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.

624 CHESTWOOD CHASE Drive, Orange Park, FL 32065 (MLS# 2048721)

624 CHESTWOOD CHASE Drive, Orange Park, FL 32065

$408,000

Virtual Tour

https://my.matterport.com/show/?m=2Kbcua2fqYq&brand=0&mls=1&

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,492 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $408,000 List Date: 9/27/2024 Last Modified: 1/02/2026

Overview

Description

NEW Roof, NEW AC, NEW Water heater, fresh paint, all brick home on a preserve! This beautifully well maintained home is ready for its new owners. Perfect location in Oakleaf, across the street from new elementary school, neighborhood has lovely boardwalk connecting to the amenities center by a short walk! With access to both Phase 1 and phase 2 amenities centers. This is a must see!!

Listing Details MLS# 2048721

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2492
Living Area Source: Appraiser
Year Built: 2005
Lot Size Acres: 0.21
Association YN: Yes
Association Fee: 110
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1720.33
Accessibility Features YN: No
New Construction 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: 2
Senior Community YN: No
Directions: From I-295, S on Blanding Blvd, R on Argyle Forest Blvd, L on SR-23, R on Oakleaf Plantation Parkway, R on Deer View Ln, L on Chestwood Chase Dr,
Public Remarks: NEW Roof, NEW AC, NEW Water heater, fresh paint, all brick home on a preserve! This beautifully well maintained home is ready for its new owners. Perfect location in Oakleaf, across the street from new elementary school, neighborhood has lovely boardwalk connecting to the amenities center by a short walk! With access to both Phase 1 and phase 2 amenities centers. This is a must see!!
List Price/SqFt: 160.51
Sold Price/SqFt: 163.72

Property Features

Appliances: Convection Oven; Dishwasher; Disposal; Microwave; Refrigerator Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Garage; Garage Door Opener View: Protected Preserve; Trees/Woods Fencing: Back Yard Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Maintenance Grounds; Park; Playground; Security; Spa/Hot Tub; Tennis Court(s); Water Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-09-23

Location Tax and Legal

Street Number: 624
Street Name: CHESTWOOD CHASE
Street Suffix: Drive
County: Clay
State: FL
Postal Code: 32065
MLS Area Major: 139-Oakleaf/Orange Park/NW Clay County
Subdivision Name: Creekview @ Oakleaf Plantation

Status Change Information

Major Change Timestamp: 2024-11-04T12:29:19Z
Major Change Type: Status Change
Purchase Contract Date: 2024-10-03
Close Date: 2024-10-31
Close Price: 408000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

HOA ›

CDD ›

SPD ›

Listing Office: HERRON REAL ESTATE LLC

Last Updated: January - 02 - 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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