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.

1345 FRUIT COVE Road N, St. Johns, FL 32259 (MLS# 2165357)

1345 FRUIT COVE Road N, St. Johns, FL 32259

$1,200,000

Home livable.. Listed at land value/appraisal

Property Type: Land Lot Size (sq. ft.): 52,272 Status: Active

Current Price: $1,200,000 List Date: 9/18/2026 Last Modified: 11/05/2026

Overview

Description

This waterfront property offers a rare opportunity to own a private stretch of canal-front land leading into Julington Creek. 1.2 acres with 156 feet of water frontage, the property is framed by mature trees and a sense of quiet that feels worlds away from the everyday. Lot size is 135' X 352'x82x155,86x356.04 Parcel is RES-A, one unit per acre on FLUM. New dock July 2026. Appraisal for land value only. This is Florida living at it's finest. You have to see in person to appreciate. For those seeking something even more expansive, the adjacent parcel is also available (MLS #2157038), offering the ability to create a combined 2.78-acre setting ideal for a private estate or multi-generational compound, an increasingly rare find in this part of St. Johns County. No HOA/CDD See MLS 2157035. Schedule appointment with Listing agent.

Listing Details MLS# 2165357

General Property Information

Lot Size Acres: 1.2
Lot Size Dimensions: 135X385
CDD Fee YN: No
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 135
Senior Community YN: No
Directions: I-295 south on SR13 /San Jose Blvd. Go over Julington Creek Bridge, west at light onto Fruit Cove Rd. Property on right.
Public Remarks: This waterfront property offers a rare opportunity to own a private stretch of canal-front land leading into Julington Creek. 1.2 acres with 156 feet of water frontage, the property is framed by mature trees and a sense of quiet that feels worlds away from the everyday. Lot size is 135' X 352'x82x155,86x356.04 Parcel is RES-A, one unit per acre on FLUM. New dock July 2026. Appraisal for land value only. This is Florida living at it's finest. You have to see in person to appreciate. For those seeking something even more expansive, the adjacent parcel is also available (MLS #2157038), offering the ability to create a combined 2.78-acre setting ideal for a private estate or multi-generational compound, an increasingly rare find in this part of St. Johns County. No HOA/CDD See MLS 2157035. Schedule appointment with Listing agent.
List Price/Acre: 1000000

Property Features

Current Use: Horses; Residential Lot Features: Many Trees; Wetlands; Wooded Fencing: Wire Sewer: Septic Tank Utilities: Cable Available Water Source: Well View: Canal; Trees/Woods; Water Water Body Access Type: Public Accessible; Shared Waterfront Features: Canal Front; Creek; River Access Road Surface Type: Concrete Road Frontage Type: City Street Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow; Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-07-23

Location Tax and Legal

Street Number: 1345
Street Name: FRUIT COVE
Street Suffix: Road
Street Direction Suffix: N
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Barden Estates

Status Change Information

Major Change Timestamp: 2026-09-18T13:09:09Z
Major Change Type: New Listing

More Information

Documents

Hold Harmless ›

Survey ›

Vacant land disclosure ›

Offer Instructions ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: November - 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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