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.

165 OXFORD ESTATES Way, St. Johns, FL 32259 (MLS# 2128605)

165 OXFORD ESTATES Way, St. Johns, FL 32259

$885,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,737 Status: Closed

Current Price: $885,000 List Date: 2/05/2026 Last Modified: 4/07/2026

Overview

Description

Located in the gated community of Oxford Estates, this spacious 3,737 sq ft David Weekly Homes build offers 4 bedrooms, 4 bathrooms, and a 3-car tandem garage on a private 0.33-acre preserve lot with no CDD fees. Built in 2015, the home features a well-appointed kitchen with granite countertops and GE stainless steel appliances, an office/den with custom built-in cabinetry, and a sunroom for additional living space. The primary suite includes a large walk-in closet and a zero-entry extended shower with bench seating, corner shelf, dual sinks, and a linen closet. Enjoy Florida outdoor living with a fully fenced backyard, heated saltwater pool with new pump and salt generator (2025), caged enclosure with lighting, outdoor kitchen, and fire pit patio. Additional highlights include a widened driveway, added loft storage, tri-window build-out in the primary bedroom, and exterior paint completed in 2025.

Listing Details MLS# 2128605

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3737
Living Area Source: Public Records
Building Area Total: 3737
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 1250
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From 9B South take the St. Johns Pkwy exit North. Left on Longleaf Pine Pkwy. Follow all the way down passed Aberdeen. Right to Oxford Estates Gate. House will be on the left
Public Remarks: Located in the gated community of Oxford Estates, this spacious 3,737 sq ft David Weekly Homes build offers 4 bedrooms, 4 bathrooms, and a 3-car tandem garage on a private 0.33-acre preserve lot with no CDD fees. Built in 2015, the home features a well-appointed kitchen with granite countertops and GE stainless steel appliances, an office/den with custom built-in cabinetry, and a sunroom for additional living space. The primary suite includes a large walk-in closet and a zero-entry extended shower with bench seating, corner shelf, dual sinks, and a linen closet. Enjoy Florida outdoor living with a fully fenced backyard, heated saltwater pool with new pump and salt generator (2025), caged enclosure with lighting, outdoor kitchen, and fire pit patio. Additional highlights include a widened driveway, added loft storage, tri-window build-out in the primary bedroom, and exterior paint completed in 2025.
List Price/SqFt: 240.57
Sold Price/SqFt: 236.82

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Dryer; Gas Range; Washer; Water Softener Owned Interior Features: Built-in Features; Ceiling Fan(s); Kitchen Island; Pantry; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Connected Cooling: Central Air Heating: Central Water Source: Public Patio And Porch Features: Covered; Patio; Screened Pool Features: In Ground Parking Features: Garage Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Dog Park; Gated; Park Community Features: Gated Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-02-04

Location Tax and Legal

Street Number: 165
Street Name: OXFORD ESTATES
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Oxford Estates

Status Change Information

Major Change Timestamp: 2026-04-07T21:51:12Z
Major Change Type: Status Change
Purchase Contract Date: 2026-02-05
Close Date: 2026-04-06
Close Price: 885000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: EXP REALTY LLC

Last Updated: April - 07 - 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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