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.

110 PIGEON Cove, St. Johns, FL 32259 (MLS# 2137789)

110 PIGEON Cove, St. Johns, FL 32259

$517,500

Virtual Tour

https://www.zillow.com/view-imx/77993fef-b04b-4149-bccc-8d706a8d4ac8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,914 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $517,500 List Date: 4/01/2026 Last Modified: 8/07/2026

Overview

Description

Tucked at the end of a quiet cul-de-sac in the gated 55+ community of WaterSong at RiverTown, 110 Pigeon Cove offers an exceptional sense of space and includes a golf cart! Set on one of the largest homesites in the neighborhood at 0.29 acres, the property enjoys generous distance between neighboring homes and serene pond views framed by swaying palm trees, creating a peaceful and private backdrop. The coastal craftsman elevation, long driveway, and inviting curb appeal set the tone for a home that feels both relaxed and refined. Built in 2024, this thoughtfully designed Pier model offers 1,914 square feet with 2 bedrooms plus a private office or den with French doors, ideal for guests, hobbies, or a quiet workspace. Inside, luxury vinyl plank flooring flows through the main living areas, complemented by smooth finished walls, recessed lighting, and a bright, open great room with a large sliding glass door that seamlessly connects to the screened lanai. The kitchen serves as the

Supplements: centerpiece, highlighted by a stunning waterfall quartz dining island that functions as both a design statement and gathering space. Gray veined white quartz countertops, a gray subway tile backsplash, custom textured glass pantry door, white cabinetry with a contrasting island, and glass pendant lighting create a sophisticated yet welcoming feel. ... (Read more)

Listing Details MLS# 2137789

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1914
Living Area Source: Public Records
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 211
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2766.85
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
Stories: Yes
Senior Community YN: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners Blvd to Mistflower Dr, to Pelton Pl, to Hedgerow St to Pigeon Cv
Public Remarks: Tucked at the end of a quiet cul-de-sac in the gated 55+ community of WaterSong at RiverTown, 110 Pigeon Cove offers an exceptional sense of space and includes a golf cart! Set on one of the largest homesites in the neighborhood at 0.29 acres, the property enjoys generous distance between neighboring homes and serene pond views framed by swaying palm trees, creating a peaceful and private backdrop. The coastal craftsman elevation, long driveway, and inviting curb appeal set the tone for a home that feels both relaxed and refined. Built in 2024, this thoughtfully designed Pier model offers 1,914 square feet with 2 bedrooms plus a private office or den with French doors, ideal for guests, hobbies, or a quiet workspace. Inside, luxury vinyl plank flooring flows through the main living areas, complemented by smooth finished walls, recessed lighting, and a bright, open great room with a large sliding glass door that seamlessly connects to the screened lanai. The kitchen serves as the
List Price/SqFt: 274.29
Sold Price/SqFt: 270.38

Property Features

Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: In Unit; Sink Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: Underground Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Security Gate; Smoke Detector(s) Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Pond; Trees/Woods Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Security; Spa/Hot Tub; Tennis Court(s); Other Association Fee Includes: Security Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection