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.

577 CODY Drive, Orange Park, FL 32073 (MLS# 2159965)

577 CODY Drive, Orange Park, FL 32073

$2,295

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,639 Status: Closed

Current Price: $2,295 List Date: 8/13/2026 Last Modified: 9/11/2026

Overview

Description

Nice 3 bedroom, 2 bath pool home in Clay county. Formal dining room, tile and laminate through out home. Screen porch overlooking the pool. Pool service is included in the rent.

Listing Details MLS# 2159965

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1639
Living Area Source: Public Records
Year Built: 1972
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: South on Blanding, Turn right onto Blairmore Blvd W, turn left on Bowie, turn right on Cody. House is on second on the right
Public Remarks: Nice 3 bedroom, 2 bath pool home in Clay county. Formal dining room, tile and laminate through out home. Screen porch overlooking the pool. Pool service is included in the rent.
List Price/SqFt: 1.4
Sold Price/SqFt: 1.4

Property Features

Additional Lease Terms: 12 Months Levels: One Appliances: Dishwasher; Electric Cooktop; Refrigerator Interior Features: Split Bedrooms; Walk-In Closet(s) Laundry Features: In Garage Patio And Porch Features: Rear Porch; Screened Spa Features: In Ground Water Source: Public Parking Features: Garage Sewer: Public Sewer Fencing: Back Yard Utilities: Cable Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-08-12
Lease Term: 12 Months

Location Tax and Legal

Street Number: 577
Street Name: CODY
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2026-09-11T18:59:42Z
Major Change Type: Status Change
Purchase Contract Date: 2026-09-11
Close Date: 2026-09-11
Close Price: 2295

More Information

Listing Office: WEICHERT REALTORS THE COFFEY GROUP

Last Updated: September - 11 - 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.