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 OLD MILL Court, Ponte Vedra Beach, FL 32082 (MLS# 2152689)

120 OLD MILL Court, Ponte Vedra Beach, FL 32082

$675,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,186 Lot Size (sq. ft.): 10,454 Status: Pending

Current Price: $675,000 List Date: 9/21/2026 Last Modified: 10/28/2026

Overview

Description

By far this is the best value in Ponte Vedra Beach!!! This lovely single story home offers 4 bedrooms 2 bathrooms & a functional layout designed for comfortable living. Beautiful wood floors run throughout the main living areas & the primary bedroom creating a warm & inviting feel. The eat-in kitchen overlooks the spacious great room with fireplace & access to a screened lanai overlooking the private yard. Nestled in desirable Odoms Mill this community offers pool, playground & great proximity to A rated schools, beach dining & shopping nearby.

Listing Details MLS# 2152689

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2186
Living Area Source: Public Records
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.24
Association YN: Yes
Association Fee: 607
Association Fee Frequency: Semi-Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From JTB/SR202 go south on A1A to right onto Palm Valley Rd, go through traffic light and turn right into Odoms Mill then right onto Old Mill Ct, house in cul de sac on right.
Public Remarks: By far this is the best value in Ponte Vedra Beach!!! This lovely single story home offers 4 bedrooms 2 bathrooms & a functional layout designed for comfortable living. Beautiful wood floors run throughout the main living areas & the primary bedroom creating a warm & inviting feel. The eat-in kitchen overlooks the spacious great room with fireplace & access to a screened lanai overlooking the private yard. Nestled in desirable Odoms Mill this community offers pool, playground & great proximity to A rated schools, beach dining & shopping nearby.
List Price/SqFt: 308.78

Property Features

Levels: One Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Attached; Garage Current Use: Residential; Single Family Association Fee Includes: Trash Community Features: Curbs; Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-26

Location Tax and Legal

Street Number: 120
Street Name: OLD MILL
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Odoms Mill

Status Change Information

Major Change Timestamp: 2026-10-28T13:31:56Z
Major Change Type: Status Change
Price Change Timestamp: 2026-10-13T01:30:54Z
Purchase Contract Date: 2026-10-15

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: PONTE VEDRA CLUB REALTY, INC.

Last Updated: October - 28 - 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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