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.

107 FERNBROOK Drive, St. Johns, FL 32259 (MLS# 775284)

107 FERNBROOK Drive, St. Johns, FL 32259

$341,845

VC2 - San Marco - SS Faberhood & 36-inch

VC2 - San Marco - 36-inch Black Glass El

VC2 - San Marco - 50-50 SS Undermount Si

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,718 Status: Closed

Current Price: $341,845 List Date: 6/02/2015 Last Modified: 2/07/2026

Overview

Description

To be constructed - Sample photos only. 2-story home with 5 bedrooms and 3 baths. First floor guest suite. The Kitchen has gorgeous selections made including granite counters, stainless steel appliances, California island and pre-wires for pendant lighting to be added over island. This home will include refrigerator, washer, dryer and blinds as well! Owner's suite provides his and her closets, vanity with two sinks, garden tub and walk-in tiled shower. The entire home will feature rounded corners. Front entry through double glass door with lots of light. Flooring is tile in main living areas and you will enjoy energy efficient R-38 insulation in ceiling. Seller pays all Closing costs with preferred lender. (See more...)

Supplements: ...Some of the little extras going into this home are pendant light prewire, vented hood to exterior in kitchen, recessed lights, double tray ceiling in master bedroom, disappearing sliding glass doors, extended lanai, and much more! Price may increase IF design selections are added.

Listing Details MLS# 775284

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2718
Living Area Source: Plans
Year Built: 2015
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1775.82
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Mandarin South East on Racetrack Road Right on St Johns Parkway Right on Longleaf Pine Parkway Right on Orchid Way Left on Fernbrook Drive
Public Remarks: To be constructed - Sample photos only. 2-story home with 5 bedrooms and 3 baths. First floor guest suite. The Kitchen has gorgeous selections made including granite counters, stainless steel appliances, California island and pre-wires for pendant lighting to be added over island. This home will include refrigerator, washer, dryer and blinds as well! Owner's suite provides his and her closets, vanity with two sinks, garden tub and walk-in tiled shower. The entire home will feature rounded corners. Front entry through double glass door with lots of light. Flooring is tile in main living areas and you will enjoy energy efficient R-38 insulation in ceiling. Seller pays all Closing costs with preferred lender. (See more...)
List Price/SqFt: 112.34
Sold Price/SqFt: 125.77

Property Features

Approx Parcel Size: Less than .25 Acre Property Condition: To Be Built Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-06-02

Location Tax and Legal

Street Number: 107
Street Name: FERNBROOK
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2016-01-04T16:56:21Z
Major Change Type: Status Change
Purchase Contract Date: 2015-06-02
Close Date: 2015-12-31
Close Price: 341845

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: DREAM FINDERS HOMES, Seller May Pay Closing: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Bath-Garden Bath: Y, Interior Amenities-Sliding Glass Door(s): Y, Build To Suit: Y
Public Historical Remarks 3: Occupant Type: Restricted Hours, Call Seller Direct, See Private Remarks

More Information

Room Information

Room Name
Great Room
Loft
Utility Room

Listing Office: DREAM FINDERS REALTY LLC

Last Updated: February - 07 - 2026

Information deemed reliable but not guaranteed.