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.

1335 LEMONWOOD Road, St. Johns, FL 32259 (MLS# 2131736)

1335 LEMONWOOD Road, St. Johns, FL 32259

$2,400

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,242 Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $2,400 List Date: 2/24/2026 Last Modified: 3/05/2026

Overview

Description

Fruit Cove new two story 3/2.5 designer home, built 2022. No carpet. Coved back porch with low maintenance yard. Kitchen quartz tops, bar style with open living /dining room, master upstairs, unbelievably huge walk-in master closet, tiled master bath with quartz tops, tiled guest bath w/quartz. Washer / dryer. Pay electric only. Fenced back yard. Two car garage. By Appointment Only.

Listing Details MLS# 2131736

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1595
Living Area Source: Plans
Building Area Total: 2242
Year Built: 2022
Lot Size Acres: 0.33
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Senior Community YN: No
Directions: Directly off State Road 13 near Race Track Road
Public Remarks: Fruit Cove new two story 3/2.5 designer home, built 2022. No carpet. Coved back porch with low maintenance yard. Kitchen quartz tops, bar style with open living /dining room, master upstairs, unbelievably huge walk-in master closet, tiled master bath with quartz tops, tiled guest bath w/quartz. Washer / dryer. Pay electric only. Fenced back yard. Two car garage. By Appointment Only.
List Price/SqFt: 1.5
Sold Price/SqFt: 1.5

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Freezer; Microwave; Refrigerator; Washer Water Source: Well Parking Features: Garage Sewer: Septic Tank Fencing: Back Yard; Fenced; Full; Wood Utilities: Cable Available; Electricity Available; Electricity Connected; Water Available; Water Connected Cooling: Central Air; Electric Heating: Central; Electric; Hot Water Pets Allowed: Call Room Types: Living Room

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-02-24
Lease Term: 12 Months
Availability Date: 2026-02-24

Location Tax and Legal

Street Number: 1335
Street Name: LEMONWOOD
Street Suffix: Road
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mandarin Meadows

Status Change Information

Major Change Timestamp: 2026-03-05T15:31:44Z
Major Change Type: Status Change
Purchase Contract Date: 2026-03-05
Close Date: 2026-03-05
Close Price: 2400

Deposits and Fees

Application Fee: 50
Pet Fee/Deposit: 300
Security Deposit: 2400

More Information

Room Types

Living Room Level: First

Room Information

Room Name	Level
Living Room	First

Listing Office: LINWARD REALTY, LLC

Last Updated: March - 05 - 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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