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.

820 FILMORE Lane, Orange Park, FL 32073 (MLS# 2070033)

820 FILMORE Lane, Orange Park, FL 32073

$475,000

Virtual Tour

https://www.homes.com/property/820-filmore-ln-orange-park-fl/fj50gvbd68s17/?l=b4snwwx61kgkg

01-all_floors_820_filmore_lane_orange_pa

818 - Dining area (From previous listing)

818 - Family room (From previous listing)

818 - Primary Bed (From previous listing)

818 - Primary Bath (From previous listing)

818 - Primary Walki-in (From previous listing)

Property Type: Residential Income Bedrooms: 6 Baths: 4 Square Footage: 4,330 Lot Size (sq. ft.): 13,939 Status: Closed

Current Price: $475,000 List Date: 2/13/2025 Last Modified: 1/12/2026

Overview

Description

Rare Duplex Opportunity! Perfect Air BNB and/or Short Term Rental! Take advantage now with NAS Jacksonville just 10 minutes away! House Hacking Opportunity! Use your VA Loan! Ideal for investors or those looking to live in one unit and rent the other for just 1-Year prior finding your next investment opportunity. This rare investment property offers six beds, four baths, and 3,358 sq. ft. of living space, split into two identical units. Each side features a one-car garage, a spacious covered patio, and a fully fenced backyard with scenic views. With the option to extend the fence for added privacy. Just minutes from NAS Jacksonville, shopping, dining, and easy 295 access. High demand and rental income potential make this a must-see! Act fast—before it's too late! Perfect for maximizing ROI in a sought-after area. Don't miss out—bring all offers!!

Listing Details MLS# 2070033

General Property Information

Number Of Units Total: 2
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 3358
Living Area Source: Appraiser
Building Area Total: 4330
Accessibility Features YN: No
New Construction YN: No
Year Built: 2013
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.32
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Stories: Yes
Directions: From Grumpy's Restaurant. Head south toward Kingsley Ave. Turn right toward Kingsley Ave. Turn left onto Kingsley Ave. Turn right at the 1st cross street onto Miller St. Turn right onto Filmore Ln. The destination will be on the right.
Public Remarks: Rare Duplex Opportunity! Perfect Air BNB and/or Short Term Rental! Take advantage now with NAS Jacksonville just 10 minutes away! House Hacking Opportunity! Use your VA Loan! Ideal for investors or those looking to live in one unit and rent the other for just 1-Year prior finding your next investment opportunity. This rare investment property offers six beds, four baths, and 3,358 sq. ft. of living space, split into two identical units. Each side features a one-car garage, a spacious covered patio, and a fully fenced backyard with scenic views. With the option to extend the fence for added privacy. Just minutes from NAS Jacksonville, shopping, dining, and easy 295 access. High demand and rental income potential make this a must-see! Act fast—before it's too late! Perfect for maximizing ROI in a sought-after area. Don't miss out—bring all offers!!
List Price/SqFt: 148.9
Sold Price/SqFt: 141.45

Property Features

Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Microwave; Refrigerator Construction Materials: Fiber Cement; Vinyl Siding Cooling: Central Air Current Use: Multi-Family; Single Family Fencing: Full; Wood Financial Data Source: Owner Flooring: Carpet; Tile Heating: Central Income Includes: Rent Only Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Dead End Street Owner Pays: Taxes; Trash Collection Parking Features: Garage; Garage Door Opener Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Tenant Pays: All Utilities; Cable TV; Electricity; Insurance; Sewer; Water Utilities: Cable Available; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected View: Trees/Woods Water Source: Public