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.

1213 RIBBON Road, St. Johns, FL 32259 (MLS# 2146532)

1213 RIBBON Road, St. Johns, FL 32259

$620,000

Virtual Tour

https://iframe.videodelivery.net/6e749109c2bed7779c6538f6b378e9d1

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,867 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $620,000 List Date: 5/21/2026 Last Modified: 7/09/2026

Overview

Description

Under Contract but Accepting Back Up Offers. 2-Story 5 bedrooms & 3.5 baths. Pool Home w/ heated pool and spa on a huge .41 acre home site in gated Estates @ Julington Creek Plantation. This property has been hardened with a new roof in 2023, new thermal, low-e vinyl windows in 2022 & 2023, 2024 water heater, newly painted inside and out, brand new premium laminate flooring continuous throughout the 1st floor. New lighting! The fully-equipped Kitchen has been updated w/ gorgeous granite, cabinets refreshed w/ a new vanilla bisque finish & new hardware. Primary bath has had a beautiful makeover with freestanding tub, new finish on cabinets, updated mirrors & lighting. Pool & Spa w/ oversized paver deck installed in 2018. Three-car garage boasts newly finished floor. Landscaping has been refreshed front & back & irrigation system updated. Fully-fenced back yard. Laundry Room has ample storage & a deep sink. All bedrooms are up in this floor plan. Walk to the amenity center!

Listing Details MLS# 2146532

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2891
Living Area Source: Public Records
Building Area Total: 3867
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.41
Lot Size Dimensions: 145 x 170 x 50 x 193
Association YN: Yes
Association Fee: 540
Association Fee Frequency: Quarterly
Association Fee 2: 580
Association Fee 2 Frequency: Annually
Association Name: Leland & Vesta
Association Phone: 904.223.7224
CDD Fee YN: Yes
CDD Fee Amount: 1426.73
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: Fr:I-295 & San Jose Blvd: South on San Jose approx 4.5 mi to Left on Race Track Rd for 2.1 mi to Left on Flora Branch. After Guard Gate left at Summerdown (1st Stop Sign) then right on Ribbon Rd to property on Left.
Public Remarks: Under Contract but Accepting Back Up Offers. 2-Story 5 bedrooms & 3.5 baths. Pool Home w/ heated pool and spa on a huge .41 acre home site in gated Estates @ Julington Creek Plantation. This property has been hardened with a new roof in 2023, new thermal, low-e vinyl windows in 2022 & 2023, 2024 water heater, newly painted inside and out, brand new premium laminate flooring continuous throughout the 1st floor. New lighting! The fully-equipped Kitchen has been updated w/ gorgeous granite, cabinets refreshed w/ a new vanilla bisque finish & new hardware. Primary bath has had a beautiful makeover with freestanding tub, new finish on cabinets, updated mirrors & lighting. Pool & Spa w/ oversized paver deck installed in 2018. Three-car garage boasts newly finished floor. Landscaping has been refreshed front & back & irrigation system updated. Fully-fenced back yard. Laundry Room has ample storage & a deep sink. All bedrooms are up in this floor plan. Walk to the amenity center!
List Price/SqFt: 216.19
Sold Price/SqFt: 214.46

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Plumbed For Ice Maker; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Guest Suite; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; In Unit; Sink; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Multi Units; Zoned Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Green Energy Efficient: Thermostat Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Front Porch; Rear Porch Pool Features: In Ground; Heated Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cleared; Irregular Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Management - Full Time; Pickleball; Playground; Security; Tennis Court(s) Community Features: Curbs; Gated; Sidewalks; Street Lights; Suburban Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Home Sale; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-05-21

Location Tax and Legal

Street Number: 1213
Street Name: RIBBON
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek Plan

Status Change Information

Major Change Timestamp: 2026-06-27T12:22:13Z
Major Change Type: Status Change
Purchase Contract Date: 2026-05-23
Close Date: 2026-06-26
Close Price: 620000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: IDEAL REALTY CONNECTIONS

Last Updated: July - 09 - 2026

Broker Attribution: [email protected]

Information deemed reliable but not guaranteed.