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.

120 MEADOWCREST Lane, Ponte Vedra Beach, FL 32082 (MLS# 2035904)

120 MEADOWCREST Lane, Ponte Vedra Beach, FL 32082

$975,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,272 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $975,000 List Date: 7/12/2024 Last Modified: 3/07/2025

Overview

Description

ACCEPTING BACKUPS! Discover Ponte Vedra Beach's best-kept secret neighborhood, an exclusive enclave of just 65 homes where luxury and convenience blend seamlessly. This updated single-level home is situated on a tranquil cul-de-sac and is competitively priced under $1M, offering an exceptional opportunity for discerning buyers. Imagine the ease of walking children to an A-rated school, biking or strolling to the pristine beach, and enjoying the vibrant local shopping, dining, and recreational amenities including golf, tennis, and pickleball—all just minutes away. KEY FEATURES: Prime Location: Walk to the beach, shops, and top-rated schools. Modern Comforts: Newer HVAC, hot water heaters, windows, freshly painted, and a water filtration system ensure a worry-free lifestyle. Spacious Living: Oversized 2-car garage with ample room for a golf cart and/or beach toys. Outdoor Oasis: Enjoy a screened-in pool and patio area perfect for outdoor living

Supplements: and entertaining. Peaceful Setting: Enjoy the privacy of a large, well landscaped yard with fruit trees, ocean breezes and a serene cul-de-sac location. Desirable Lifestyle: Ponte Vedra Beach offers a luxurious lifestyle with endless activities and experiences for the entire family. Don't miss out on this rare opportunity to own a slice of paradis ... (Read more)

Listing Details MLS# 2035904

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2392
Living Area Source: Public Records
Building Area Total: 3272
Year Built: 1991
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.34
Association YN: Yes
Association Fee: 385
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2.5
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: West
Directions: South on State Road A1A to intersection at Corona Rd. Turn RIGHT onto Summerfield and then 2nd Right onto Meadowcrest, home at end of street in cul de sac.
Public Remarks: ACCEPTING BACKUPS! Discover Ponte Vedra Beach's best-kept secret neighborhood, an exclusive enclave of just 65 homes where luxury and convenience blend seamlessly. This updated single-level home is situated on a tranquil cul-de-sac and is competitively priced under $1M, offering an exceptional opportunity for discerning buyers. Imagine the ease of walking children to an A-rated school, biking or strolling to the pristine beach, and enjoying the vibrant local shopping, dining, and recreational amenities including golf, tennis, and pickleball—all just minutes away. KEY FEATURES: Prime Location: Walk to the beach, shops, and top-rated schools. Modern Comforts: Newer HVAC, hot water heaters, windows, freshly painted, and a water filtration system ensure a worry-free lifestyle. Spacious Living: Oversized 2-car garage with ample room for a golf cart and/or beach toys. Outdoor Oasis: Enjoy a screened-in pool and patio area perfect for outdoor living
List Price/SqFt: 413.88
Sold Price/SqFt: 407.61

Property Features

Architectural Style: Traditional Levels: One Rental Restrictions: 6 Months Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Water Heater; Gas Range; Microwave; Refrigerator; Washer; Wine Cooler Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Lower Level; Sink; Washer Hookup Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected; Propane Cooling: Central Air; Electric; Multi Units Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Stucco Exterior Features: Outdoor Shower Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Pool Features: In Ground; Pool Sweep; Screen Enclosure; Waterfall Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Pool Current Use: Residential; Single Family Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection