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 MARTHA Court, St. Johns, FL 32092 (MLS# 2142261)

119 MARTHA Court, St. Johns, FL 32092

$2,600

Virtual Tour

https://www.zillow.com/view-imx/da49ef6f-c5c7-40b1-b73d-8002785b61d7?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,741 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $2,600 List Date: 4/28/2026 Last Modified: 8/04/2026

Overview

Description

Beautifully maintained 3BR + den, 2BA home in Shearwater with ~1,800 sq. ft. of well-designed space. Laminate wood plank flooring flows through the main areas. A private den with board and batten accent wall is perfect for a home office. The open layout features a stunning kitchen with white cabinetry, quartz countertops, stainless steel appliances, and ample space for entertaining, flowing into a formal dining area and bright living room with double sliders to a screened lanai. The primary suite offers a tray ceiling with wood beam detail and a spa-like bath with floor-to-ceiling tiled shower, rain head, dual vanity, and walk-in closet. Two guest bedrooms share a full bath, one with a Murphy bed. Additional features include indoor laundry with washer/dryer, a 2-car garage with epoxy floors and storage racks, and access to resort-style, five-star amenities.

Listing Details MLS# 2142261

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1741
Living Area Source: Appraiser
Year Built: 2022
Lot Size Acres: 0.11
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: Shearwater Pky through 2 traffic circles - make R onto Timberwolf - 1st R onto Alston - R on Alpha - R on Chalet - L on Jamestown and L on Martha - park across from garage - walk around to front
Public Remarks: Beautifully maintained 3BR + den, 2BA home in Shearwater with ~1,800 sq. ft. of well-designed space. Laminate wood plank flooring flows through the main areas. A private den with board and batten accent wall is perfect for a home office. The open layout features a stunning kitchen with white cabinetry, quartz countertops, stainless steel appliances, and ample space for entertaining, flowing into a formal dining area and bright living room with double sliders to a screened lanai. The primary suite offers a tray ceiling with wood beam detail and a spa-like bath with floor-to-ceiling tiled shower, rain head, dual vanity, and walk-in closet. Two guest bedrooms share a full bath, one with a Murphy bed. Additional features include indoor laundry with washer/dryer, a 2-car garage with epoxy floors and storage racks, and access to resort-style, five-star amenities.
List Price/SqFt: 1.49
Sold Price/SqFt: 1.49

Property Features

Additional Lease Terms: Other Appliances: Dishwasher; Dryer; Electric Oven; Gas Range; Microwave; Refrigerator; Washer Association Amenities: Clubhouse; Community Pool; Fitness Center; Park; Playground Water Source: Public Parking Features: Garage Utilities: Cable Available Cooling: Central Air Heating: Central Pets Allowed: Yes; Breed Restrictions; Dogs OK

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-04-28
Lease Term: Other
Availability Date: 2026-04-28

Location Tax and Legal

Street Number: 119
Street Name: MARTHA
Street Suffix: Court
State: FL
County: St. Johns
Postal Code: 32092
MLS Area Major: 304- 210 South
Subdivision Name: Shearwater

Status Change Information

Major Change Timestamp: 2026-08-04T16:43:53Z
Major Change Type: Status Change
Price Change Timestamp: 2026-05-05T12:59:47Z
Purchase Contract Date: 2026-05-22
Close Date: 2026-07-01
Close Price: 2600

Deposits and Fees

Additional Fee: 150
Application Fee: 80
Pet Fee/Deposit: 300
Security Deposit: 2700

More Information

Listing Office: NEST FINDERS PROPERTY MANAGEMENT

Last Updated: August - 04 - 2026

Broker Attribution: 904-204-1266

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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