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.

124 MARTINIQUE Circle, Ponte Vedra Beach, FL 32082 (MLS# 2171047)

124 MARTINIQUE Circle, Ponte Vedra Beach, FL 32082

$440,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,129 Lot Size (sq. ft.): 12,632 Status: Active

Current Price: $440,000 List Date: 10/27/2026 Last Modified: 10/29/2026

Overview

Description

Fresh from a thoughtful renovation, this two-bedroom, two-bathroom home pairs easy-care updates with expansive pond views and a Ponte Vedra Beach location close to everyday essentials. Wood-look tile flooring now runs throughout the interior, complemented by fresh paint, new interior doors, new skylights, and new appliances. An indoor laundry room keeps household tasks conveniently contained, while the one-car garage and large driveway provide practical parking options. The screened lanai extends the living space outdoors and continues the wood-look tile flooring for a cohesive finish. From here, settle in for quiet mornings or relaxed evenings overlooking the pond. The large backyard offers additional room to enjoy the setting, whether gardening, gathering, or simply taking in the open water views. Important improvements have already been completed, including whole-house repiping, a roof that is three years old, and a heating and cooling system that is two years old. Low HOA Fees

Supplements: add to the home's straightforward appeal—because fewer monthly expenses are always a welcome housewarming gift. With the beach nearby, weekends can easily include sand and surf. Restaurants, shopping, major roadways, and Mayo Clinic are also within close proximity, placing work, errands, dining, and recreation comfortably within reach. Whether ... (Read more)

Listing Details MLS# 2171047

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1129
Living Area Source: Public Records
Year Built: 1987
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 96.14
Association Fee Frequency: Monthly
Association Name: The Islands At Ponte Vedra
Association Phone: 904-278-2338
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: East on JTB to south on A1A, at second light go West on Ponte Vedra Lakes Blvd, through 1st stop sign, LEFT on Marsh Cove, LEFT on Martinique Circle. Home is on the LEFT.
Public Remarks: Fresh from a thoughtful renovation, this two-bedroom, two-bathroom home pairs easy-care updates with expansive pond views and a Ponte Vedra Beach location close to everyday essentials. Wood-look tile flooring now runs throughout the interior, complemented by fresh paint, new interior doors, new skylights, and new appliances. An indoor laundry room keeps household tasks conveniently contained, while the one-car garage and large driveway provide practical parking options. The screened lanai extends the living space outdoors and continues the wood-look tile flooring for a cohesive finish. From here, settle in for quiet mornings or relaxed evenings overlooking the pond. The large backyard offers additional room to enjoy the setting, whether gardening, gathering, or simply taking in the open water views. Important improvements have already been completed, including whole-house repiping, a roof that is three years old, and a heating and cooling system that is two years old. Low HOA Fees
List Price/SqFt: 389.73

Property Features

Architectural Style: Ranch; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Open Floorplan; Pantry; Primary Downstairs; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Electric; Heat Pump Water Source: Public Sewer: Public Sewer Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Lagoon Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Tennis Court(s) Association Fee Includes: Maintenance Grounds Community Features: Curbs; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan