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.

121 E NOTTINGHAM Drive, St. Johns, FL 32259 (MLS# 2140024)

121 E NOTTINGHAM Drive, St. Johns, FL 32259

$455,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,119 Lot Size (sq. ft.): 30,928 Status: Closed

Current Price: $455,000 List Date: 4/15/2026 Last Modified: 6/19/2026

Overview

Description

Just Listed POOL Home in Nottingham neighborhood in northern St Johns County!! BUYER INCENTIVE: Seller offering up to $20,000 toward buyer closing costs, prepaid expenses, and/or interest rate buy-down when using Seller's preferred lender. Incentive subject to lender approval, loan program restrictions, and terms outlined in the executed contract.Great home with a private lot in a top location in St Johns County - nearby great schools, shopping, and restaurants and short commute to St Augustine, Jax, and the Beaches! Home features neutral colors throughout and mature landscaping. Freshly painted interior, new kitchen cabinets with quartz countertops, new water heater and NEW ROOF! Pool is ''as is'' and does need updating, great lot overlooking the lake and loads of opportunity to create your own backyard oasis! Call your agent and schedule your showing today!

Listing Details MLS# 2140024

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2119
Living Area Source: Public Records
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.71
Association YN: Yes
Association Fee: 338
Association Fee Frequency: 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: Yes
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Senior Community YN: No
Directions: South on SR 13 to L on Roberts Rd to L on Tiger Creek Blvd to L on Nottingham to R on Nottingham to home on the L
Public Remarks: Just Listed POOL Home in Nottingham neighborhood in northern St Johns County!! BUYER INCENTIVE: Seller offering up to $20,000 toward buyer closing costs, prepaid expenses, and/or interest rate buy-down when using Seller's preferred lender. Incentive subject to lender approval, loan program restrictions, and terms outlined in the executed contract.Great home with a private lot in a top location in St Johns County - nearby great schools, shopping, and restaurants and short commute to St Augustine, Jax, and the Beaches! Home features neutral colors throughout and mature landscaping. Freshly painted interior, new kitchen cabinets with quartz countertops, new water heater and NEW ROOF! Pool is ''as is'' and does need updating, great lot overlooking the lake and loads of opportunity to create your own backyard oasis! Call your agent and schedule your showing today!
List Price/SqFt: 224.12
Sold Price/SqFt: 214.72

Property Features

Architectural Style: Contemporary; Traditional Levels: One Appliances: Dishwasher; Disposal; Electric Oven; Microwave Interior Features: Breakfast Bar; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: In Ground Parking Features: Attached; Garage View: Pond Waterfront Features: Pond Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-04-14

Location Tax and Legal

Street Number: 121
Street Direction Prefix: E
Street Name: NOTTINGHAM
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Nottingham

Status Change Information

Major Change Timestamp: 2026-06-19T14:22:55Z
Major Change Type: Status Change
Purchase Contract Date: 2026-05-20
Close Date: 2026-06-18
Close Price: 455000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: RE/MAX SPECIALISTS

Last Updated: June - 19 - 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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