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.

408 SOUTHWOOD Way, Orange Park, FL 32065 (MLS# 946161)

408 SOUTHWOOD Way, Orange Park, FL 32065

$184,500

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,817 Status: Closed

Current Price: $184,500 List Date: 7/10/2018 Last Modified: 2/13/2026

Overview

Description

Welcome home! This beautiful townhome is the perfect place for anyone to call home. Perfect location in the heart of Oakleaf Plantation, you are minutes from shopping and restaurants. Entertain your friends or cozy up with your loved ones. This one is loaded with upgrades from the plantation shutters, extended paver patio, 42'' upper cabinets, granite countertops to the finished floors in the garage. You do not want to miss this!

Listing Details MLS# 946161

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1817
Living Area Source: Public Records
Year Built: 2015
Association YN: Yes
Association Fee: 171
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1341
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: FROM 295 & BLANDING, SO SOUTH, R ON ARGYLE FOREST, L ON BRANAN FIELD, R ON OAKLEAF PLANTATION PKWY, RIGHT ON SOUTHWOOD WAY HOME IS ON THE LEFT
Public Remarks: Welcome home! This beautiful townhome is the perfect place for anyone to call home. Perfect location in the heart of Oakleaf Plantation, you are minutes from shopping and restaurants. Entertain your friends or cozy up with your loved ones. This one is loaded with upgrades from the plantation shutters, extended paver patio, 42'' upper cabinets, granite countertops to the finished floors in the garage. You do not want to miss this!
List Price/SqFt: 105.61
Sold Price/SqFt: 101.54

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Community Pool; Fitness Center; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2018-07-09

Location Tax and Legal

Street Number: 408
Street Name: SOUTHWOOD
Street Suffix: Way
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Oakleaf Plantation

Status Change Information

Major Change Timestamp: 2018-08-21T23:04:09Z
Major Change Type: Status Change
Purchase Contract Date: 2018-07-17
Close Date: 2018-08-17
Close Price: 184500

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Townhouse: Y

More Information

Room Information

Room Name
Family Room
Utility Room

Listing Office: BETROS REALTY INC

Last Updated: February - 13 - 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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