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.

116 DRAGONFLY Drive, St. Johns, FL 32259 (MLS# 908990)

116 DRAGONFLY Drive, St. Johns, FL 32259

$252,500

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,850 Status: Closed

Current Price: $252,500 List Date: 11/23/2017 Last Modified: 7/12/2026

Overview

Description

This beautiful, updated home lives large and is move-in ready. The open floor plan provides plenty of room for togetherness while the split bedrooms offer up personal retreats. Thoughtful upgrades include hardwood floors, and NEW stainless steel appliances (all convey). The 3 yr. old HVAC provides peace of mind while keeping you cool and comfortable. The back yard is a private oasis with a covered patio,mature trees and room for a pool.

Listing Details MLS# 908990

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1850
Living Area Source: Public Records
Year Built: 2004
Homestead YN: Yes
Lot Size Dimensions: less than 1/4 acre
Association YN: Yes
Association Fee: 420
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 736.43
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Take Race Track Road to Dragonfly Drive and turn south. 116 Dragonfly Drive is the 2nd house on the left.
Public Remarks: This beautiful, updated home lives large and is move-in ready. The open floor plan provides plenty of room for togetherness while the split bedrooms offer up personal retreats. Thoughtful upgrades include hardwood floors, and NEW stainless steel appliances (all convey). The 3 yr. old HVAC provides peace of mind while keeping you cool and comfortable. The back yard is a private oasis with a covered patio,mature trees and room for a pool.
List Price/SqFt: 132.43
Sold Price/SqFt: 136.49

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Eat-in Kitchen; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-11-23

Location Tax and Legal

Street Number: 116
Street Name: DRAGONFLY
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Sutton Hollow

Status Change Information

Major Change Timestamp: 2018-01-12T19:51:02Z
Major Change Type: Status Change
Purchase Contract Date: 2017-11-28
Close Date: 2018-01-12
Close Price: 252500

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Structure Slab: Y

More Information

Room Information

Room Name
Office
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: July - 12 - 2026

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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