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 3014, Orange Park, FL 32073 (MLS# 925930)

85 DEBARRY Avenue 3014, Orange Park, FL 32073

$88,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,150 Status: Closed

Current Price: $88,000 List Date: 3/14/2018 Last Modified: 7/29/2026

Overview

Listing Details MLS# 925930

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1150
Living Area Source: Public Records
Year Built: 1985
Association YN: Yes
Association Fee: 240
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: Wells rd to turn by Steak and Shake into Wells Ridge Condos, first right
List Price/SqFt: 78.26
Sold Price/SqFt: 76.52

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Electric Range; Electric Water Heater; Refrigerator Fireplace Features: Wood Burning Interior Features: Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Patio And Porch Features: Porch; Screened Parking Features: Assigned; Garage Door Opener Current Use: Multi-Family Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2018-03-14

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: 2018-04-20T16:50:15Z
Major Change Type: Status Change
Purchase Contract Date: 2018-03-14
Close Date: 2018-04-20
Close Price: 88000

Historical Information

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

More Information

Listing Office: NON MLS (realMLS)

Last Updated: July - 29 - 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.