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.

1069 MAINSAIL Lane, St. Johns, FL (MLS# 638009)

1069 MAINSAIL Lane, St. Johns, FL

$185,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,177 Status: Closed

Current Price: $185,000 List Date: 9/26/2012 Last Modified: 8/11/2026

Overview

Description

THIS IS A WONDERFUL MOSTLY BRICK HOME IN A GATED COMMUNITY. BACKS UP TO RAVINE, MATURE TREES, CUL-DE-SAC STREET. LARGE FENCED BACK YARD, SIDE ENTRY GARAGE. OPEN KITCHEN WITH EAT IN AREA, SEPARATE DINING ROOM, FAMILY SITTING AREA, FIREPLACE IN LIVING ROOM, LARGE BEDROOMS, MASTER BATH HAS BEEN UPDATED. WONDERFUL HOME IN A BOAT OWNERS COMMUNITY. THIS IS A FANNIE MAE PROPERTY HOME PATH PROPERTY PURCHASE THIS FOR AS LITTLE AS 3% DOWN, APPROVED FOR HOMEPATH RENOVATION AND HOMEPATH FINANCING.

Listing Details MLS# 638009

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2177
Living Area Source: Public Records
Year Built: 1986
Association YN: Yes
Association Fee: 255
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: FROM JULINGTON CREEK BRIDGE, SOTH ON SR 13 TO BAYSIDE ON RIGHT, FIRST CUL DE SAC PAST GUARD GATE. PROPERTY IS ON THE RIGHT END OF CUL DE SAC.
Public Remarks: THIS IS A WONDERFUL MOSTLY BRICK HOME IN A GATED COMMUNITY. BACKS UP TO RAVINE, MATURE TREES, CUL-DE-SAC STREET. LARGE FENCED BACK YARD, SIDE ENTRY GARAGE. OPEN KITCHEN WITH EAT IN AREA, SEPARATE DINING ROOM, FAMILY SITTING AREA, FIREPLACE IN LIVING ROOM, LARGE BEDROOMS, MASTER BATH HAS BEEN UPDATED. WONDERFUL HOME IN A BOAT OWNERS COMMUNITY. THIS IS A FANNIE MAE PROPERTY HOME PATH PROPERTY PURCHASE THIS FOR AS LITTLE AS 3% DOWN, APPROVED FOR HOMEPATH RENOVATION AND HOMEPATH FINANCING.
List Price/SqFt: 91.41
Sold Price/SqFt: 84.98

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Interior Features: Breakfast Bar; Kitchen Island; Primary Bathroom - Tub with Shower; Split Bedrooms Cooling: Central Air; None Heating: Central; None Water Source: Private Patio And Porch Features: Deck Pool Features: None Parking Features: Attached; Garage Lot Features: Cul-De-Sac Fencing: Back Yard Current Use: Residential Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2012-09-26

Location Tax and Legal

Street Number: 1069
Street Name: MAINSAIL
Street Suffix: Lane
County: St. Johns
State: FL
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Bayside

Status Change Information

Major Change Timestamp: 2023-11-14T18:37:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2012-11-20T20:21:53Z
Purchase Contract Date: 2012-12-20
Close Date: 2012-12-28
Close Price: 185000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Brick Fireplace: Y
Public Historical Remarks 3: Occupant Type: See Private Remarks, See ShowingAssist

Documents

CLOSING COSTS DISCLOSURE ›

SAMPLE ADDENDUM ›

OWNER OCCUPANT CERT ›

LETTER OF INTENT ›

Listing Office: EXCEL REALTY

Last Updated: August - 11 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare