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.

129 CASTLEGATE Lane, St. Johns, FL 32259 (MLS# 2114796)

129 CASTLEGATE Lane, St. Johns, FL 32259

$2,995

Virtual Tour

https://www.zillow.com/view-imx/2fdeb023-8907-4a75-9cc0-0b1b038debd4?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Lease Bedrooms: 5 Baths: 4 Square Footage: 2,799 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $2,995 List Date: 10/24/2025 Last Modified: 1/16/2026

Overview

Description

This spacious 5-bedroom home in St. Johns offers refined living with a gourmet kitchen featuring a breakfast bar, hardwood cabinets, and stainless steel appliances. The open floor plan flows into a cozy living area with a fireplace and chandelier lighting. Enjoy a fenced yard, covered patio, and porch perfect for gatherings. Includes washer and dryer, central A/C, and a 2-car garage. Near Julington Creek Plantation Park, Durbin Pavilion, and top-rated schools. This home is HUD eligible. Lease terms available: 24 month; 36 month. Schedule a showing today to explore this home!

Listing Details MLS# 2114796

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2799
Living Area Source: Appraiser
Year Built: 2007
Lot Size Acres: 0.22
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: Get on I-95 S from U.S. Rte 1 N and FL-202 E 4 min (1.6 mi)  Continue on I-95 S to St. Johns County. Take exit 6 from FL-9B 11 min (12.1 mi)  Take Race Track Rd to Castlegate Ln
Public Remarks: This spacious 5-bedroom home in St. Johns offers refined living with a gourmet kitchen featuring a breakfast bar, hardwood cabinets, and stainless steel appliances. The open floor plan flows into a cozy living area with a fireplace and chandelier lighting. Enjoy a fenced yard, covered patio, and porch perfect for gatherings. Includes washer and dryer, central A/C, and a 2-car garage. Near Julington Creek Plantation Park, Durbin Pavilion, and top-rated schools. This home is HUD eligible. Lease terms available: 24 month; 36 month. Schedule a showing today to explore this home!
List Price/SqFt: 1.07
Sold Price/SqFt: 1.07

Property Features

Additional Lease Terms: 24 Months; Other Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer Interior Features: Eat-in Kitchen; Open Floorplan Laundry Features: In Unit Patio And Porch Features: Covered; Deck; Screened Water Source: Public Parking Features: Garage Sewer: Public Sewer Security Features: Smoke Detector(s) Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Yes; Cats OK; Dogs OK; Number Limit

Contract Information

Rental Application URL: Please reach out and agent will send over the application
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-10-24
Lease Term: Other

Location Tax and Legal

Street Number: 129
Street Name: CASTLEGATE
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2026-01-16T20:26:39Z
Major Change Type: Status Change
Purchase Contract Date: 2025-11-04
Close Date: 2025-12-19
Close Price: 2995

More Information

Listing Office: JWB REALTY LLC

Last Updated: January - 16 - 2026

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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