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.

1316 HIDEAWAY Drive S, St. Johns, FL 32259 (MLS# 2034552)

1316 HIDEAWAY Drive S, St. Johns, FL 32259

$540,000

Heated and Cooled Sunroom with Lounge Swing

Extended Driveway with Side Entry 3 car garage

Great Room Open to Breakfast Room And Kitchen

Youth Bedroom 1 with Jack n Jill bathroom

Youth Bedroom 2 with Jack n Jill Bathroom

Pool Bath adjacent to Guest Bedroom Area

Guest Bedroom 3 with Built in Pull Down Bed/Murphy Bed

Large Inside Laundry Room with Utility Sink and Cabinets

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,232 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $540,000 List Date: 9/03/2024 Last Modified: 4/17/2026

Overview

Description

Reduced OWNER SAYS SELL.....plus $5000 CREDIT at closing toward rate buydown/closing costs/prepaids. Tucked away amongst the beautiful Oaks is this Executive Brick Home. Sought after CUNNINGHAM HIDEAWAY convenient to everything yet situated off the main path in St.John FL. Enjoy .41 acres with fully fenced backyard & plenty of room for a future pool. Enjoy lazy days in the Sunroom on the custom swing lounger or Cuddle up by the Fireplace on chilly nights in the Great Room enjoying your view of the Beautiful Backyard. A Private Owners ensuite features separate shower, walk in closet with built ins & private water closet. The layout is perfect with a flex dining/sitting room a private office, plus a total of 4 bedrooms (split plan) and an Open Gourmet Kitchen. The expanded driveway leads to a side entry 3 car garage. You won't find better with NO CDD and a minimal HOA fee of only $275 annually. Award winning St. Johns County Schools and close to everything.Feature Sheet in Docs Tab

Listing Details MLS# 2034552

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2232
Living Area Source: Estimated
Year Built: 2001
Homestead YN: Yes
Lot Size Acres: 0.41
Association YN: Yes
Association Fee: 275
Association Fee Frequency: Annually
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
Stories: Yes
Senior Community YN: No
Directions: From I295 take FL13S (San Jose Blvd) for 6.3 miles, turn left onto Fruit Cove Woods Drive, 0.8 miles to right onto Hawkcrest Drive E, turn left onto Tranquil Drive, turn Right onto Hideaway Drive S.
Public Remarks: Reduced OWNER SAYS SELL.....plus $5000 CREDIT at closing toward rate buydown/closing costs/prepaids. Tucked away amongst the beautiful Oaks is this Executive Brick Home. Sought after CUNNINGHAM HIDEAWAY convenient to everything yet situated off the main path in St.John FL. Enjoy .41 acres with fully fenced backyard & plenty of room for a future pool. Enjoy lazy days in the Sunroom on the custom swing lounger or Cuddle up by the Fireplace on chilly nights in the Great Room enjoying your view of the Beautiful Backyard. A Private Owners ensuite features separate shower, walk in closet with built ins & private water closet. The layout is perfect with a flex dining/sitting room a private office, plus a total of 4 bedrooms (split plan) and an Open Gourmet Kitchen. The expanded driveway leads to a side entry 3 car garage. You won't find better with NO CDD and a minimal HOA fee of only $275 annually. Award winning St. Johns County Schools and close to everything.Feature Sheet in Docs Tab
List Price/SqFt: 246.42
Sold Price/SqFt: 241.94

Property Features

Architectural Style: Ranch; Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Fireplace Features: Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Jack and Jill Bath; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Patio And Porch Features: Patio; Rear Porch Pool Features: None Roof: Shingle Parking Features: Garage Fencing: Back Yard Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing