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.

1128 MILL CREEK Drive, St. Johns, FL 32259 (MLS# 2109359)

1128 MILL CREEK Drive, St. Johns, FL 32259

$1,440,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 5,280 Lot Size (sq. ft.): 34,848 Status: Closed

Current Price: $1,440,000 List Date: 1/26/2026 Last Modified: 6/05/2026

Overview

Description

TRULY CUSTOM; ONE OF A KIND WATERFRONT POOL HOME! This lovely estate home has everything a discerning buyer could want; 12-22' ceilings, full walls of windows all overlooking the 2 story pool screen complete with summer kitchen, fenced yard & private dock with boathouse & lift on navigable Mill Creek, about 10 houses from the St. Johns River. There are several rooms that have a multitude of uses; one is currently a theater room, another bonus/office upstairs has an amazing balcony, then a 3rd bonus over the garage could be a 5th or 6th bedroom. Grand circular staircase has custom iron railing & wood treads, stunning 2 story Tabbystone fireplace and fabulous chandelier (that lowers electronically) plus motorized blinds give the family room loads of WOW factor. The kitchen has custom wood cabinets, 48'' built in Kitchenaid fridge, 6 burner JennAire gas range and more. Surround sound speakers, water softener, solar heated pool, central vacuum, safe room under stairs & SO much more

Listing Details MLS# 2109359

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 3
Bathrooms Total: 6
Living Area: 5280
Living Area Source: Assessor
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.8
Lot Size Dimensions: 100 x
Association YN: Yes
Association Fee: 349.5
Association Fee Frequency: Semi-Annually
CDD Fee YN: Yes
CDD Fee Amount: 1016.84
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 100
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: Go South on SR13, turn right into River Oaks Plantation on Edgewater Dr. Take 1st left on Pembrooke, last right on Mill Creek. Home is ahead on left
Public Remarks: TRULY CUSTOM; ONE OF A KIND WATERFRONT POOL HOME! This lovely estate home has everything a discerning buyer could want; 12-22' ceilings, full walls of windows all overlooking the 2 story pool screen complete with summer kitchen, fenced yard & private dock with boathouse & lift on navigable Mill Creek, about 10 houses from the St. Johns River. There are several rooms that have a multitude of uses; one is currently a theater room, another bonus/office upstairs has an amazing balcony, then a 3rd bonus over the garage could be a 5th or 6th bedroom. Grand circular staircase has custom iron railing & wood treads, stunning 2 story Tabbystone fireplace and fabulous chandelier (that lowers electronically) plus motorized blinds give the family room loads of WOW factor. The kitchen has custom wood cabinets, 48'' built in Kitchenaid fridge, 6 burner JennAire gas range and more. Surround sound speakers, water softener, solar heated pool, central vacuum, safe room under stairs & SO much more
List Price/SqFt: 284.07
Sold Price/SqFt: 272.73

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Butler Pantry; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s); Wet Bar Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air; Electric; Multi Units; Zoned Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Lighting Security Features: Closed Circuit Camera(s); Smoke Detector(s) Construction Materials: Frame; Stone Veneer; Stucco Other Structures: Boat House Exterior Features: Balcony; Boat Lift; Dock; Outdoor Kitchen Patio And Porch Features: Covered; Rear Porch Pool Features: In Ground; Heated; Screen Enclosure; Solar Heat Spa Features: In Ground Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Wetlands; Wooded View: Creek/Stream; Trees/Woods Water Body Access Type: Community Waterfront Features: Canal Front; Navigable Water; River Access Fencing: Back Yard; Fenced Current Use: Residential; Single Family Association Amenities: Barbecue; Basketball Court; Boat Dock; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Management - Off Site; Park; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-01

Location Tax and Legal

Street Number: 1128
Street Name: MILL CREEK
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: River Oaks Plantation

Status Change Information

Major Change Timestamp: 2026-01-26T19:45:34Z
Major Change Type: Status Change
Purchase Contract Date: 2025-09-11
Close Date: 2026-01-21
Close Price: 1440000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: RE/MAX SPECIALISTS

Last Updated: June - 05 - 2026

Information deemed reliable but not guaranteed.