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.

216 OXBRIDGE Way, St. Johns, FL 32259 (MLS# 2135320)

216 OXBRIDGE Way, St. Johns, FL 32259

$887,750

Tile Backsplash & Under-Cabinet Lighting

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,398 Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $887,750 List Date: 3/17/2026 Last Modified: 5/28/2026

Overview

Description

Experience the best of Florida living on a .33-acre preserve lot in the exclusive gated community of Oxford Estates-with NO CDD fees and a low HOA! This executive 5-bedroom, 4-bath pool/spa home boasts a private office and study nook. Inside, wood-look tile flooring, soaring 10-foot ceilings, classy crown molding, designer lighting, upgraded 8-inch raised baseboards, and solid-core 8-foot doors with 3 1/2-inch door casing create a refined interior, while abundant natural light fills the home with warmth and elegance. The gourmet kitchen features an extended quartz island, double-stacked soft-close cabinetry with under-cabinet lighting, stylish tile backsplash, farmhouse sink and a custom pantry with wood shelving. The inviting living room showcases a coffered ceiling, upgraded ceiling fan and serene preserve views. The expansive primary suite offers a double tray ceiling, bay windows, his-&-hers walk-in wardrobes with custom built-ins and

Supplements: direct access to the laundry room. The spa-like en suite bath offers a large dual sink vanity, upgraded tiled walk-in shower and relaxing garden tub. The home also offers spacious secondary bedrooms including 4th bedroom with pocket doors, an en suite bath and enhanced sound insulation. A private office/flex space, accessed through double doors, is ... (Read more)

Listing Details MLS# 2135320

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3398
Living Area Source: Public Records
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.33
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: 4
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I-95 S, take exit 362A. Merge onto I-295 S, Keep left to continue on I-295 Express Lanes. Keep right to stay on I-295 Express Lanes, Merge onto FL-9B S. Take the St. Johns Pkwy exit, Use the left lane to turn slightly right. Use the left 2 lanes to turn left onto Longleaf Pine Pkwy. Turn left onto Oxbridge Wy, Home is on the Right.
Public Remarks: Experience the best of Florida living on a .33-acre preserve lot in the exclusive gated community of Oxford Estates-with NO CDD fees and a low HOA! This executive 5-bedroom, 4-bath pool/spa home boasts a private office and study nook. Inside, wood-look tile flooring, soaring 10-foot ceilings, classy crown molding, designer lighting, upgraded 8-inch raised baseboards, and solid-core 8-foot doors with 3 1/2-inch door casing create a refined interior, while abundant natural light fills the home with warmth and elegance. The gourmet kitchen features an extended quartz island, double-stacked soft-close cabinetry with under-cabinet lighting, stylish tile backsplash, farmhouse sink and a custom pantry with wood shelving. The inviting living room showcases a coffered ceiling, upgraded ceiling fan and serene preserve views. The expansive primary suite offers a double tray ceiling, bay windows, his-&-hers walk-in wardrobes with custom built-ins and
List Price/SqFt: 261.26
Sold Price/SqFt: 261.26

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Lower Level; Washer Hookup Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick Veneer; Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio; Porch; Rear Porch; Screened Pool Features: In Ground; Heated; Salt Water; Screen Enclosure Spa Features: Heated; In Ground Roof: Shingle Parking Features: Attached; Garage View: Protected Preserve; Trees/Woods Fencing: Back Yard; Fenced; Full; Vinyl; Other Current Use: Single Family Association Amenities: Clubhouse; Community Pool; Dog Park; Gated; Jogging Path; Playground Community Features: Gated; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan