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.

318 OXFORD ESTATES Way, St. Johns, FL 32259 (MLS# 2150032)

318 OXFORD ESTATES Way, St. Johns, FL 32259

$845,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,308 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $845,000 List Date: 6/11/2026 Last Modified: 7/27/2026

Overview

Description

Welcome to Oxford Estates, one of Northwest St. Johns County's most sought-after gated communities, offering the rare advantage of NO CDD fees. Built by renowned MasterCraft Builder Group and lovingly maintained by its original owner, this exceptional waterfront home combines timeless craftsmanship, thoughtful upgrades, and resort-style outdoor living. Positioned on a beautiful water-view lot with mature landscaping, this west-facing home is filled with natural light and showcases quality finishes throughout. Upon entering, you'll immediately notice the tray ceilings, crown molding in the foyer and formal dining room, smooth-finish walls, custom board-and-batten accents, plantation shutters, and upgraded lighting fixtures that enhance the home's elegant design. The dedicated office features custom built-in shelving and accent lighting, creating the perfect space for working from home. The spacious owner's suite offers a true retreat with dual walk-in closets, separate vanities,

Supplements: a freestanding soaking tub, and a large walk-in shower. At the heart of the home, the gourmet kitchen is designed to impress with an oversized kitchen island, double-stacked cabinetry, beautiful solid-surface countertops, stainless steel appliances, decorative backsplash, and abundant storage. Generously sized secondary bedrooms provide comfort and ... (Read more)

Listing Details MLS# 2150032

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3234
Living Area Source: Public Records
Building Area Total: 4308
Year Built: 2017
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
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: Yes
Furnished: Negotiable
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: West
Directions: From I295 south on San Jose to L on Racetrack Rd., R on Veterans Parkway, R on Longleaf Pine, R on Oxford Estates or from I95 exit 210 to Greenbriar Rd., R on Longleaf Pine, L Oxford Estates.
Public Remarks: Welcome to Oxford Estates, one of Northwest St. Johns County's most sought-after gated communities, offering the rare advantage of NO CDD fees. Built by renowned MasterCraft Builder Group and lovingly maintained by its original owner, this exceptional waterfront home combines timeless craftsmanship, thoughtful upgrades, and resort-style outdoor living. Positioned on a beautiful water-view lot with mature landscaping, this west-facing home is filled with natural light and showcases quality finishes throughout. Upon entering, you'll immediately notice the tray ceilings, crown molding in the foyer and formal dining room, smooth-finish walls, custom board-and-batten accents, plantation shutters, and upgraded lighting fixtures that enhance the home's elegant design. The dedicated office features custom built-in shelving and accent lighting, creating the perfect space for working from home. The spacious owner's suite offers a true retreat with dual walk-in closets, separate vanities,
List Price/SqFt: 270.56
Sold Price/SqFt: 261.29

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: In Unit; Lower Level Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Composition Siding; Frame; Stone Veneer Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: In Ground; Salt Water; Waterfall Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cleared; Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Pond Fencing: Back Yard; Other Current Use: Residential; Single Family Association Amenities: Community Pool; Dog Park; Gated; Jogging Path; Maintenance Grounds; Playground Community Features: Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Contingency Reason: Financing; Home Sale; Inspection