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.

1141 LAKE PARKE Drive, St. Johns, FL 32259 (MLS# 2029040)

1141 LAKE PARKE Drive, St. Johns, FL 32259

$467,000

Virtual Tour

https://youtu.be/kl5RPg3kb7Y

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,215 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $467,000 List Date: 12/02/2024 Last Modified: 5/01/2026

Overview

Description

This wonderful Julington Creek Plantation home could be yours! Location, Location, Location! Light and bright picturesque in sought after St Johns county with a VIEW! This brick front home with 4 BR split floorplan is ideal for entertaining and features spacious everyday living. Huge Great room with vault ceilings and fireplace with formal dining/flex room and large kitchen and breakfast area with updated counter tops. Spacious primary suite with tray ceiling, his and her closets and garden bath retreat with double vanity, separate shower and water closet. Inviting Florida room leads with gorgeous scenic view of horse farm. Offering ''A'' rated schools, shopping and dining all nearby. Amazing community amenities including, clubhouse, pools, trails, playground, basketball, and more...., 1% of loan amount to buyer is being offered towards closing costs or interest rate buy down when financing is provided by Edward Carlton at Bayway Mtg

Listing Details MLS# 2029040

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2215
Living Area Source: Plans
Year Built: 1996
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 490
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1450
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: San Jose Blvd over Julington Creek Bridge left at Racetrack, Left at light on Durbin Creek, Right on Lake Parke Drive
Public Remarks: This wonderful Julington Creek Plantation home could be yours! Location, Location, Location! Light and bright picturesque in sought after St Johns county with a VIEW! This brick front home with 4 BR split floorplan is ideal for entertaining and features spacious everyday living. Huge Great room with vault ceilings and fireplace with formal dining/flex room and large kitchen and breakfast area with updated counter tops. Spacious primary suite with tray ceiling, his and her closets and garden bath retreat with double vanity, separate shower and water closet. Inviting Florida room leads with gorgeous scenic view of horse farm. Offering ''A'' rated schools, shopping and dining all nearby. Amazing community amenities including, clubhouse, pools, trails, playground, basketball, and more...., 1% of loan amount to buyer is being offered towards closing costs or interest rate buy down when financing is provided by Edward Carlton at Bayway Mtg
List Price/SqFt: 213.5
Sold Price/SqFt: 210.84

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Cooktop; Electric Range; Electric Water Heater Interior Features: Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Available; Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Construction Materials: Brick Veneer Roof: Shingle Parking Features: Garage View: Other Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Jogging Path; Park; Playground Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection; Lender Approval; Waiting for Signatures

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-06-01

Location Tax and Legal

Street Number: 1141
Street Name: LAKE PARKE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek Plan

Status Change Information

Major Change Timestamp: 2025-03-20T17:01:08Z
Major Change Type: Status Change
Price Change Timestamp: 2024-09-11T00:54:44Z
Purchase Contract Date: 2025-02-15
Close Date: 2025-03-17
Close Price: 467000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: May - 01 - 2026

Information deemed reliable but not guaranteed.