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 ROCKINGHAM Road, Orange Park, FL 32073 (MLS# 772313)

586 ROCKINGHAM Road, Orange Park, FL 32073

$1,400

View frm fam rm to kitchen & dining room

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 2,106 Status: Closed

Current Price: $1,400 List Date: 5/14/2015 Last Modified: 1/21/2026

Overview

Description

Lovely all brick, 4 BR, 2 bath pool home in established area of Orange Park. Large kitchen with breakfast room, fireplace in family room and lovely screened lanai overlooking sparkling pool make this a wonderful family home tucked away in a quiet, established neighborhood in the heart of greater Orange Park.

Listing Details MLS# 772313

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2106
Living Area Source: Public Records
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Blanding Blvd. S, past Kingsley, to L on Belmont (Park West subdivision), to R on Rockingham, home on R
Public Remarks: Lovely all brick, 4 BR, 2 bath pool home in established area of Orange Park. Large kitchen with breakfast room, fireplace in family room and lovely screened lanai overlooking sparkling pool make this a wonderful family home tucked away in a quiet, established neighborhood in the heart of greater Orange Park.
List Price/SqFt: 0.66
Sold Price/SqFt: 0.66

Property Features

Architectural Style: Spanish Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Eat-in Kitchen Patio And Porch Features: Front Porch Pool Features: In Ground Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-05-14
Lease Term: 12 Months

Location Tax and Legal

Street Number: 586
Street Name: ROCKINGHAM
Street Suffix: Road
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 135-Park West/Montclair
Subdivision Name: Park West

Status Change Information

Major Change Timestamp: 2015-05-14T15:30:54Z
Major Change Type: Status Change
Purchase Contract Date: 2015-05-14
Close Date: 2015-05-14
Close Price: 1400

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 50
Security Deposit: 1400

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Per Period: 1400
Public Historical Remarks 2: Occupancy: Specific Date-CLO, Sewer - Public: Y, Parcel Size: Less than .25 acre, Min Lease/Rent Term: 12 Months
Public Historical Remarks 3: Date Available: Immediate

Listing Office: PERKINS REALTY

Last Updated: January - 21 - 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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