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.

1028 SPINAKER Lane, St. Johns, FL 32259 (MLS# 1066994)

1028 SPINAKER Lane, St. Johns, FL 32259

$382,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,732 Status: Closed

Current Price: $382,000 List Date: 10/26/2020 Last Modified: 12/16/2025

Overview

Description

**Act now or this attractively-priced home in this exclusive gated community of less than 60 homes will be gone!**Welcome to Bayside**No water bill**No sewer bill** Exceptional privacy and lot size: almost half an acre! This meticulously maintained, four bedroom three bath brick home boasts outstanding hardwood floors, plantation shutters, and abundant natural light. The outdoor living spaces have an inviting, tropical twist. . A cool oak canopy lines the quiet neighborhood streets. Community amenities include access to the dock, pools, pavilion, clubhouse, tennis court, basketball, and volleyball. Re-roofed in 2013. New HVAC in 2017. Zoned for A-rated St. Johns County School system.

Listing Details MLS# 1066994

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2732
Living Area Source: Public Records
Year Built: 1995
Lot Size Dimensions: 47x132x139
Association YN: Yes
Association Fee: 315
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Stories: Yes
Directions: From Racetrack Rd., turn south onto FL-13. Continue for 3 miles, then turn right onto Bayside Blvd. Second left onto Spinaker Lane.
Public Remarks: **Act now or this attractively-priced home in this exclusive gated community of less than 60 homes will be gone!**Welcome to Bayside**No water bill**No sewer bill** Exceptional privacy and lot size: almost half an acre! This meticulously maintained, four bedroom three bath brick home boasts outstanding hardwood floors, plantation shutters, and abundant natural light. The outdoor living spaces have an inviting, tropical twist. . A cool oak canopy lines the quiet neighborhood streets. Community amenities include access to the dock, pools, pavilion, clubhouse, tennis court, basketball, and volleyball. Re-roofed in 2013. New HVAC in 2017. Zoned for A-rated St. Johns County School system.
List Price/SqFt: 144.58
Sold Price/SqFt: 139.82

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Flat; Ranch Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Private Sewer: Septic Tank Smart Home Features: Smoke Detector Security Features: Smoke Detector(s) Construction Materials: Brick; Frame; Stucco Patio And Porch Features: Deck Roof: Shingle Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear Water Body Access Type: Community Fencing: Chain Link; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Children's Pool; Clubhouse; Community Pool; Playground; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Security Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-08-06

Location Tax and Legal

Street Number: 1028
Street Name: SPINAKER
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Bayside

Status Change Information

Major Change Timestamp: 2020-11-05T19:25:43Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-22
Close Date: 2020-11-03
Close Price: 382000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Self Cleaning Oven: Y, Courtyard Entry Garage: Y, Parking Facilities-Keypad Entry: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Fireplace-Family Room: Y, Structure Slab: Y, Fenced Partial: Y

Room Information

Room Name	Level	Length	Width	Remarks
Living Room
Great Room
Utility Room
Primary Bedroom	First	17.00	15.50	Extremely spacious!
Bedroom 1	First	15.00	13.00
Bedroom 2	First	10.50	10.00
Bedroom 3	First	11.00	13.50
Other	First	11.00	9.00	master bedroom closet - HUGE!
Other	First	15.00	13.00	master bathroom - HUGE

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: December - 16 - 2025

Information deemed reliable but not guaranteed.