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.

425 OASIS Lane, Orange Park, FL 32073 (MLS# 2119928)

425 OASIS Lane, Orange Park, FL 32073

$1,660

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $1,660 List Date: 12/02/2025 Last Modified: 2/27/2026

Overview

Description

This end unit, lakefront town home with 2 car garage situated near Oakleaf and Argyle Forest provides close access to the new bypass and I295. 2 car rear-entry garage and guest parking directly out front makes this a convenient rental property. Split upstairs floor plan places secondary bedrooms down the hall from the primary bedroom. Primary suite features TWO walk-in closets -- Pets considered on a case-by-case basis. Pet Deposit and Pet Rent will apply. No evictions within the past 5 years, please. Challenging credit not a dealbreaker. Ideal tenant will have solid work and rental history. Vouchers accepted. -- $60/adult application fee. Once approved, lease prep fee $125. Initial payment for deposit and first month's rent to be paid via certified funds (money order or cashier's check).

Listing Details MLS# 2119928

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1500
Living Area Source: Appraiser
Year Built: 2014
Lot Size Acres: 0.11
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: Traveling south from Blanding and 295, turn right on Argyle Forest then left on Cheswick Oak (at McDonalds) then left on Sherwood Oaks then right at Oasis.
Public Remarks: This end unit, lakefront town home with 2 car garage situated near Oakleaf and Argyle Forest provides close access to the new bypass and I295. 2 car rear-entry garage and guest parking directly out front makes this a convenient rental property. Split upstairs floor plan places secondary bedrooms down the hall from the primary bedroom. Primary suite features TWO walk-in closets -- Pets considered on a case-by-case basis. Pet Deposit and Pet Rent will apply. No evictions within the past 5 years, please. Challenging credit not a dealbreaker. Ideal tenant will have solid work and rental history. Vouchers accepted. -- $60/adult application fee. Once approved, lease prep fee $125. Initial payment for deposit and first month's rent to be paid via certified funds (money order or cashier's check).
List Price/SqFt: 1.11
Sold Price/SqFt: 1.11

Property Features

Appliances: Dishwasher Water Source: Public Parking Features: Garage; Garage Door Opener; Off Street Utilities: Electricity Available Cooling: Central Air Heating: Electric

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2025-12-01
Lease Term: Negotiable

Location Tax and Legal

Street Number: 425
Street Name: OASIS
Street Suffix: Lane
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Plantation Village

Status Change Information

Major Change Timestamp: 2026-02-27T02:47:17Z
Major Change Type: Status Change
Purchase Contract Date: 2026-02-10
Close Date: 2026-02-11
Close Price: 1660

More Information

Listing Office: 904 REALTY LLC

Last Updated: February - 27 - 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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