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.

1007 OTTER CREEK Drive, Orange Park, FL 32065 (MLS# 2001206)

1007 OTTER CREEK Drive, Orange Park, FL 32065

$382,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,685 Lot Size (sq. ft.): 7,187 Status: Closed

Current Price: $382,000 List Date: 12/29/2023 Last Modified: 2/27/2026

Overview

Description

PRICED TO SELL! in highly desirable OAKLEAF community, most needs covered within few miles. ''Turn Key'' must see, 1 story, home. Live comfortably with 4 beds, 2 Baths, modern improvements throughout. New Roof/HVAC 6/23, fresh exterior paint 2022, renovated 2nd bath 12/23. Fully updated kitchen with 42'' kitchen cabinets, Quartz counter tops, tiled backsplash & integrated Stainless appliances. Plenty of space for living or entertaining, enjoy the Breakfast nook, with separate Dining/Living room combo. Fall in love with the Large Master Bedroom, Walk-in closet, bathtub, tiled shower and upgraded vanities. New lighting and wood burning fireplace sets the right mood. Spacious fully vinyl fenced yard for added security. Installed Gutters throughout! Enjoy tranquility in back patio facing wooded area. Located in dead end street close to top rated schools. Transferable Termite bond..LOW HOA. Enjoy amenity centers: Pools, Gyms, Playgrounds and outdoor sport fields. Schedule your showing tod

Listing Details MLS# 2001206

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2112
Living Area Source: Public Records
Building Area Total: 2685
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.165
Lot Size Dimensions: 7173 sq ft
Association YN: Yes
Association Fee: 85
Association Fee Frequency: Annually
Association Name: OAKLEAF PLANTATION EAST WEST
Association Phone: 904.806.2006
CDD Fee YN: Yes
CDD Fee Amount: 2044.33
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From SR 23 South Bound, Take exit 35 toward Oakleaf Plantation Parkway/Discovery Dr onto Oakleaf Plantation Pkwy. Right on Deer View Ln, Right on Timberline Dr, Right on Maple Ln, Right on Otter Creek Dr. House is on the left
Public Remarks: PRICED TO SELL! in highly desirable OAKLEAF community, most needs covered within few miles. ''Turn Key'' must see, 1 story, home. Live comfortably with 4 beds, 2 Baths, modern improvements throughout. New Roof/HVAC 6/23, fresh exterior paint 2022, renovated 2nd bath 12/23. Fully updated kitchen with 42'' kitchen cabinets, Quartz counter tops, tiled backsplash & integrated Stainless appliances. Plenty of space for living or entertaining, enjoy the Breakfast nook, with separate Dining/Living room combo. Fall in love with the Large Master Bedroom, Walk-in closet, bathtub, tiled shower and upgraded vanities. New lighting and wood burning fireplace sets the right mood. Spacious fully vinyl fenced yard for added security. Installed Gutters throughout! Enjoy tranquility in back patio facing wooded area. Located in dead end street close to top rated schools. Transferable Termite bond..LOW HOA. Enjoy amenity centers: Pools, Gyms, Playgrounds and outdoor sport fields. Schedule your showing tod
List Price/SqFt: 182.29
Sold Price/SqFt: 180.87

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Dryer; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Electric Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Programmable Thermostat Green Water Conservation: Water Recycling Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame; Stucco Other Structures: Shed(s) Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: Attached; Garage Lot Features: Dead End Street View: Trees/Woods Fencing: Back Yard; Full; Vinyl Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection Room Types: Primary Bedroom