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.

586 HOLLY LAKES Drive, Orange Park, FL 32073 (MLS# 2111874)

586 HOLLY LAKES Drive, Orange Park, FL 32073

$1,545

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Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,483 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $1,545 List Date: 10/03/2025 Last Modified: 10/14/2026

Overview

Description

Base rent: $1,746 + $29 RBP = $1,775/month Welcome to 586 Holly Lakes Dr, a modern 3-bed, 2.5-bath townhome in Bellair-Meadowbrook Terrace, Jacksonville. Enjoy an open-concept layout with stainless steel appliances, granite counters, and a breakfast bar. The family room opens to a private patio. Washer & dryer included! Upstairs features a spacious primary suite with en-suite bath & walk-in closet, plus two additional bedrooms. Extras: 1-car garage, energy-efficient features, and stylish finishes. Close to Oakleaf Town Center, Jennings State Forest, and major highways. All residents enrolled in our Resident Benefits Package (RBP): utility concierge, air filter delivery, credit-building, and more. Self-guided tours available via Rently. Contact us today!

Listing Details MLS# 2111874

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1483
Living Area Source: Appraiser
Year Built: 2025
Lot Size Acres: 0.05
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: Take I-295 W towards Orange Park. Take the Blanding Blvd exit and head N. Turn left onto Wells Road. Turn left onto Holly Lakes Dr.
Public Remarks: Base rent: $1,746 + $29 RBP = $1,775/month Welcome to 586 Holly Lakes Dr, a modern 3-bed, 2.5-bath townhome in Bellair-Meadowbrook Terrace, Jacksonville. Enjoy an open-concept layout with stainless steel appliances, granite counters, and a breakfast bar. The family room opens to a private patio. Washer & dryer included! Upstairs features a spacious primary suite with en-suite bath & walk-in closet, plus two additional bedrooms. Extras: 1-car garage, energy-efficient features, and stylish finishes. Close to Oakleaf Town Center, Jennings State Forest, and major highways. All residents enrolled in our Resident Benefits Package (RBP): utility concierge, air filter delivery, credit-building, and more. Self-guided tours available via Rently. Contact us today!
List Price/SqFt: 1.04
Sold Price/SqFt: 1.04

Property Features

Additional Lease Terms: 12 Months Appliances: Electric Cooktop; Electric Oven; Electric Range; ENERGY STAR Qualified Dishwasher; Ice Maker; Microwave; Refrigerator; Washer/Dryer Stacked Water Source: Public Parking Features: Attached; Garage; Off Street Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep

Contract Information

Rental Service: Other
Rental Application URL: https://rent.findigs.com/f8889c47-c4ad-438a-9322-c9ae106ac5ec?companyID=15043&source=iframe
Property Sub Type: Townhouse
Listing Contract Date: 2025-08-05
Lease Term: 12 Months

Location Tax and Legal

Street Number: 586
Street Name: HOLLY LAKES
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 067-Collins Rd/Argyle/Oakleaf Plantation (Duval)
Subdivision Name: Ortega Hills

Status Change Information

Major Change Timestamp: 2025-12-01T17:07:41Z
Major Change Type: Status Change
Price Change Timestamp: 2025-11-13T22:47:12Z
Purchase Contract Date: 2025-11-24
Close Date: 2025-11-24
Close Price: 1545

Deposits and Fees

Additional Fee: 100
Application Fee: 75
Pet Fee/Deposit: 300

More Information

Listing Office: BRIDGE HOMES

Last Updated: October - 14 - 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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