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 PINE FOREST Trail, Orange Park, FL 32073 (MLS# 2172041)

577 PINE FOREST Trail, Orange Park, FL 32073

New Listing

$319,900

Floor to Ceiling Fireplace and Soaring Ceilings!

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,233 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $319,900 List Date: 11/04/2026 Last Modified: 11/06/2026

Overview

Description

Open House Sunday Nov 8 - Noon to 3 pm. Available to be your new home: Beautiful and Updated single-story townhome in desirable Wells Landing with over 1,700 sq. ft., soaring 15-foot Vaulted ceiling, a gas fireplace, split floor plan and flex room. Pride of ownership shines throughout this freshly painted, well-maintained home. Updates include new flooring, an updated kitchen, new blown-in insulation, new HVAC ducts, new water heater, new door and hardware, and new soffit screens plus much more. Sit and relax on the screened porch or outdoor deck overlooking a private, fenced and newly landscaped backyard. Move-in ready with no CDD fee and a low annual HOA fee, Wells Landing Community benefits include a pool, limited front-yard maintenance, lawn spraying and a termite bond. Convenient to shopping, dining, NAS JAX, I-295 and the St. Johns River, with downtown Jacksonville and area beaches approximately 20-40 minutes away, come make this wonderful community your next home.

Supplements: Come find your new home in this close knit and quiet community - with room to bike, walk your pet, or enjoy the large oak trees. Won't last long as this community is highly coveted for it uniqueness and charm and near the Orange Park Mall which is undergoing a multi million dollar improvement w Sprouts Organic Grocer to be a main tenant.

Open Houses

Tomorrow, 12:00 pm - 3:00 pm

Listing Details MLS# 2172041

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1718
Living Area Source: Public Records
Building Area Total: 2233
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.15
Association YN: Yes
Association Fee: 1425
Association Fee Frequency: Annually
Association Name: Wells Landing
Association Phone: 904-563-3928
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From I295, exit Park/Roosevelt/Hwy 17 - head South to Wells Road, right onto, Community Entrance on the left/Wells Landing Dr. Go Straight, take first left onto Pine Forest Trl - Community Pool will be to your left - Home is 5th home on the left.
Public Remarks: Open House Sunday Nov 8 - Noon to 3 pm. Available to be your new home: Beautiful and Updated single-story townhome in desirable Wells Landing with over 1,700 sq. ft., soaring 15-foot Vaulted ceiling, a gas fireplace, split floor plan and flex room. Pride of ownership shines throughout this freshly painted, well-maintained home. Updates include new flooring, an updated kitchen, new blown-in insulation, new HVAC ducts, new water heater, new door and hardware, and new soffit screens plus much more. Sit and relax on the screened porch or outdoor deck overlooking a private, fenced and newly landscaped backyard. Move-in ready with no CDD fee and a low annual HOA fee, Wells Landing Community benefits include a pool, limited front-yard maintenance, lawn spraying and a termite bond. Convenient to shopping, dining, NAS JAX, I-295 and the St. Johns River, with downtown Jacksonville and area beaches approximately 20-40 minutes away, come make this wonderful community your next home.
List Price/SqFt: 186.2

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 6 Months Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Fireplace Features: Gas Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Primary Bathroom - Shower No Tub; Skylight(s); Split Bedrooms; Vaulted Ceiling(s) Flooring: Laminate; Tile; Wood Laundry Features: Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Water Source: Public Sewer: Public Sewer Security Features: Security Lights Construction Materials: Brick; Wood Siding Patio And Porch Features: Covered; Deck; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener; Off Street Lot Features: Few Trees Fencing: Back Yard; Fenced; Full; Privacy; Wood Current Use: Residential; Single Family Association Amenities: Community Pool Association Fee Includes: Maintenance Grounds; Pest Control Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-10-31

Location Tax and Legal

Street Number: 577
Street Name: PINE FOREST
Street Suffix: Trail
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 133-North Orange Park
Subdivision Name: Wells Landing

Status Change Information

Major Change Timestamp: 2026-11-04T08:15:35Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: Yes

Listing Office: ONE SOTHEBY'S INTERNATIONAL REALTY

Last Updated: November - 06 - 2026

Information deemed reliable but not guaranteed.