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.

166 SWEET OAK Way, St. Johns, FL 32095 (MLS# 1220745)

166 SWEET OAK Way, St. Johns, FL 32095

$500,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,257 Status: Closed

Current Price: $500,000 List Date: 4/06/2023 Last Modified: 4/17/2026

Overview

Description

Perfect home and perfectly priced in Twin Creeks. Spacious open floorplan with an owner's suite on the first floor, 3 bedrooms upstairs, huge loft, 2 car garage, screened lanai, and a private fenced in backyard. Newly painted interior and natural lighting throughout. Spacious kitchen, featuring stainless steel appliances, gas range, walk in pantry, island entertaining area and a private dining room. The living area has plenty of space for family gatherings while enjoying privacy in the screened in lanai. Large laundry room, washer and dryer, water softener and a security system. Community pool, fitness center, dog park, playgrounds and a private boat launch. Conveniently located to Interstate 95/295 and only 20 minutes to the beach or downtown St Augustine.

Listing Details MLS# 1220745

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2257
Living Area Source: Public Records
Year Built: 2019
Lot Size Dimensions: 43 X 140 OR .013 ACRES
Association YN: Yes
Association Fee: 301.5
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1471
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: Take 95 to exit 329, head east on CR210 towards Ponte Vedra for 3 miles. Creekside @ Twin Creeks is on the right hand side. Turn right on Sweet Oaks Way and 166 is on the right hand side
Public Remarks: Perfect home and perfectly priced in Twin Creeks. Spacious open floorplan with an owner's suite on the first floor, 3 bedrooms upstairs, huge loft, 2 car garage, screened lanai, and a private fenced in backyard. Newly painted interior and natural lighting throughout. Spacious kitchen, featuring stainless steel appliances, gas range, walk in pantry, island entertaining area and a private dining room. The living area has plenty of space for family gatherings while enjoying privacy in the screened in lanai. Large laundry room, washer and dryer, water softener and a security system. Community pool, fitness center, dog park, playgrounds and a private boat launch. Conveniently located to Interstate 95/295 and only 20 minutes to the beach or downtown St Augustine.
List Price/SqFt: 228.13
Sold Price/SqFt: 221.53

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch; Traditional Appliances: Dishwasher; Dryer; Electric Water Heater; Gas Range; Microwave; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Nook; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Natural Gas Available; Other Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Vinyl Current Use: Residential; Single Family Association Amenities: Community Pool 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: 2023-04-05
Unit Type: Loft

Location Tax and Legal

Street Number: 166
Street Name: SWEET OAK
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 304- 210 South
Subdivision Name: Twin Creeks

Status Change Information

Major Change Timestamp: 2023-11-17T21:39:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-05-09T19:53:37Z
Purchase Contract Date: 2023-05-12
Close Date: 2023-06-08
Close Price: 500000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y, Structure Builder: Lennar
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name	Level
Family Room
Loft
Utility Room
Primary Bedroom	First

Documents

HOA Disclosure ›

Offer Instructions ›

CDD Disclosure ›

Listing Office: RE/MAX SPECIALISTS

Last Updated: April - 17 - 2026

Information deemed reliable but not guaranteed.