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.

728 TIMBERMILL Lane, Orange Park, FL 32065 (MLS# 763585)

728 TIMBERMILL Lane, Orange Park, FL 32065

$184,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,221 Status: Closed

Current Price: $184,000 List Date: 3/23/2015 Last Modified: 12/30/2025

Overview

Description

Large two story home on cul de sac. Open living floor plan with office on the first floor and large living/dining/kitchen area. Upstairs is 4 bedrooms with 2 baths. Fenced back yard with room for entertaining. 2 car garage with garage door opener.

Listing Details MLS# 763585

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2221
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Association Fee: 60
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1596.66
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Oak Leaf Plantation - follow into the subdivision to left on Oakside drive (just past school) to Right on Bellshire, to left on Timberlake Drive to Right on Timberlake Lane
Public Remarks: Large two story home on cul de sac. Open living floor plan with office on the first floor and large living/dining/kitchen area. Upstairs is 4 bedrooms with 2 baths. Fenced back yard with room for entertaining. 2 car garage with garage door opener.
List Price/SqFt: 87.8
Sold Price/SqFt: 82.85

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Contemporary Appliances: Electric Range; Electric Water Heater; Refrigerator Interior Features: Entrance Foyer; Primary Bathroom -Tub with Separate Shower Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Vinyl Siding Patio And Porch Features: Front Porch Pool Features: None Roof: Shingle Fencing: Back Yard Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-03-22

Location Tax and Legal

Street Number: 728
Street Name: TIMBERMILL
Street Suffix: Lane
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Oakleaf Plantation

Status Change Information

Major Change Timestamp: 2015-05-14T13:07:27Z
Major Change Type: Status Change
Purchase Contract Date: 2015-05-06
Close Date: 2015-05-12
Close Price: 184000

Historical Information

Public Historical Remarks 2: Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Security, Call Listing Office, Vacant -Lockbox

More Information

Listing Office: WATSON REALTY CORP

Last Updated: December - 30 - 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.