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.

1331 SHEFFIELD Road, St. Johns, FL 32259 (MLS# 2094886)

1331 SHEFFIELD Road, St. Johns, FL 32259

$500,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,346 Lot Size (sq. ft.): 78,408 Status: Closed

Current Price: $500,000 List Date: 6/23/2025 Last Modified: 12/28/2025

Overview

Description

Discover your own private retreat in the heart of St. Johns County with this beautifully updated 3-bedroom, 2-bathroom home situated on an expansive 1.78-acre lot. Tucked away on a peaceful property with a pond, this home offers the perfect blend of space, functionality, and charm, with no HOA to limit your freedom. Outside, you'll find an oversized detached 2-car garage, plenty of room for RV and boat parking, and a gravity-fed artesian well system—a rare and valuable feature. The land is open, usable, and surrounded by nature, offering endless potential for outdoor living, gardening, or adding additional structures. Inside, the home is move-in ready with no carpet anywhere, new lighting throughout, upgraded bathrooms, and stainless steel appliances in the kitchen. The spacious layout includes his-and-her walk-in closets in the primary suite and a massive walk-up attic with incredible storage or future bonus room potential.

Supplements: Whether you're looking for peaceful country living just minutes from top-rated St. Johns County schools and local amenities, or a unique property with room to grow, this one-of-a-kind lot offers the best of both worlds. Don't miss your chance to own land and freedom in one of Northeast Florida's most desirable areas.

Listing Details MLS# 2094886

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1346
Living Area Source: Public Records
Year Built: 1984
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 1.8
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From I-295 take exit 5 to merge onto FL-13/San Jose Blvd., merge onto FL-S/San Jose Blvd, stay on FL-S/San Jose Blvd then turn left onto Sheffield Road, turn right onto Orange Cove Road, turn left onto Sheffield Road
Public Remarks: Discover your own private retreat in the heart of St. Johns County with this beautifully updated 3-bedroom, 2-bathroom home situated on an expansive 1.78-acre lot. Tucked away on a peaceful property with a pond, this home offers the perfect blend of space, functionality, and charm, with no HOA to limit your freedom. Outside, you'll find an oversized detached 2-car garage, plenty of room for RV and boat parking, and a gravity-fed artesian well system—a rare and valuable feature. The land is open, usable, and surrounded by nature, offering endless potential for outdoor living, gardening, or adding additional structures. Inside, the home is move-in ready with no carpet anywhere, new lighting throughout, upgraded bathrooms, and stainless steel appliances in the kitchen. The spacious layout includes his-and-her walk-in closets in the primary suite and a massive walk-up attic with incredible storage or future bonus room potential.
List Price/SqFt: 371.47
Sold Price/SqFt: 371.47

Property Features

Appliances: Dishwasher; Electric Cooktop; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Open Floorplan; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Vinyl Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Well Sewer: Private Sewer; Septic Tank Other Structures: Workshop Patio And Porch Features: Covered; Front Porch; Rear Porch Roof: Shingle Parking Features: Additional Parking; Covered; Detached; Garage; RV Access/Parking View: Pond; Trees/Woods Current Use: Residential Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection