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.

450 SHERWOOD OAKS Drive, Orange Park, FL 32073 (MLS# 2095688)

450 SHERWOOD OAKS Drive, Orange Park, FL 32073

$1,598

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $1,598 List Date: 11/03/2025 Last Modified: 3/11/2026

Overview

Description

Available: NOW!! Welcome home to this stylish and spacious 3-bedroom, 2.5-bath gem nestled in the heart of Plantation Village. Fresh paint, vinyl plank flooring downstairs, and brand-new carpet upstairs set the tone for fresh beginnings. The kitchen shines with sleek black appliances, new modern fixtures, and crisp countertops—perfect for everything from meal prep to midnight snacks. Bathrooms have been refreshed with updated fixtures too, adding a clean, contemporary vibe. The primary suite features a double-sink vanity, a floor-to-ceiling stand-up shower, and plenty of closet space. LED lighting and ceiling fans throughout keep things bright and breezy. Washer and dryer? Already included (as is). Outside, enjoy a 2-car garage and a charming community with amenities galore—fishing pond, shady gazebo, park benches, and a playground. You're also just minutes from Oakleaf Plantation, Walmart, and Costco, so errands are easy and adventure is close. Got a furry friend?

Supplements: Small dogs up to 25 lbs are welcome! At a minimum, credit score(s) must be a combined 500. Gross Income must be 3 x the monthly rent. We provide a Resident Benefits Package (RBP) to elevate your rental experience for our residents. Our program handles renters insurance, identity protection, utility set up, credit building, rent rewards (Pinata), a ... (Read more)

Listing Details MLS# 2095688

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1500
Living Area Source: Public Records
Year Built: 2006
Lot Size Acres: 0.04
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From I295 take Blanding South, turn right on Arglye Forest Blvd, left on Cheswick Oaks, left onto Spencer's Plantation Blvd, right on Sherwood Oaks
Public Remarks: Available: NOW!! Welcome home to this stylish and spacious 3-bedroom, 2.5-bath gem nestled in the heart of Plantation Village. Fresh paint, vinyl plank flooring downstairs, and brand-new carpet upstairs set the tone for fresh beginnings. The kitchen shines with sleek black appliances, new modern fixtures, and crisp countertops—perfect for everything from meal prep to midnight snacks. Bathrooms have been refreshed with updated fixtures too, adding a clean, contemporary vibe. The primary suite features a double-sink vanity, a floor-to-ceiling stand-up shower, and plenty of closet space. LED lighting and ceiling fans throughout keep things bright and breezy. Washer and dryer? Already included (as is). Outside, enjoy a 2-car garage and a charming community with amenities galore—fishing pond, shady gazebo, park benches, and a playground. You're also just minutes from Oakleaf Plantation, Walmart, and Costco, so errands are easy and adventure is close. Got a furry friend?
List Price/SqFt: 1.07
Sold Price/SqFt: 1.07

Property Features

Additional Lease Terms: 12 Months Levels: Two Appliances: Dishwasher; Dryer; Electric Cooktop; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Primary Bathroom - Shower No Tub; Vaulted Ceiling(s); Walk-In Closet(s) Association Amenities: Playground Water Source: Public Parking Features: Garage Sewer: Public Sewer Security Features: Smoke Detector(s) Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric Rent Includes: None Tenant Pays: All Utilities Pets Allowed: Dogs OK; Size Limit

Contract Information

Property Sub Type: Townhouse
Listing Contract Date: 2025-06-27
Lease Term: 12 Months
Availability Date: 2025-06-27

Location Tax and Legal

Street Number: 450
Street Name: SHERWOOD OAKS
Street Suffix: Drive
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: 2026-03-11T13:10:14Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-09T18:32:41Z
Purchase Contract Date: 2026-02-24
Close Date: 2026-03-11
Close Price: 1598

Deposits and Fees

Additional Fee: 199
Application Fee: 75
Security Deposit: 1598

More Information

Pets Allowed

Maximum Weight Allowed: 25

Listing Office: GREEN RIVER PROPERTY MANAGEMENT

Last Updated: March - 11 - 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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