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.

132 BALMORAL CASTLE Drive, St. Johns, FL 32259 (MLS# 1060138)

132 BALMORAL CASTLE Drive, St. Johns, FL 32259

$286,000

Virtual Tour

https://www.nodalview.com/MBeetdYosD9WQnjfcK98yb4u?viewer=mls

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,604 Status: Closed

Current Price: $286,000 List Date: 6/25/2020 Last Modified: 3/12/2026

Overview

Description

Having decided to downsize from the home she had built 10 years ago, Carol and I started looking at resale homes that might meet her needs. I have to say, she was one of my pickiest buyers yet. She knew what she wanted and It was imperative that her new home be immaculate so we quickly decided that new construction was the only solution, even if it meant a 10-month build time. We compared floor plans from different builders and found DR Horton's ''Avon'' plan to be perfect. She loved the openness and size of the rooms, the welcoming front porch, and the many upgrades included. The location close to a cul-de-sac and backing to a preserve, and the price--by far the best value out there sold her! It was a long wait but well worth it because she had the home of her dreams!

Supplements: At the design center, Carol selected just the weathered gray luxury vinyl flooring she wanted, an upgrade from the standard tile floors. She selected 42" graytone cabinets and beautiful white quartz counter-tops. She of course had to have 5 1/4" baseboards, crown molding, and a stainless steel apron farmhouse style sink. She added the same leaded ... (Read more)

Listing Details MLS# 1060138

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1604
Living Area Source: Plans
Year Built: 2019
Lot Size Dimensions: 53 x 120
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1949.67
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Directions: From Greenbriar Rd, travel N on Longleaf Pine to the entrance of Sutherland Forest. Turn R on Shetland, R on Balmoral Castle Dr. Home is on the right before the cul-de-sac
Public Remarks: Having decided to downsize from the home she had built 10 years ago, Carol and I started looking at resale homes that might meet her needs. I have to say, she was one of my pickiest buyers yet. She knew what she wanted and It was imperative that her new home be immaculate so we quickly decided that new construction was the only solution, even if it meant a 10-month build time. We compared floor plans from different builders and found DR Horton's ''Avon'' plan to be perfect. She loved the openness and size of the rooms, the welcoming front porch, and the many upgrades included. The location close to a cul-de-sac and backing to a preserve, and the price--by far the best value out there sold her! It was a long wait but well worth it because she had the home of her dreams!
List Price/SqFt: 180.74
Sold Price/SqFt: 178.3

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat; Other Appliances: Dishwasher; Disposal; Dryer; Gas Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Laminate; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Other Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Locks; Monitoring; Programmable Thermostat; Security Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard; Vinyl; Other Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Playground 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: 2020-06-24

Location Tax and Legal

Street Number: 132
Street Name: BALMORAL CASTLE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2020-08-12T00:24:56Z
Major Change Type: Status Change
Purchase Contract Date: 2020-06-28
Close Date: 2020-08-10
Close Price: 286000

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Home Service-Warranty: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Football Field(s): Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Energy Features-Exhaust Fans: Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Structure Slab: Y

More Information

Room Information

Room Name
Great Room
Utility Room

Documents

Survey ›

Plat Plan ›

Avon Floor Plan ›

Covenants and Restrictions ›

Special Features of this Home ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: March - 12 - 2026

Information deemed reliable but not guaranteed.