonville, FL 32244 (MLS# 1092153)

5672 CALVARY Drive, Jacksonville, FL 32244

$214,990

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,402 Status: Closed

Current Price: $214,990 List Date: 1/27/2021 Last Modified: 2/05/2025

Overview

Description

This Express Homes community is located just west of the Ortega River and minutes from NAS Jax. Residents will enjoy the convenient commute to Downtown Jacksonville and all of the fantastic shopping and dining options in Argyle Forest. Ortega Place offers affordable one and two-story open-concept floorplans with smart energy-efficient features.

Listing Details MLS# 1092153

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1402
Living Area Source: Plans
Year Built: 2021
Association YN: Yes
Association Fee: 153.87
Association Fee Frequency: Quarterly
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From Roosevelt Blvd take Timuquana Rd W approx 1.5 miles, then turn L onto Catoma St, then R onto 110th St. and proceed to community just ahead on the R at Cavalry Dr.
Public Remarks: This Express Homes community is located just west of the Ortega River and minutes from NAS Jax. Residents will enjoy the convenient commute to Downtown Jacksonville and all of the fantastic shopping and dining options in Argyle Forest. Ortega Place offers affordable one and two-story open-concept floorplans with smart energy-efficient features.
List Price/SqFt: 153.35
Sold Price/SqFt: 153.35

Property Features

Approx Parcel Size: Less than .25 Acre Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage Current Use: Residential Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-01-27

Location Tax and Legal

Street Number: 5672
Street Name: CALVARY
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32244
MLS Area Major: 056-Yukon/Wesconnett/oak Hill
Subdivision Name: Ortega Place

Status Change Information

Major Change Timestamp: 2021-06-16T15:15:49Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-27
Close Date: 2021-06-03
Close Price: 214990

More Information

Documents

Floor Plan ›

Listing Office: NON MLS (realMLS)

Last Updated: February - 05 - 2025

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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