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.

4480 DEERWOOD LAKE Parkway 332, Jacksonville, FL 32216 (MLS# 2170648)

4480 DEERWOOD LAKE Parkway 332, Jacksonville, FL 32216

$339,000

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,000 Lot Size (sq. ft.): 436 Status: Active

Current Price: $339,000 List Date: 10/24/2026 Last Modified: 10/24/2026

Overview

Description

Beautiful Deerwood Place condominium is situated in one of the best locations featuring a quiet and natural setting view from your screen enclosed balcony. The split bedroom floorplan offers two additional rooms for either guest or office purpose and the spacious primary gives access to the balcony . Several updates throughout include wood flooring, kitchen countertops, updated baths and fresh interior neutral paint. Plenty of storage in the kitchen with a full wall of cabinetry, as well as an island for food prep and additional counter space. Don't miss the laundry room with a tankless water heater and water softener. Your private garage is easily accessed from inside the building. Take a short stroll to enjoy an afternoon at the community pool or for a workout at the fitness room. Deerwood Place is ideally located close to JTB access, the beaches, and only minutes from St. Johns Town Center for shopping and dining at a large selection of restaurants.

Listing Details MLS# 2170648

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2000
Living Area Source: Assessor
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 735
Association Fee Frequency: Monthly
Association Fee 2: 624
Association Fee 2 Frequency: Quarterly
Association Name: DEERWOOD PLACE II
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 5
Senior Community YN: No
Directions: From JTB, go North on Southside Blvd., turn left on Deerwood Pkwy, enter gate and turn right to Bldg. 300
Public Remarks: Beautiful Deerwood Place condominium is situated in one of the best locations featuring a quiet and natural setting view from your screen enclosed balcony. The split bedroom floorplan offers two additional rooms for either guest or office purpose and the spacious primary gives access to the balcony . Several updates throughout include wood flooring, kitchen countertops, updated baths and fresh interior neutral paint. Plenty of storage in the kitchen with a full wall of cabinetry, as well as an island for food prep and additional counter space. Don't miss the laundry room with a tankless water heater and water softener. Your private garage is easily accessed from inside the building. Take a short stroll to enjoy an afternoon at the community pool or for a workout at the fitness room. Deerwood Place is ideally located close to JTB access, the beaches, and only minutes from St. Johns Town Center for shopping and dining at a large selection of restaurants.
List Price/SqFt: 169.5

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Jack and Jill Bath; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate Exterior Features: Balcony Parking Features: Additional Parking; Garage; Unassigned View: Trees/Woods Current Use: Residential; Single Family Association Amenities: Community Pool; Elevator(s); Fitness Center; Gated Community Features: Gated Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-10-19
Unit Type: End Unit

Location Tax and Legal

Street Number: 4480
Street Name: DEERWOOD LAKE
Street Suffix: Parkway
County: Duval
State: FL
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Deerwood Place

Status Change Information

Major Change Timestamp: 2026-10-24T18:23:05Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 24 - 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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