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.

616 FALLEN TIMBERS Drive, Orange Park, FL 32073 (MLS# 2126840)

616 FALLEN TIMBERS Drive, Orange Park, FL 32073

$1,800

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,511 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $1,800 List Date: 1/25/2026 Last Modified: 2/17/2026

Overview

Description

This 3-bedroom, 2-bath home features a 2-car garage and a fully fenced yard, offering both comfort and privacy. The interior boasts durable plank flooring and tile throughout. The kitchen has brand new granite countertops and comes equipped with a full appliance package, including a refrigerator, electric range, microwave, dishwasher, and disposal. Also includes washer and dryer. Enjoy outdoor living year-round with a large screened-in covered patio located at the back of the home, perfect for relaxing or entertaining. No Pets.

Listing Details MLS# 2126840

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1511
Living Area Source: Assessor
Year Built: 2000
Lot Size Acres: 0.18
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: Going south on Blanding take a right on Argyle Forest Blvd. Left onto Cheswick Oaks. Right in Sweetbriar subdivision(Woodbriar) take a left @ Fallen Timbers off of Woodbriar.
Public Remarks: This 3-bedroom, 2-bath home features a 2-car garage and a fully fenced yard, offering both comfort and privacy. The interior boasts durable plank flooring and tile throughout. The kitchen has brand new granite countertops and comes equipped with a full appliance package, including a refrigerator, electric range, microwave, dishwasher, and disposal. Also includes washer and dryer. Enjoy outdoor living year-round with a large screened-in covered patio located at the back of the home, perfect for relaxing or entertaining. No Pets.
List Price/SqFt: 1.19
Sold Price/SqFt: 1.19

Property Features

Additional Lease Terms: 12 Months; Negotiable Owner Pays: Association Fees; Grounds Care; Management Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Laundry Features: In Garage Patio And Porch Features: Covered; Patio; Rear Porch; Screened Water Source: Public Parking Features: Additional Parking; Garage Sewer: Public Sewer Security Features: Smoke Detector(s) Fencing: Back Yard Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-01-25
Lease Term: 12 Months
Availability Date: 2026-01-25

Location Tax and Legal

Street Number: 616
Street Name: FALLEN TIMBERS
Street Suffix: Drive
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Sweetbriar

Status Change Information

Major Change Timestamp: 2026-02-17T19:42:45Z
Major Change Type: Status Change
Purchase Contract Date: 2026-02-17
Close Date: 2026-02-17
Close Price: 1800

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Additional Fee: 150
Application Fee: 85
Security Deposit: 1800

Listing Office: DOORVINE REALTY LLC

Last Updated: February - 17 - 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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