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.

1221 CREEKWOOD Way S, St. Johns, FL 32259 (MLS# 2101198)

1221 CREEKWOOD Way S, St. Johns, FL 32259

$740,000

Virtual Tour

https://www.zillow.com/view-imx/ed1ab081-c3c3-4fad-ac43-a0d8bbc40b4c?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,321 Lot Size (sq. ft.): 27,443 Status: Closed

Current Price: $740,000 List Date: 7/30/2025 Last Modified: 4/02/2026

Overview

Description

Nestled on a quiet cul-de-sac in Gates of Cunningham, this home offers privacy, charm, and functionality on a spacious 0.63-acre preserve lot—no CDD and low HOA. This brick pool home features 4 beds, 3 baths, formal dining, updated baths, wood flooring, and a cozy gas fireplace. The gourmet kitchen shines with granite countertops, GE Profile stainless steel appliances, and 42'' cabinets with wine storage. Step out to a resort-style backyard with a fenced yard (2023), lush landscaping, greenhouse, and sparkling pool. The roof was replaced 12/2024, and the new water heater was installed this year. A standout feature is the detached 2-story shop with 3 bays and its own Mitsubishi Mini Split, perfect for hobbies, projects, or extra storage. Close to top rated schools, shopping and dining, this home blends warmth, upgrades, and location into one outstanding package. Welcome home!

Listing Details MLS# 2101198

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2557
Living Area Source: Public Records
Building Area Total: 3321
Year Built: 1994
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.63
Lot Size Dimensions: .63 Acres
Association YN: Yes
Association Fee: 190
Association Fee Frequency: Annually
Association Name: Gates of Cunningham
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 5
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Direction Faces: West
Directions: From I-295. take exit San Jose Blvd South. Turn left onto Cunningham Estates Rd. Turn right onto Creekwood Way S, home is on your left.
Public Remarks: Nestled on a quiet cul-de-sac in Gates of Cunningham, this home offers privacy, charm, and functionality on a spacious 0.63-acre preserve lot—no CDD and low HOA. This brick pool home features 4 beds, 3 baths, formal dining, updated baths, wood flooring, and a cozy gas fireplace. The gourmet kitchen shines with granite countertops, GE Profile stainless steel appliances, and 42'' cabinets with wine storage. Step out to a resort-style backyard with a fenced yard (2023), lush landscaping, greenhouse, and sparkling pool. The roof was replaced 12/2024, and the new water heater was installed this year. A standout feature is the detached 2-story shop with 3 bays and its own Mitsubishi Mini Split, perfect for hobbies, projects, or extra storage. Close to top rated schools, shopping and dining, this home blends warmth, upgrades, and location into one outstanding package. Welcome home!
List Price/SqFt: 308.17
Sold Price/SqFt: 289.4

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick Other Structures: Greenhouse; Workshop Patio And Porch Features: Covered; Patio Pool Features: In Ground; Fenced; Pool Sweep Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard; Fenced; Wood Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-07-30

Location Tax and Legal

Street Number: 1221
Street Name: CREEKWOOD
Street Suffix: Way
Street Direction Suffix: S
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Gates Of Cunningham

Status Change Information

Major Change Timestamp: 2025-10-26T15:35:35Z
Major Change Type: Status Change
Price Change Timestamp: 2025-08-20T18:09:17Z
Purchase Contract Date: 2025-09-18
Close Date: 2025-10-24
Close Price: 740000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: April - 02 - 2026

Information deemed reliable but not guaranteed.