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.

851 WILMINGTON Lane, Orange Park, FL 32065 (MLS# 951861)

851 WILMINGTON Lane, Orange Park, FL 32065

$320,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,976 Status: Closed

Current Price: $320,000 List Date: 8/11/2018 Last Modified: 2/13/2026

Overview

Description

**MUST SELL** MOTIVATED SELLER **$2500 TOWARDS BUYERS CLOSING COSTS!!**1 Year Home Warranty This home is wonderful for entertaining with a spacious open flow. Gorgeous new granite and updated appliances in the kitchen and bathrooms. Glass doors lead you outside to a beautiful pool with a beach step and a spacious lanai to entertain and relax in! Just off the lanai is a vibrant koi pond with a babbling waterfall! The tropical landscaping surrounding the backyard make it feel like paradise! This home has 5 bedrooms; the beautifully appointed master is downstairs and 4 bedrooms upstairs with a separate great room! There are 3 1/2 baths and a 3 car garage with an extra wide driveway for additional cars. It is located on a quiet a cul-de-sac and you couldn't ask for better neighbors!

Listing Details MLS# 951861

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2976
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Association Fee: 60
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1596
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: I295; South on Blanding Blvd; R on Argyle Forest; L on Oakleaf Village Pkwy; L Oakside Dr; 1st R out of Roundabout on to Wakemont Dr; L on Hawksmore Dr; L on Wilmington Ln. Home is in cul de sac.
Public Remarks: **MUST SELL** MOTIVATED SELLER **$2500 TOWARDS BUYERS CLOSING COSTS!!**1 Year Home Warranty This home is wonderful for entertaining with a spacious open flow. Gorgeous new granite and updated appliances in the kitchen and bathrooms. Glass doors lead you outside to a beautiful pool with a beach step and a spacious lanai to entertain and relax in! Just off the lanai is a vibrant koi pond with a babbling waterfall! The tropical landscaping surrounding the backyard make it feel like paradise! This home has 5 bedrooms; the beautifully appointed master is downstairs and 4 bedrooms upstairs with a separate great room! There are 3 1/2 baths and a 3 car garage with an extra wide driveway for additional cars. It is located on a quiet a cul-de-sac and you couldn't ask for better neighbors!
List Price/SqFt: 110.85
Sold Price/SqFt: 107.53

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Porch; Screened Pool Features: In Ground; Electric Heat Roof: Shingle Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Other Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2018-08-11

Location Tax and Legal

Street Number: 851
Street Name: WILMINGTON
Street Suffix: Lane
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Oakleaf Plantation

Status Change Information

Major Change Timestamp: 2023-11-14T08:41:49Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-10-12T00:50:53Z
Purchase Contract Date: 2018-11-19
Close Date: 2019-01-04
Close Price: 320000

Historical Information

Public Historical Remarks 1: Utilities-Separate Irrigation Meter: Y, Dining-Kitchen/Family Combo: Y, Football Field(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Oversize Garage/Storage: Y

More Information

Room Information

Room Name
Living Room
Family Room
Utility Room

Documents

Sellers Disclosure ›

Listing Office: BETROS REALTY INC

Last Updated: February - 13 - 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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