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 Pky 703 Parkway 703, Orange Park, FL 32065 (MLS# 697623)

575 Oakleaf Plantation Pky 703 Parkway 703, Orange Park, FL 32065

$48,000

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 992 Status: Closed

Current Price: $48,000 List Date: 12/31/2013 Last Modified: 4/10/2026

Overview

Description

Beautiful Ground Floor unit with one bedroom plus a bonus/den area. Spacious family room and formal dining area. This home has been well maintained and ready for new owners. Low maintenance lifestyle in this community. Enjoy the Jennings Point private pool or only a mile away is the OakLeaf Plantation Amenity center. Photos to follow

Listing Details MLS# 697623

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 992
Living Area Source: Public Records
Year Built: 2007
Association YN: Yes
Association Fee: 195
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1240.05
New Construction YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 2
Entry Level: Yes
Directions: I-295 to Blanding Blvd South exit to right onto Argyle Fst Blvd, cross over SR23 and follow around to Jennings Point on the left. Turn into Jennings Point to 2nd right to 3rd building on right.
Public Remarks: Beautiful Ground Floor unit with one bedroom plus a bonus/den area. Spacious family room and formal dining area. This home has been well maintained and ready for new owners. Low maintenance lifestyle in this community. Enjoy the Jennings Point private pool or only a mile away is the OakLeaf Plantation Amenity center. Photos to follow
List Price/SqFt: 50.3
Sold Price/SqFt: 48.39

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: Other Roof: Shingle Parking Features: Assigned; On Street Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s); Trash Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Water Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2013-12-31

Location Tax and Legal

Street Number: 575
Street Name: Oakleaf Plantation Pky 703
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: 2014-03-21T14:56:33Z
Major Change Type: Status Change
Purchase Contract Date: 2014-01-22
Close Date: 2014-03-19
Close Price: 48000

Historical Information

Public Historical Remarks 1: Club Amenities-Nature Trails: Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Club Amenities-Bike Path: Y
Public Historical Remarks 3: Unit Type: Flat, Ground Level, Occupant Type: Occupied - Lockbox, Call Listing Office

More Information

Room Information

Room Name
Great Room
Utility Room

Documents

Seller's Disclosure ›

State Farm Seller's Disclosure ›

Lead Base Paint ›

HOA ›

Condo Rider ›

Listing Office: WATSON REALTY CORP

Last Updated: April - 10 - 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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