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.

691 REESE Avenue, Orange Park, FL 32065 (MLS# 2084029)

691 REESE Avenue, Orange Park, FL 32065

$245,000

Virtual Tour

https://view.therealestateographers.com/order/50ae7583-3d7e-489f-bf65-08dd818a1618?branding=false

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,662 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $245,000 List Date: 4/25/2025 Last Modified: 6/05/2026

Overview

Description

This move-in ready 3-bedrm, 2.5-bath townhome with a 2-car garage offers recent updates including brand-new carpet & fresh paint inside & out. The roof has been recently replaced, & a water softener is included for added value.This floorplan offers a unique courtyard-style foyer entry into a thoughtfully designed floor plan w/tile flooring on the main level. The kitchen features 42'' cabinets w/crown molding & a cabinet bump-up, a prep island bar-top that opens seamlessly to the family and dining areas—perfect for entertaining. The family rm showcases a tray ceiling and offers generous under-stair storage, plus a convenient powder bath for guests.Upstairs, the split bedroom layout provides privacy for all. 2 secondary bedrooms share a bath, while the owner's suite impresses w/ an architecturally inspired ceiling, a lrg walk-in closet, and a spacious en-suite w/ dbl vanities. The laundry room is also upstairs for easy access. Enjoy all of Oakleaf Plantation's sought-after amenities!

Supplements: This property is conveniently located to Plantation Oaks Elementary, Oakleaf Junior High School and Oakleaf High School.

Listing Details MLS# 2084029

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1662
Living Area Source: Public Records
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 132
Association Fee Frequency: Monthly
Association Name: Willowbrook @ Oakleaf Plantation
Association Phone: 904-220-8009
CDD Fee YN: Yes
CDD Fee Amount: 1349.4
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: I-295 N to Exit 12 for Blanding Blvd/Collins Rd. Follow Exit to Collins Rd. Left onto Collins Rd to Left onto Old Middleburg Rd S to Rt onto Plantation Oaks Blvd to right onto Aubrey Ln to Rt onto Reese Ave. Home is on the left
Public Remarks: This move-in ready 3-bedrm, 2.5-bath townhome with a 2-car garage offers recent updates including brand-new carpet & fresh paint inside & out. The roof has been recently replaced, & a water softener is included for added value.This floorplan offers a unique courtyard-style foyer entry into a thoughtfully designed floor plan w/tile flooring on the main level. The kitchen features 42'' cabinets w/crown molding & a cabinet bump-up, a prep island bar-top that opens seamlessly to the family and dining areas—perfect for entertaining. The family rm showcases a tray ceiling and offers generous under-stair storage, plus a convenient powder bath for guests.Upstairs, the split bedroom layout provides privacy for all. 2 secondary bedrooms share a bath, while the owner's suite impresses w/ an architecturally inspired ceiling, a lrg walk-in closet, and a spacious en-suite w/ dbl vanities. The laundry room is also upstairs for easy access. Enjoy all of Oakleaf Plantation's sought-after amenities!
List Price/SqFt: 155.17
Sold Price/SqFt: 147.41

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Eat-in Kitchen; Kitchen Island; Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Patio And Porch Features: Covered; Porch Roof: Shingle Parking Features: Garage Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Golf Course; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Contingency Reason: Financing; Inspection