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.

113 INDIAN COVE Lane, Ponte Vedra Beach, FL 32082 (MLS# 2044316)

113 INDIAN COVE Lane, Ponte Vedra Beach, FL 32082

$1,115,000

Virtual Tour

https://app.eastcoastvtours.com/sites/dqmramg/unbranded

Social Initiation Included to Marsh Landing Country Club

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,157 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $1,115,000 List Date: 8/26/2024 Last Modified: 3/19/2025

Overview

Description

Under Contract - First Right of Refusal. Priced to sell! AND SOCIAL MEMBERSHIP INCLUDED TO MARSH LANDING COUNTRY CLUB. Your Backyard Paradise awaits... bring your boat, jet skis, kayak & fishing poles to this navigable waterfront home w/ 80' dock on tidal creek. Stunning nature views abound from this beautiful waterfront home in the highly sought after community of Marsh Landing in Ponte Vedra Beach, FL. This former model home has panoramic views w/soaring ceilings over 26' in the great rm. Walls of windows providing incredible natural light & hardwood flrs at main spaces. Ext & Int of home recently repainted. Kitchen features newer granite countertops, stainless appliances & opens to the breakfast & family rm w/views of the marsh. Main floor consists of 3 bdrms including the spacious main bdrm w/Spa like primary bath featuring a soaking tub & frameless shower. 2 bedrooms upstairs with one bathroom. Home just reduced by $80,000!!! Being Sold in ''AS IS'' condition.

Listing Details MLS# 2044316

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3157
Living Area Source: Public Records
Year Built: 1993
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 412
Association Fee Frequency: Monthly
Association Name: Marsh Landing Mgmt
Association Phone: 904-273-3033
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: A1A to west on Solana, to right at Marsh Landing Pkwy. Thru Marsh Landing security gate. Left at Harbour View Dr. left on Indian Cove Ln. to home on the left.
Public Remarks: Under Contract - First Right of Refusal. Priced to sell! AND SOCIAL MEMBERSHIP INCLUDED TO MARSH LANDING COUNTRY CLUB. Your Backyard Paradise awaits... bring your boat, jet skis, kayak & fishing poles to this navigable waterfront home w/ 80' dock on tidal creek. Stunning nature views abound from this beautiful waterfront home in the highly sought after community of Marsh Landing in Ponte Vedra Beach, FL. This former model home has panoramic views w/soaring ceilings over 26' in the great rm. Walls of windows providing incredible natural light & hardwood flrs at main spaces. Ext & Int of home recently repainted. Kitchen features newer granite countertops, stainless appliances & opens to the breakfast & family rm w/views of the marsh. Main floor consists of 3 bdrms including the spacious main bdrm w/Spa like primary bath featuring a soaking tub & frameless shower. 2 bedrooms upstairs with one bathroom. Home just reduced by $80,000!!! Being Sold in ''AS IS'' condition.
List Price/SqFt: 379.79
Sold Price/SqFt: 353.18

Property Features

Architectural Style: Contemporary Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Concrete; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Zoned Heating: Central; Electric; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Green Water Conservation: Low-Flow Fixtures Security Features: Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Exterior Features: Dock Patio And Porch Features: Deck; Patio; Porch; Screened Roof: Tile Parking Features: Additional Parking; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Other View: Creek/Stream; Water Waterfront Features: Creek; Marsh; Navigable Water Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Management - Full Time; Management - Off Site; Park; Playground; Security; Tennis Court(s); Trash Association Fee Includes: Maintenance Grounds; Security Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan Room Types: Great Room; Primary Bedroom; Utility Room