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.

1217 EDGEWATER Drive, St. Johns, FL 32259 (MLS# 2009361)

1217 EDGEWATER Drive, St. Johns, FL 32259

$849,000

Virtual Tour

https://www.zillow.com/view-3d-home/b7d20599-5882-4ef8-b5df-5a1ee4cff9ca?setAttribution=mls&wl=true&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,200 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $849,000 List Date: 2/22/2024 Last Modified: 8/31/2026

Overview

Description

Rare Opportunity *Back to Market through no fault of the home* The Ultimate in Florida living. Immaculate courtyard Pool home in the sought after River Oaks Plantation. Enter through the Covered courtyard to the sounds of a trickling waterfall. Outdoor dining and seating areas overlook the private pool with solar heated spa. Perfect for entertaining friends and family with separate poolside guest suite adding an additional dwelling of 240 Sq ft. Walls of windows and French doors lead to the family room with vaulted ceilings and wood burning fireplace. Bright and spacious kitchen with ample storage, deep stainless sink, custom center island, breakfast bar, display shelving, and eat in dining area. Spacious owner's suite with Luxurious spa bathroom. Completely renovated with Marble tiles, dual vanities, large soaking tub, walk in shower, and a private patio retreat. The Split floor plan features 10ft ceilings with custom crown molding, durable bamboo hardwood flooring...

Supplements: both a formal living and dining room. Generous bedrooms all with walk in closets and updated bathrooms. Stairway leads to the bonus room with desk nook and closet for the 5th bedroom. Shiplapped laundry with wash sink, drying line and storage nook lead to a 3 car garage like no other. Beauty and function combine with durable coated flooring, custo ... (Read more)

Listing Details MLS# 2009361

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3200
Living Area Source: Public Records
Building Area Total: 3200
Year Built: 1995
Accessory Dwelling Unit Y/N: Yes
Lot Size Acres: 0.45
Association YN: Yes
Association Fee: 317.5
Association Fee Frequency: Semi-Annually
CDD Fee YN: Yes
CDD Fee Amount: 1059.21
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: Negotiable
Stories: 2
Senior Community YN: No
Directions: From Racetrack Rd Head South on SR 13. Turn Right onto Edgewater Drive into River Oaks Plantation. Enter circular drive on the right. 1217 is On the corner of Edgewater Dr and Kingsland Ct
Public Remarks: Rare Opportunity *Back to Market through no fault of the home* The Ultimate in Florida living. Immaculate courtyard Pool home in the sought after River Oaks Plantation. Enter through the Covered courtyard to the sounds of a trickling waterfall. Outdoor dining and seating areas overlook the private pool with solar heated spa. Perfect for entertaining friends and family with separate poolside guest suite adding an additional dwelling of 240 Sq ft. Walls of windows and French doors lead to the family room with vaulted ceilings and wood burning fireplace. Bright and spacious kitchen with ample storage, deep stainless sink, custom center island, breakfast bar, display shelving, and eat in dining area. Spacious owner's suite with Luxurious spa bathroom. Completely renovated with Marble tiles, dual vanities, large soaking tub, walk in shower, and a private patio retreat. The Split floor plan features 10ft ceilings with custom crown molding, durable bamboo hardwood flooring...
List Price/SqFt: 257.81
Sold Price/SqFt: 265.31

Property Features

Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Lower Level Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air Heating: Central Water Source: Public; Well Sewer: Public Sewer Construction Materials: Stucco Other Structures: Shed(s) Patio And Porch Features: Covered; Screened Pool Features: In Ground; Heated; Pool Sweep; Screen Enclosure; Solar Heat Spa Features: Heated; In Ground; Private Parking Features: Attached; Circular Driveway; Garage; Garage Door Opener Lot Features: Corner Lot Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Park; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan