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.

678 ROGER SHERMAN Street, Orange Park, FL 32073 (MLS# 1072576)

678 ROGER SHERMAN Street, Orange Park, FL 32073

$176,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,480 Status: Closed

Current Price: $176,000 List Date: 9/10/2020 Last Modified: 12/17/2025

Overview

Description

Solid home in Orange Park with 2 car garage. Tile floors in living area and additional bedrooms. Bright floor plan with spacious living room and convenient kitchen/dining area. Split floor plan. Large fully fenced backyard. Location close to the heart of Orange Park, close to shopping and restaurants.

Listing Details MLS# 1072576

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1480
Living Area Source: Public Records
Year Built: 1983
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Heading south on Blanding Blvd turn right on Constitution Dr to left on Roger Sherman St. Home on left.
Public Remarks: Solid home in Orange Park with 2 car garage. Tile floors in living area and additional bedrooms. Bright floor plan with spacious living room and convenient kitchen/dining area. Split floor plan. Large fully fenced backyard. Location close to the heart of Orange Park, close to shopping and restaurants.
List Price/SqFt: 121.62
Sold Price/SqFt: 118.92

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Pantry; Primary Bathroom - Tub with Shower; Primary Downstairs; Split Bedrooms Flooring: Carpet; Tile Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Vinyl Siding Patio And Porch Features: Patio Pool Features: None Roof: Shingle Fencing: Back Yard; Fenced; Wood Current Use: Residential Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-09-09

Location Tax and Legal

Street Number: 678
Street Name: ROGER SHERMAN
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 134-South Blanding
Subdivision Name: Heritage Hills

Status Change Information

Major Change Timestamp: 2020-10-28T20:51:55Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-30
Close Date: 2020-10-28
Close Price: 176000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Energy Features-Ridge Vents: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y

Listing Office: WATSON REALTY CORP

Last Updated: December - 17 - 2025

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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