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.

458 SHERWOOD OAKS Drive, Orange Park, FL 32073 (MLS# 2151675)

458 SHERWOOD OAKS Drive, Orange Park, FL 32073

$1,600

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,512 Status: Closed

Current Price: $1,600 List Date: 6/22/2026 Last Modified: 9/11/2026

Overview

Description

Like new end unit with laminate floors, 2 car garage, and all major appliances. Close to shopping, NAS JAX, schools and restaurants

Listing Details MLS# 2151675

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1512
Living Area Source: Public Records
Year Built: 2006
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 4
Stories Total: 2
Senior Community YN: No
Directions: From Blanding, West on Argyle, Left on Cheswick Oaks, Left on Plantation Blvd, Right on Sherwood Oaks.
Public Remarks: Like new end unit with laminate floors, 2 car garage, and all major appliances. Close to shopping, NAS JAX, schools and restaurants
List Price/SqFt: 1.06
Sold Price/SqFt: 1.06

Property Features

Additional Lease Terms: Negotiable Levels: Two Appliances: Dishwasher; Disposal; Electric Range; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Pantry; Primary Bathroom - Tub with Shower Laundry Features: In Unit Patio And Porch Features: Front Porch Association Amenities: Playground Water Source: Public Parking Features: Garage Sewer: Public Sewer Security Features: Smoke Detector(s) Utilities: Cable Available; Other Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-06-22
Lease Term: 12 Months
Availability Date: 2026-06-22

Location Tax and Legal

Street Number: 458
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: 2026-09-11T19:00:10Z
Major Change Type: Status Change
Price Change Timestamp: 2026-08-10T15:22:16Z
Purchase Contract Date: 2026-08-25
Close Date: 2026-09-11
Close Price: 1600

Deposits and Fees

Pet Fee/Deposit: 350
Security Deposit: 1700

More Information

Listing Office: WEICHERT REALTORS THE COFFEY GROUP

Last Updated: September - 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.