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 PEMBROOKE Road, St. Johns, FL 32259 (MLS# 2154211)

1204 PEMBROOKE Road, St. Johns, FL 32259

$769,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,910 Lot Size (sq. ft.): 15,682 Status: Closed

Current Price: $769,000 List Date: 7/07/2026 Last Modified: 7/08/2026

Overview

Description

For comp purposes only. Remodeled 5 bedroom, 4 bath pool home. Soaring ceilings and extensive trim & molding. High-end finishes throughout. River Oaks has a private community pool and dock.

Listing Details MLS# 2154211

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2910
Living Area Source: Assessor
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.36
Association YN: Yes
Association Fee: 367.5
Association Fee Frequency: Semi-Annually
CDD Fee YN: Yes
CDD Fee Amount: 1486.18
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From HWY 13 south, Turn Right into River Oaks Plantation. Take first left on Pembrooke Rd. House is on the corner of Pembrooke and River Birch.
Public Remarks: For comp purposes only. Remodeled 5 bedroom, 4 bath pool home. Soaring ceilings and extensive trim & molding. High-end finishes throughout. River Oaks has a private community pool and dock.
List Price/SqFt: 264.26
Sold Price/SqFt: 264.26

Property Features

Appliances: Dishwasher; Disposal; Microwave; Refrigerator Interior Features: Ceiling Fan(s) Flooring: Tile Laundry Features: In Unit Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Security Features: Smoke Detector(s) Patio And Porch Features: Covered Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage Fencing: Back Yard Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

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

Location Tax and Legal

Street Number: 1204
Street Name: PEMBROOKE
Street Suffix: Road
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: 2026-07-08T22:14:52Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-07
Close Date: 2026-07-08
Close Price: 769000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: NON MLS (realMLS)

Last Updated: July - 08 - 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.