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 513, Orange Park, FL 32065 (MLS# 1229423)

575 OAKLEAF PLANTATION Parkway 513, Orange Park, FL 32065

$195,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,150 Status: Closed

Current Price: $195,000 List Date: 5/28/2023 Last Modified: 4/17/2026

Overview

Description

Great upstairs 2 BR, 2 Bath townhome in Oakleaf Plantation. Walking distance to schools. Close to Oakleaf Town Center shopping and entertainment. Large kitchen features stainless front appliances, counter space and breakfast bar as well as separate dining area, private deck with extra storage room. Master suite includes large, walk in closet and attached bath. Enjoy the Florida lifestyle without any of the work! Wonderful Oakleaf amenitites and neighborhood pool.

Listing Details MLS# 1229423

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1150
Living Area Source: Public Records
Year Built: 2007
Association YN: Yes
Association Fee: 240
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1181
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Entry Level: 2
Directions: I-295 to Blanding Blvd S. to R on Argyle Forest Blvd. approximately 8 mi, go past Oakleaf Town Center, cross over CR 23, to L into Jennings Pt
Public Remarks: Great upstairs 2 BR, 2 Bath townhome in Oakleaf Plantation. Walking distance to schools. Close to Oakleaf Town Center shopping and entertainment. Large kitchen features stainless front appliances, counter space and breakfast bar as well as separate dining area, private deck with extra storage room. Master suite includes large, walk in closet and attached bath. Enjoy the Florida lifestyle without any of the work! Wonderful Oakleaf amenitites and neighborhood pool.
List Price/SqFt: 169.57
Sold Price/SqFt: 169.57

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Exterior Features: Balcony Current Use: Multi-Family Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2023-05-26

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: Jennings Point

Status Change Information

Major Change Timestamp: 2023-07-05T23:53:37Z
Major Change Type: Status Change
Purchase Contract Date: 2023-06-15
Close Date: 2023-07-05
Close Price: 195000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y

Documents

Covenants and Restrictions ›

Rules and Regulations ›

Seller's Disclosure ›

CDD Disclosure ›

Condo Rider ›

Listing Office: NORVILLE REALTY INC

Last Updated: April - 17 - 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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