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.

112 S ARABELLA Way, St. Johns, FL 32259 (MLS# 2062908)

112 S ARABELLA Way, St. Johns, FL 32259

$478,000

1-web-or-mls-112 S Arabella Way (3 of 56

2-web-or-mls-112 S Arabella Way (1 of 56

3-web-or-mls-112 S Arabella Way (2 of 56

4-web-or-mls-112 S Arabella Way (4 of 56

5-web-or-mls-112 S Arabella Way (9 of 56

6-web-or-mls-112 S Arabella Way (10 of 5

7-web-or-mls-112 S Arabella Way (11 of 5

9-web-or-mls-112 S Arabella Way (17 of 5

Enjoy relaxing in this private & peaceful setting!

38-web-or-mls-112 S Arabella Way (6 of 5

39-web-or-mls-112 S Arabella Way (7 of 5

40-web-or-mls-112 S Arabella Way (5 of 5

41-web-or-mls-112 S Arabella Way (8 of 5

57-web-or-mls-16_St. Johns Forest Hi-Res

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,046 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $478,000 List Date: 1/08/2025 Last Modified: 7/22/2026

Overview

Description

Nestled in sought-after St Johns Forest, this impeccably maintained 3 bedroom + study, 2.5 bath home offers the perfect blend of elegance & functionality. As you step through the front door, you'll be greeted by stunning wood floors that lead into the open foyer, study, dining area & hallway to secondary bedrooms. The custom expanded study, complete with French doors, provides a quiet retreat & is complemented by a convenient powder bath. The expansive chef's kitchen is a true highlight featuring a built-in refrigerator cabinet, gas range with range hood, under-cabinet lighting, & a large kitchen island with pendant lighting. Gorgeous custom birch cabinetry offers ample storage, making this kitchen an entertainer's dream. From the kitchen enjoy serene preserve views as you relax in the spacious gathering room. French doors open to a screened lanai, perfect for unwinding while surrounded by nature. The lovely primary suite boasts wood floors & a bay window sitting area. There's more...

Supplements: Enjoy designer touches throughout, including crown molding, large baseboards, window casements, recessed & custom lighting, and a surround sound system. Notable updates include a new HVAC, water heater, washer/dryer & dishwasher, all replaced in 2022. The garage is equipped with water softener, pull down attic stairs, peg board system, custom cabin ... (Read more)

Listing Details MLS# 2062908

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2046
Living Area Source: Public Records
Year Built: 2012
Homestead YN: Yes
Lot Size Acres: 0.23
Association YN: Yes
Association Fee: 762
Association Fee Frequency: Quarterly
Association Name: Freedom Community Management
Association Phone: 904-490-8191
CDD Fee YN: Yes
CDD Fee Amount: 1456.29
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: You must enter at the main guard gate at the 210 entrance. From I-95, take CR 210 West exit. Turn onto St Johns Forest Blvd & proceed to gated entrance. Continue on St Johns Forest Blvd to Arabella Way. Turn left & home will be on the left.
Public Remarks: Nestled in sought-after St Johns Forest, this impeccably maintained 3 bedroom + study, 2.5 bath home offers the perfect blend of elegance & functionality. As you step through the front door, you'll be greeted by stunning wood floors that lead into the open foyer, study, dining area & hallway to secondary bedrooms. The custom expanded study, complete with French doors, provides a quiet retreat & is complemented by a convenient powder bath. The expansive chef's kitchen is a true highlight featuring a built-in refrigerator cabinet, gas range with range hood, under-cabinet lighting, & a large kitchen island with pendant lighting. Gorgeous custom birch cabinetry offers ample storage, making this kitchen an entertainer's dream. From the kitchen enjoy serene preserve views as you relax in the spacious gathering room. French doors open to a screened lanai, perfect for unwinding while surrounded by nature. The lovely primary suite boasts wood floors & a bay window sitting area. There's more...
List Price/SqFt: 233.87
Sold Price/SqFt: 233.63

Property Features

Architectural Style: Ranch; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Oven; Gas Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: 24 Hour Security; Gated with Guard; Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Covered; Front Porch; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Wooded View: Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Pickleball; Playground; Security; Tennis Court(s) Association Fee Includes: Internet; Security Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan