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 1094, Orange Park, FL 32073 (MLS# 858556)

85 DEBARRY Avenue 1094, Orange Park, FL 32073

$64,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,014 Status: Closed

Current Price: $64,000 List Date: 12/12/2016 Last Modified: 10/14/2026

Overview

Description

LOCATION! LOCATION! LOCATION! Across from Orange Park Mall, restaurants and quick access to the expressway. End unit is always a plus. One reserved parking space with plenty additional parking. The association expertly maintains this property. Only a stone’s throw from the community pool and mailbox. No one lives below or above you. Move in ready.

Listing Details MLS# 858556

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1014
Living Area Source: Public Records
Year Built: 1983
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 220
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Directions: From Park Ave/US 17 go west on Wells Rd 1.6 miles, right Debarry Ave, Wells Ridge Condos are on the left
Public Remarks: LOCATION! LOCATION! LOCATION! Across from Orange Park Mall, restaurants and quick access to the expressway. End unit is always a plus. One reserved parking space with plenty additional parking. The association expertly maintains this property. Only a stone’s throw from the community pool and mailbox. No one lives below or above you. Move in ready.
List Price/SqFt: 73.87
Sold Price/SqFt: 63.12

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Ice Maker; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Primary Bathroom - Shower No Tub; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame Pool Features: Other Roof: Shingle Parking Features: Assigned Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Trash Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Trash Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2016-12-12
Unit Type: End Unit

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: 2017-02-08T18:06:12Z
Major Change Type: Status Change
Purchase Contract Date: 2016-12-16
Close Date: 2017-02-06
Close Price: 64000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Separate Electric Meter(s): Y, Fireplace-Living Room: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Utilities-Separate Water Meter(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

Room Information

Room Name
Utility Room

Listing Office: ROGER BILLS, BROKER

Last Updated: October - 14 - 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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