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 2032, Orange Park, FL 32073 (MLS# 1239541)

85 DEBARRY Avenue 2032, Orange Park, FL 32073

$169,900

Virtual Tour

https://youtu.be/XIkKLs2u7eg

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,250 Status: Closed

Current Price: $169,900 List Date: 7/26/2023 Last Modified: 1/19/2026

Overview

Description

Fantastic single story condo with a screened in back patio overlooking a preserve, wood burning fireplace, volume ceiling and wet bar. A/C was replaced in 2021, popcorn ceiling was been removed, master bathroom has been renovated. Refrigerator and dishwasher are both new. $3,500 flooring allowance available for the right offer. Make your showing appointment today!

Listing Details MLS# 1239541

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1250
Living Area Source: Public Records
Year Built: 1984
Association YN: Yes
Association Fee: 275
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
Directions: From I-295, exit Blanding Ave south and turn left onto Wells Road. Go to DeBarry Ave and turn left. Go to 2nd stop sign and turn left, unit is on the left.
Public Remarks: Fantastic single story condo with a screened in back patio overlooking a preserve, wood burning fireplace, volume ceiling and wet bar. A/C was replaced in 2021, popcorn ceiling was been removed, master bathroom has been renovated. Refrigerator and dishwasher are both new. $3,500 flooring allowance available for the right offer. Make your showing appointment today!
List Price/SqFt: 135.92
Sold Price/SqFt: 135.92

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Laminate Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Porch; Screened Parking Features: Additional Parking Lot Features: Wooded Current Use: Residential Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2023-07-26

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: 2023-10-16T20:03:08Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-04
Close Date: 2023-09-18
Close Price: 169900

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 2: Dining-Living/Dining Combo: Y

Documents

Offer Instructions ›

Sellers Property Disclosure ›

Condo Rider ›

Declaration of Condo ›

Rules & Regulations ›

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: January - 19 - 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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