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.

783 HARDWOOD Street, Orange Park, FL 32065 (MLS# 851518)

783 HARDWOOD Street, Orange Park, FL 32065

$170,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,508 Status: Closed

Current Price: $170,000 List Date: 10/17/2016 Last Modified: 3/09/2026

Overview

Description

$1,000. bonus on purchase and sale agreement dated between now and December 31,2016 Charming updated 3/2 in the sought after neighborhood of Ridge Crest. Roof is 5 years old, a/c unit five years old. updated kitchen cabinets, laminate flooring, plantation shutters, stone fireplace, covered patio at rear. Seller says that all offers will be considered.

Listing Details MLS# 851518

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1508
Living Area Source: Public Records
Year Built: 1985
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: South on Blanding, Right on Camp Francis Johnson, Left on Elmwood, Right on Hardwood, home is on the right.
Public Remarks: $1,000. bonus on purchase and sale agreement dated between now and December 31,2016 Charming updated 3/2 in the sought after neighborhood of Ridge Crest. Roof is 5 years old, a/c unit five years old. updated kitchen cabinets, laminate flooring, plantation shutters, stone fireplace, covered patio at rear. Seller says that all offers will be considered.
List Price/SqFt: 117.31
Sold Price/SqFt: 112.73

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Washer Interior Features: Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Frame Patio And Porch Features: Covered; Front Porch; Patio; Porch Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard 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: 2016-10-17

Location Tax and Legal

Street Number: 783
Street Name: HARDWOOD
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 134-South Blanding
Subdivision Name: Ridgecrest

Status Change Information

Major Change Timestamp: 2023-11-14T07:00:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-01-12T17:08:22Z
Purchase Contract Date: 2017-02-06
Close Date: 2017-04-14
Close Price: 170000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y, Stone Fireplace: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Interior Amenities-French Door(s): Y

Listing Office: RIVER OAK REALTY

Last Updated: March - 09 - 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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