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.

125 DEER LAKE Drive, Ponte Vedra Beach, FL 32082 (MLS# 2119712)

125 DEER LAKE Drive, Ponte Vedra Beach, FL 32082

$855,000

Primary bedroom looks out on to the preserve.

Large glassed in shower, marble vanities and accents.

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,885 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $855,000 List Date: 11/29/2025 Last Modified: 9/02/2026

Overview

Description

Nestled in the gated community of Marsh Landing, this single-story, four-bedroom, two-and-a-half-bath home features a meticulously renovated, split floor plan. The interior blends luxury with natural beauty, offering new doors and recessed lighting for a bright atmosphere. The modern kitchen, expanded for spaciousness, boasts quartz countertops, luxury cabinetry, and a large island for dining and storage. The primary bath offers a spa-like retreat with marble tiles and a large glass-enclosed shower. Outdoors, enjoy a landscaped backyard bordering a nature preserve, with mature trees, deer, and birdsong. Relax on the extended patio or around the fire pit. Additional highlights include a newly paved driveway, fully fenced yard, and Shark-coated garage floor. A picturesque pond enhances the serene setting. The home features a rare three-car garage, perfect for life near Marsh Landing Country Club (membership available), offering golf, swimming, tennis, and more

Listing Details MLS# 2119712

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1885
Living Area Source: Assessor
Building Area Total: 1885
Year Built: 1994
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 990
Association Fee Frequency: Quarterly
Association Fee 2: 257
Association Fee 2 Frequency: Quarterly
Association Name: Marsh Landing Management
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: Directions to Marsh Landing Country Club's North Gate: JTB, exit Right on to Marsh Landing Parkway, Right to the Marsh Landing Country Club Gate. First left on Deer Lake Dr., home is on your right.
Public Remarks: Nestled in the gated community of Marsh Landing, this single-story, four-bedroom, two-and-a-half-bath home features a meticulously renovated, split floor plan. The interior blends luxury with natural beauty, offering new doors and recessed lighting for a bright atmosphere. The modern kitchen, expanded for spaciousness, boasts quartz countertops, luxury cabinetry, and a large island for dining and storage. The primary bath offers a spa-like retreat with marble tiles and a large glass-enclosed shower. Outdoors, enjoy a landscaped backyard bordering a nature preserve, with mature trees, deer, and birdsong. Relax on the extended patio or around the fire pit. Additional highlights include a newly paved driveway, fully fenced yard, and Shark-coated garage floor. A picturesque pond enhances the serene setting. The home features a rare three-car garage, perfect for life near Marsh Landing Country Club (membership available), offering golf, swimming, tennis, and more
List Price/SqFt: 437.67
Sold Price/SqFt: 453.58

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Nook; Ceiling Fan(s); Jack and Jill Bath; Kitchen Island; Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; Sink; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Construction Materials: Frame; Stucco Exterior Features: Fire Pit Patio And Porch Features: Patio Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener; Other Lot Features: Many Trees; Wooded View: Lake; Protected Preserve; Trees/Woods Fencing: Back Yard; Other Current Use: Residential Association Amenities: Pickleball Association Fee Includes: Maintenance Grounds; Other Community Features: Gated; Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan