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 3086, Orange Park, FL 32073 (MLS# 1078578)

85 DEBARRY Avenue 3086, Orange Park, FL 32073

$114,000

Virtual Tour

https://my.matterport.com/show?m=tdC1HXmWY6G&brand=0

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

Current Price: $114,000 List Date: 10/18/2020 Last Modified: 7/29/2026

Overview

Description

Affordable 3/2 single story home with a great location ! Orange Park mall and restaurants are all within walking distance. Cozy home offers a one car garage, large great room with wood burning fireplace, open kitchen for your entertaining, tankless water heater, washer and dryer, enjoy these cool evenings on the enclosed back porch. Community pool is nearby.

Listing Details MLS# 1078578

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: 245
Association Fee Frequency: Monthly
Association Name: PCM
Association Phone: 9042982321
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Directions: I295 to Blanding Bvd into Orange Park, left onto Wells Rd, left onto Debarry Av, after pool area, make a right, home on corner on the left
Public Remarks: Affordable 3/2 single story home with a great location ! Orange Park mall and restaurants are all within walking distance. Cozy home offers a one car garage, large great room with wood burning fireplace, open kitchen for your entertaining, tankless water heater, washer and dryer, enjoy these cool evenings on the enclosed back porch. Community pool is nearby.
List Price/SqFt: 103.48
Sold Price/SqFt: 99.13

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat; Patio Home Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer Fireplace Features: Wood Burning Interior Features: Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Wood Siding Patio And Porch Features: Front Porch; Glass Enclosed; Patio Roof: Shingle Parking Features: Assigned; Garage Door Opener Lot Features: Zero Lot Line Current Use: Residential; Single Family Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2020-10-18

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: 2020-11-02T18:23:36Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-29
Close Date: 2020-11-02
Close Price: 114000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Interior Amenities-Window Treatment(s): Y
Public Historical Remarks 2: Glass Room: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y

Room Information

Room Name
Great Room

Listing Office: FLORIDA HOMES REALTY & MTG LLC

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.

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