Oyster Bay Harbour & Lanceford Creek Plantation Real Estate Market Update | Q2 2026

Second Quarter 2026 (April–June)

For the first time in quite a while, the biggest story in Oyster Bay Harbour isn't rising inventory or changing interest rates: It's the number of homes that actually sold.

During the second quarter of 2026, eight homes changed hands in the Oyster Bay Harbour and Lanceford Creek Plantation communities. That's a significant jump from the two homes that sold during the same quarter last year and marks one of the strongest quarters we've seen in recent months and years.

What makes that especially encouraging is that these weren't bargain sales. The average sales price remained above $1-million, demonstrating that buyers continue to recognize the long-term value of living in one of Nassau County's premier gated waterfront communities.

I've also noticed something else this quarter: I'm hearing from more out-of-state buyers than I have in quite some time. Florida's lack of a state income tax has long been attractive, and many buyers are paying close attention to the discussion around Governor Ron DeSantis' proposal to reduce or potentially eliminate property taxes for homesteaded properties. While there's still a long legislative process ahead, some buyers are already thinking ahead and positioning themselves before any potential changes take effect.

Let's take a closer look at what the numbers reveal about the second quarter.

Second Quarter 2026 market snapshot for Oyster Bay Harbour and Lanceford Creek Plantation, including home sales, average sale price, inventory levels, and vacant lot activity.

Home Sales Remained Strong

Between April and June, eight homes sold in Oyster Bay Harbour and Lanceford Creek Plantation, compared to just two sales during the same quarter last year.

The average sales price climbed to $1,035,250, keeping the neighborhood's average sales price above the million-dollar mark.

Sales ranged from $600,000 for a smaller and older home on an interior lot to $1.53 million for a spectacular marsh front estate, highlighting the broad range of homes our community offers.

Why Oyster Bay Harbour Continues to Stand Out

One of the reasons I believe Oyster Bay Harbour continues to command premium pricing is that it offers a combination that's becoming increasingly difficult to find in Northeast Florida.

Residents enjoy a private Yacht Club, deep-water boating access, mature oak-lined streets, relatively low HOA fees, and no Community Development District (CDD) fees. For buyers who love spending time on the water, it's hard to find another community that delivers this lifestyle at the same value.

It's a neighborhood that appeals to a wide variety of buyers, from retirees and second-home owners to families looking for a peaceful waterfront community.

Buyers Have More Choices

At the close of the quarter there were seven homes actively listed for sale and three homes under contract.

I actually view this as a healthy level of inventory. Buyers have options, and those options span a variety of price points and styles. There are newer homes, older homes with character, move-in-ready properties, and homes that offer opportunities for renovation and personalization. In many ways, there's something for just about everyone right now.

Homes that are priced correctly and professionally marketed continue to attract serious buyers.

Vacant Lots Continue to Draw Interest

The lot market also remained active.

• 3 lots sold during the quarter
• 1 lot is currently under contract
• 5 lots are currently available for sale

The average lot sold for $276,667 during the second quarter of 2026, reinforcing that buyers continue to see value in building a custom home within the community.

A Development Worth Watching

I'll continue watching Florida's property tax discussions closely. If meaningful property tax relief is ultimately approved, I believe it could further increase demand from buyers relocating from higher-tax states. Combined with Florida's lack of a state income tax, it has the potential to make homeownership here even more attractive.

Whether the proposal passes in its current form or evolves over time, it's definitely something worth following because it could have a meaningful impact on Florida's housing market.

My Outlook for the Rest of 2026

From where I sit, the second half of 2026 could be an excellent time for homeowners who have been considering selling.

Buyer interest remains healthy, especially from people relocating to Florida, inventory is balanced rather than excessive, and Oyster Bay Harbour continues to be one of Nassau County's premier waterfront communities. If Florida's tax climate becomes even more favorable, we could see additional demand as buyers look to establish residency here.

As always, every home is different, and pricing and marketing strategy matter. But overall, I'm optimistic about where our neighborhood is headed.

Whether you're considering buying, selling, building, or simply curious about your home's current value, I'd be happy to help you navigate today's market. Feel free to call or text me at (904) 866-1211, or email me at colleen@closewithcolleen.com

About the Author

Colleen Gerke is the Broker/Owner of Close with Colleen Real Estate, a boutique brokerage located right inside Oyster Bay Harbour. As both a neighborhood resident and local real estate expert, Colleen specializes in helping buyers and sellers throughout Oyster Bay Harbour, Lanceford Creek Plantation, Amelia Island, Fernandina Beach, and Nassau County. She combines in-depth market knowledge, strategic marketing, and personalized service to help her clients make confident real estate decisions. Whether you're considering buying, selling, or simply curious about your home's value, Colleen is always happy to share her local expertise.

Close with Colleen Real Estate
Located in the Bay House at Oyster Bay Harbour
(904) 866-1211
Colleen@CloseWithColleen.com
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