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.

119 CYPRESS BANKS Drive, St. Johns, FL 32259 (MLS# 2146590)

119 CYPRESS BANKS Drive, St. Johns, FL 32259

$530,000

2-print-119 Cypress Banks_001 day to dus

Beautiful leaded glass front double doors

Laundry with utility sink off of kitchen

Master bath with soaking tub and separate shower

Office/Playroom or 5th bedroom with closet

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,216 Status: Closed

Current Price: $530,000 List Date: 6/01/2026 Last Modified: 7/25/2026

Overview

Description

Welcome home to this beautifully maintained DreamFinder's home nestled in the quaint neighborhood of Durbin Creek Estates. This spacious single story home with three car garage features an open floorplan with tile throughout and plenty of natural light. The kitchen is the perfect spot for entertaining and family gatherings with its breakfast nook and large center island. The large primary suite has private bath with double vanities, soaking tub and separate shower. Three additional bedrooms plus an additional flex space which can be used as a 5th bedroom, office or playroom offer the space you've been looking for. Enjoy your morning coffee on your back covered patio overlooking large fenced in yard. Conveniently located close to shopping, restaurants and A-rated St. John's County Schools. 1% seller credit toward closing costs using preferred lender (Bayway Mortgage). Schedule your showing today and fall in love with this beautiful home!

Listing Details MLS# 2146590

General Property Information

Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2216
Living Area Source: Public Records
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 990
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: Yes
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
Furnished: Partially
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: From I95 N take FL-9B and Race Track Rd to Veterans Pkwy. Turn left onto Veterans Pkwy and turn right onto Bent Creek Drive. Turn right onto Cypress Banks Drive. House will be your left.
Public Remarks: Welcome home to this beautifully maintained DreamFinder's home nestled in the quaint neighborhood of Durbin Creek Estates. This spacious single story home with three car garage features an open floorplan with tile throughout and plenty of natural light. The kitchen is the perfect spot for entertaining and family gatherings with its breakfast nook and large center island. The large primary suite has private bath with double vanities, soaking tub and separate shower. Three additional bedrooms plus an additional flex space which can be used as a 5th bedroom, office or playroom offer the space you've been looking for. Enjoy your morning coffee on your back covered patio overlooking large fenced in yard. Conveniently located close to shopping, restaurants and A-rated St. John's County Schools. 1% seller credit toward closing costs using preferred lender (Bayway Mortgage). Schedule your showing today and fall in love with this beautiful home!
List Price/SqFt: 247.74
Sold Price/SqFt: 239.17

Property Features

Architectural Style: Ranch; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Lower Level Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Locks; Programmable Thermostat; Smoke Detector Construction Materials: Composition Siding Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Vinyl Current Use: Single Family Association Amenities: Playground Community Features: Curbs; Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection