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# 2070602)

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

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 4,330 Lot Size (sq. ft.): 14,288 Status: Closed

Current Price: $475,000 List Date: 7/04/2025 Last Modified: 1/30/2026

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# 2070602

General Property Information

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3358
Living Area Source: Appraiser
Building Area Total: 4330
Year Built: 2013
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.328
Lot Size Dimensions: 14287.68
Association YN: No
CDD Fee YN: No
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
Stories: Yes
Senior Community YN: No
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. 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; Electric Range; Microwave; Refrigerator Interior Features: Entrance Foyer; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Composition Siding; Fiber Cement Patio And Porch Features: Covered; Patio Parking Features: Additional Parking; Garage; Off Street Lot Features: Dead End Street View: Trees/Woods Current Use: Multi-Family; Single Family Road Surface Type: Paved Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan Room Types: Bathroom 3; Bedroom 1; Bedroom 2; Bedroom 3; Primary Bedroom