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.

1116 NATURES HAMMOCK Road N, St. Johns, FL 32259 (MLS# 1260684)

1116 NATURES HAMMOCK Road N, St. Johns, FL 32259

$665,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,899 Status: Closed

Current Price: $665,000 List Date: 6/07/2024 Last Modified: 2/07/2026

Overview

Description

Taking serious back up offers buyer has 72hr first right of refusal! New Roof!!Captivating custom-built contemporary home on a lovely tree-lined neighborhood. Boasting 5 bedrooms, with the option to convert the 5th bedroom into a bonus area upstairs. The master suite is conveniently located on the main floor and features a unique loft. Enjoy the spacious living areas with vaulted ceilings, including a breathtaking gas fireplace in the expansive living room and a convenient wet bar. The chef's dream kitchen is equipped with a Fisher Paykel gas range and hood. Step into the backyard oasis, complete with a large screened porch featuring an outdoor summer kitchen complete with grill, smoker, fridge, and sink. The new outdoor wood deck complements the beautiful inground pool, creating a resort-like ambiance. This property is filled with fantastic details a must see!!

Supplements: 240 connection in garage for electric vehicle.

Listing Details MLS# 1260684

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2899
Living Area Source: Public Records
Year Built: 1979
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: State Rd 13 to Fruit Cove Road, Go West on Fruit Cove Road until you get to Natures Hammock(N) and go West. If you enter from South entrance it does U around.
Public Remarks: Taking serious back up offers buyer has 72hr first right of refusal! New Roof!!Captivating custom-built contemporary home on a lovely tree-lined neighborhood. Boasting 5 bedrooms, with the option to convert the 5th bedroom into a bonus area upstairs. The master suite is conveniently located on the main floor and features a unique loft. Enjoy the spacious living areas with vaulted ceilings, including a breathtaking gas fireplace in the expansive living room and a convenient wet bar. The chef's dream kitchen is equipped with a Fisher Paykel gas range and hood. Step into the backyard oasis, complete with a large screened porch featuring an outdoor summer kitchen complete with grill, smoker, fridge, and sink. The new outdoor wood deck complements the beautiful inground pool, creating a resort-like ambiance. This property is filled with fantastic details a must see!!
List Price/SqFt: 237.67
Sold Price/SqFt: 229.39

Property Features

Approx Parcel Size: .25 to .5 Acre; .51 to 1 Acre Architectural Style: Contemporary Appliances: Dishwasher; Disposal; Dryer; Electric Water Heater; Gas Range; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Private; Well Sewer: Septic Tank Construction Materials: Frame; Wood Siding Patio And Porch Features: Porch; Screened Pool Features: In Ground; Salt Water Roof: Shingle Parking Features: Attached; Electric Vehicle Charging Station(s); Garage; RV Access/Parking Lot Features: Wooded Fencing: Back Yard; Fenced; Wood Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Great Room; Loft; Utility Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-12-08

Location Tax and Legal

Street Number: 1116
Street Name: NATURES HAMMOCK
Street Suffix: Road
Street Direction Suffix: N
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Natures Hammock

Status Change Information

Major Change Timestamp: 2024-06-27T17:42:08Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-29T18:26:19Z
Purchase Contract Date: 2024-04-17
Close Date: 2024-06-27
Close Price: 665000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Side Entry Garage: Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Intermediate School: Other, Occupant Type: Occupied, Occupied - Lockbox

Room Information

Room Name
Great Room
Loft
Utility Room

Documents

Sellers Disclosure ›

Listing Office: EXP REALTY LLC

Last Updated: February - 07 - 2026

Information deemed reliable but not guaranteed.