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.

1204 CUNNINGHAM CREEK Drive, St. Johns, FL 32259 (MLS# 2155620)

1204 CUNNINGHAM CREEK Drive, St. Johns, FL 32259

$600,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,201 Lot Size (sq. ft.): 15,682 Status: Closed

Current Price: $600,000 List Date: 7/16/2026 Last Modified: 9/01/2026

Overview

Description

Remolded Home

Listing Details MLS# 2155620

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2328
Living Area Source: Assessor
Building Area Total: 3201
Year Built: 1995
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.36
Association YN: Yes
Association Fee: 367.5
Association Fee Frequency: Semi-Annually
Association Name: Vesta Property Services
Association Phone: 904 747-0181
CDD Fee YN: Yes
CDD Fee Amount: 1487
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
Entry Level: Yes
Senior Community YN: No
Directions: From State Rd 13 turn onto Edgewater drive and follow around to River Bend Rd turn right on riverbed rd and then Left on Cunningham Creek Dr
Public Remarks: Remolded Home
List Price/SqFt: 257.73
Sold Price/SqFt: 257.73

Property Features

Architectural Style: Traditional Levels: One Rental Restrictions: No Minimum Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Microwave; Refrigerator Fireplace Features: Gas Utilities: Cable Available; Natural Gas Connected; Sewer Connected; Water Available Cooling: Central Air; Zoned Heating: Central; Electric Electric: 150 Amp Service Water Source: Public Parking Features: Garage; Off Street View: Pond Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-02

Location Tax and Legal

Street Number: 1204
Street Name: CUNNINGHAM CREEK
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: River Oaks Plantation

Status Change Information

Major Change Timestamp: 2026-09-01T15:57:58Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-04
Close Date: 2026-09-01
Close Price: 600000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: September - 01 - 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.