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.

744 CHERRY GROVE Road, Orange Park, FL 32073 (MLS# 2069243)

744 CHERRY GROVE Road, Orange Park, FL 32073

$580,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,995 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $580,000 List Date: 9/12/2025 Last Modified: 6/20/2026

Overview

Description

Don't miss this lovely, spacious pool home in Orange Park Country Club! With 4-bedrooms and 3.5-baths, this elegant property features nearly 3000 square feet in a versatile floor plan that offers something for everyone—including a soaring, light-filled great room, a 1st floor spacious primary suite and bath, a home office with custom shelving, an additional flex space on the 1st floor, a dining room, a 2nd floor loft with wet bar, a 2nd floor bonus/theatre room, a side-entry 2-car garage, and a screened pool/lanai with a fenced yard. When it comes to indoor/outdoor living, this home has you covered! Positioned on a generous lot, you can enjoy the extended covered lanai, move out to the screened saltwater pool (2020) for some fun in the sun, or retire to the screened patio off the breakfast nook for some reading or quiet conversation.

Supplements: Recent improvements under current ownership include the following: full irrigation system, pool/patio birdcage, new pool heater, new outdoor fans, garage storage racks, custom primary closet, custom office bookshelves, and water heater. The Orange Park Country Club is secured by a 24-hour manned guard gate and features wonderful amenities, includ ... (Read more)

Listing Details MLS# 2069243

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2995
Living Area Source: Assessor
Year Built: 1991
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.34
Association YN: Yes
Association Fee: 845.75
Association Fee Frequency: Semi-Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: Exit 295 on Blanding Blvd. Travel south to Loch Rane. Turn right and proceed through security gate. Turn left on Cherry Grove Rd and turn left. House is on the right.
Public Remarks: Don't miss this lovely, spacious pool home in Orange Park Country Club! With 4-bedrooms and 3.5-baths, this elegant property features nearly 3000 square feet in a versatile floor plan that offers something for everyone—including a soaring, light-filled great room, a 1st floor spacious primary suite and bath, a home office with custom shelving, an additional flex space on the 1st floor, a dining room, a 2nd floor loft with wet bar, a 2nd floor bonus/theatre room, a side-entry 2-car garage, and a screened pool/lanai with a fenced yard. When it comes to indoor/outdoor living, this home has you covered! Positioned on a generous lot, you can enjoy the extended covered lanai, move out to the screened saltwater pool (2020) for some fun in the sun, or retire to the screened patio off the breakfast nook for some reading or quiet conversation.
List Price/SqFt: 191.99
Sold Price/SqFt: 193.66

Property Features

Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: 24 Hour Security; Gated with Guard; Security Gate Construction Materials: Frame; Stucco Exterior Features: Outdoor Kitchen Patio And Porch Features: Covered; Rear Porch; Screened; Side Porch Pool Features: In Ground; Salt Water; Screen Enclosure Roof: Shingle Parking Features: Attached; Garage Lot Features: On Golf Course; Sprinklers In Front; Sprinklers In Rear View: Golf Course; Trees/Woods Fencing: Back Yard; Wrought Iron Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Maintenance Grounds; Pickleball; Playground; Security Association Fee Includes: Maintenance Grounds; Security; Other Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-02-06

Location Tax and Legal

Street Number: 744
Street Name: CHERRY GROVE
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Orange Park Cc

Status Change Information

Major Change Timestamp: 2025-10-26T21:57:06Z
Major Change Type: Status Change
Price Change Timestamp: 2025-08-03T00:54:04Z
Purchase Contract Date: 2025-09-18
Close Date: 2025-10-21
Close Price: 580000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: ERA ONETEAM REALTY

Last Updated: June - 20 - 2026

Information deemed reliable but not guaranteed.