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.

1120 NATURES HAMMOCK Road S, St. Johns, FL 32259 (MLS# 2053344)

1120 NATURES HAMMOCK Road S, St. Johns, FL 32259

$445,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,987 Lot Size (sq. ft.): 23,958 Status: Closed

Current Price: $445,000 List Date: 12/28/2024 Last Modified: 1/14/2026

Overview

Description

No HOA or CDD fees in desirable St. Johns County, one of Florida's top-rated school districts. Investor looking for a project or eager to design your dream home? Rare opportunity available in the beautiful Natures Hammock neighborhood. Spacious 1/2 acre+ lot pool home brimming with potential. The perfect canvas ready for a stunning transformation. French doors, bay windows, crown moulding, stone feature wall, wood-burning fireplace, designated office, dining room, walk-in pantry, utility sink in laundry, & finished courtyard entry garage are some of the existing features. Roof replaced 2013. Enjoy the private fenced backyard & pool area with tropical landscape perfect for entertaining or relaxing. Located on a quiet loop with gorgeous mature oaks, this home offers a peaceful retreat conveniently close to local amenities, restaurants, shopping & St Johns River. Great bones with endless possibilities in a prime location. Schedule your personal showing today & come create your own oasis!

Listing Details MLS# 2053344

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2414
Living Area Source: Public Records
Building Area Total: 2987
Year Built: 1981
Lot Size Acres: 0.55
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Direction Faces: North
Directions: West on Racetrack Rd to CR-13. Continue through light to Fruit Cove Terrace S. Turn Right at the second entrance to Nature's Hammock. Home is on the Left.
Public Remarks: No HOA or CDD fees in desirable St. Johns County, one of Florida's top-rated school districts. Investor looking for a project or eager to design your dream home? Rare opportunity available in the beautiful Natures Hammock neighborhood. Spacious 1/2 acre+ lot pool home brimming with potential. The perfect canvas ready for a stunning transformation. French doors, bay windows, crown moulding, stone feature wall, wood-burning fireplace, designated office, dining room, walk-in pantry, utility sink in laundry, & finished courtyard entry garage are some of the existing features. Roof replaced 2013. Enjoy the private fenced backyard & pool area with tropical landscape perfect for entertaining or relaxing. Located on a quiet loop with gorgeous mature oaks, this home offers a peaceful retreat conveniently close to local amenities, restaurants, shopping & St Johns River. Great bones with endless possibilities in a prime location. Schedule your personal showing today & come create your own oasis!
List Price/SqFt: 206.71
Sold Price/SqFt: 184.34

Property Features

Architectural Style: Other Levels: Two Property Condition: Fixer Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Laundry Features: In Unit; Lower Level Utilities: Cable Available; Electricity Connected Cooling: Central Air Heating: Central Water Source: Private; Well Sewer: Private Sewer Construction Materials: Brick Patio And Porch Features: Deck Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cleared Fencing: Back Yard; Fenced; Privacy; Wood Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-10-22

Location Tax and Legal

Street Number: 1120
Street Name: NATURES HAMMOCK
Street Suffix: Road
Street Direction Suffix: S
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: 2025-02-14T17:14:38Z
Major Change Type: Status Change
Price Change Timestamp: 2024-12-28T21:34:32Z
Purchase Contract Date: 2025-01-07
Close Date: 2025-02-13
Close Price: 445000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: COLDWELL BANKER PREMIER PROPERTIES

Last Updated: January - 14 - 2026

Information deemed reliable but not guaranteed.