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.

1145 W KESLEY Lane, St. Johns, FL 32259 (MLS# 2029637)

1145 W KESLEY Lane, St. Johns, FL 32259

$1,275,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,250 Lot Size (sq. ft.): 30,928 Status: Closed

Current Price: $1,275,000 List Date: 6/10/2024 Last Modified: 5/20/2026

Overview

Description

This amazing custom home has everything and is move in ready! Maple hardwood flooring, plantation shutters, upgraded trim package with window casings, triple crown molding, oversized baseboards, upgraded lighting system, stunning custom kitchen. Lovely formal living and dining areas, home office, huge bonus room with projection screen and custom built ins, butler's pantry area with wine cooler and wet bar sink, mud room with built in lockers, three car garage with upgraded flooring and comes equipped with a Tesla Charger! Every bedroom has it's own bathroom, and bedroom closets are all custom by California Closets. This home has an installed solar system that will provide significant savings!! The home sits on a fabulous .71 acre lot, with a custom pool and spa! Solar is paid off and roof is less than two years old! Don't miss the cabana that includes a grill, ice maker, fireplace, and more! This is a must see! This home is also listed for rent under mls 2030558.

Listing Details MLS# 2029637

General Property Information

Bedrooms Total: 5
Bathrooms Full: 6
Bathrooms Total: 6
Living Area: 4250
Living Area Source: Public Records
Year Built: 2006
Homestead YN: Yes
Lot Size Acres: 0.71
Association YN: Yes
Association Fee: 495
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 490
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: No
Stories: 2
Senior Community YN: No
Directions: South on State Road 13 over Julington Creek Bridge, (L) on Racetrack Road, (L) on Flora Branch thru the guard gate into Plantation Estates. (R) on Estates Way, (R) on South Danbury, (R) on W Kesley.
Public Remarks: This amazing custom home has everything and is move in ready! Maple hardwood flooring, plantation shutters, upgraded trim package with window casings, triple crown molding, oversized baseboards, upgraded lighting system, stunning custom kitchen. Lovely formal living and dining areas, home office, huge bonus room with projection screen and custom built ins, butler's pantry area with wine cooler and wet bar sink, mud room with built in lockers, three car garage with upgraded flooring and comes equipped with a Tesla Charger! Every bedroom has it's own bathroom, and bedroom closets are all custom by California Closets. This home has an installed solar system that will provide significant savings!! The home sits on a fabulous .71 acre lot, with a custom pool and spa! Solar is paid off and roof is less than two years old! Don't miss the cabana that includes a grill, ice maker, fireplace, and more! This is a must see! This home is also listed for rent under mls 2030558.
List Price/SqFt: 323.53
Sold Price/SqFt: 300

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Wine Cooler Fireplace Features: Gas Interior Features: Breakfast Nook; Central Vacuum; Entrance Foyer; Pantry; Primary Downstairs; Walk-In Closet(s); Wet Bar Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Patio And Porch Features: Covered; Patio Pool Features: In Ground; Gas Heat Spa Features: Private Roof: Shingle Parking Features: Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Community Pool; Fitness Center; Golf Course; Playground; Security; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-06-03

Location Tax and Legal

Street Number: 1145
Street Direction Prefix: W
Street Name: KESLEY
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Plantation Estates

Status Change Information

Major Change Timestamp: 2025-01-18T01:00:53Z
Major Change Type: Status Change
Price Change Timestamp: 2024-11-18T19:58:30Z
Purchase Contract Date: 2024-12-05
Close Date: 2025-01-17
Close Price: 1275000

Fireplace Features

Fireplaces Total: 2

More Information

DPR Eligible

DPR Eligible: No

Listing Office: HOVER GIRL PROPERTIES

Last Updated: May - 20 - 2026

Information deemed reliable but not guaranteed.