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.

575 OAKLEAF PLANTATION Parkway 502, Orange Park, FL 32065 (MLS# 1159605)

575 OAKLEAF PLANTATION Parkway 502, Orange Park, FL 32065

$135,000

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 788 Status: Closed

Current Price: $135,000 List Date: 4/06/2022 Last Modified: 4/17/2026

Overview

Description

Enjoy the resort like lifestyle of Oakleaf Plantation with this charming ground level condominium! Meticulously maintained grounds and front porch with storage closet and water access. Light and bright this condo offers a living and dining room combo with ceiling fan and chandelier that opens to a fully equipped kitchen with breakfast bar, a surplus of cabinets, and full pantry. The large bath offers raised vanity with six drawers and two cupboards, tile shower and tub. The bedroom has huge walk in closet and ceiling fan. Stack-able washer and dryer and hall closet round out this popular condo. 1 assigned parking spot in front of unit and guest parking on the side.

Listing Details MLS# 1159605

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 788
Living Area Source: Public Records
Year Built: 2007
Association YN: No
Association Fee 2: 236
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1180.57
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 2
Entry Level: Yes
Directions: From I-295 South on Blanding to Left on Argyle Forrest past SR23 left into Jennings Point next right Bld 5 on right.
Public Remarks: Enjoy the resort like lifestyle of Oakleaf Plantation with this charming ground level condominium! Meticulously maintained grounds and front porch with storage closet and water access. Light and bright this condo offers a living and dining room combo with ceiling fan and chandelier that opens to a fully equipped kitchen with breakfast bar, a surplus of cabinets, and full pantry. The large bath offers raised vanity with six drawers and two cupboards, tile shower and tub. The bedroom has huge walk in closet and ceiling fan. Stack-able washer and dryer and hall closet round out this popular condo. 1 assigned parking spot in front of unit and guest parking on the side.
List Price/SqFt: 152.16
Sold Price/SqFt: 171.32

Property Features

Approx Parcel Size: Condo-NA Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Assigned; Guest Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Current Use: Multi-Family; Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Jogging Path; Maintenance Grounds; Management - Full Time; Management - Off Site; Playground; Tennis Court(s); Trash Association Fee Includes: Insurance; Maintenance Grounds; Water Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2022-03-23

Location Tax and Legal

Street Number: 575
Street Name: OAKLEAF PLANTATION
Street Suffix: Parkway
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: 2022-04-26T13:49:30Z
Major Change Type: Status Change
Purchase Contract Date: 2022-04-09
Close Date: 2022-04-22
Close Price: 135000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Utilities-Separate Electric Meter(s): Y, Condo Restrictions-See Condo Docs: Y, Club Amenities-Nature Trails: Y, Football Field(s): Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Dining-Living/Dining Combo: Y, Condo Restrictions-Governed Covenants/Restrictions: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y
Public Historical Remarks 3: Intermediate School: Other