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.

85 DEBARRY Avenue 1056, Orange Park, FL 32073 (MLS# 1250957)

85 DEBARRY Avenue 1056, Orange Park, FL 32073

$165,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 980 Status: Closed

Current Price: $165,000 List Date: 10/04/2023 Last Modified: 4/17/2026

Overview

Description

Back on the market due to no fault of the seller. This two-bedroom two-bathroom home has so much to offer. You won't be disappointed when you walk in this private, end unit and see all the upgrades. This home is centered around the fireplace in the large living room. The LVP floors set this home off and flow throughout perfectly. The owners thoughtfully updated the kitchen with granite countertops that maximize functional counter space. This unit has one of the only back yards that has privacy fencing on the exposed side offering you a peaceful back porch and back yard setting.

Listing Details MLS# 1250957

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 980
Living Area Source: Public Records
Year Built: 1984
Association YN: Yes
Association Fee: 268
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Directions: From Blanding Blvd. turn onto Wells Rd and head East. Turn left onto Debarry Ave. Take the first left and this is the end unit on the left.
Public Remarks: Back on the market due to no fault of the seller. This two-bedroom two-bathroom home has so much to offer. You won't be disappointed when you walk in this private, end unit and see all the upgrades. This home is centered around the fireplace in the large living room. The LVP floors set this home off and flow throughout perfectly. The owners thoughtfully updated the kitchen with granite countertops that maximize functional counter space. This unit has one of the only back yards that has privacy fencing on the exposed side offering you a peaceful back porch and back yard setting.
List Price/SqFt: 178.47
Sold Price/SqFt: 168.37

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Entrance Foyer; Primary Bathroom - Tub with Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco; Wood Siding Patio And Porch Features: Glass Enclosed; Patio Roof: Shingle Current Use: Multi-Family; Residential Association Amenities: Community Pool Association Fee Includes: Maintenance Grounds Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2023-10-04

Location Tax and Legal

Street Number: 85
Street Name: DEBARRY
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park
Subdivision Name: Wells Ridge

Status Change Information

Major Change Timestamp: 2023-12-06T21:36:50Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-12T23:06:19Z
Purchase Contract Date: 2023-11-10
Close Date: 2023-12-01
Close Price: 165000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Glass Room: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-French Door(s): Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Occupant Type: Occupied - Lockbox, See ShowingAssist, See Private Remarks

Room Information

Room Name
Utility Room

Documents

HOA DISCLOSURE ›

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: April - 17 - 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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