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.

140 GRANT LOGAN Drive, St. Johns, FL 32259 (MLS# 2116992)

140 GRANT LOGAN Drive, St. Johns, FL 32259

$620,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,252 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $620,000 List Date: 11/07/2025 Last Modified: 1/16/2026

Overview

Description

** PRICE IMPROVEMENT ** Don't miss the opportunity to own this well-maintained home in the highly sought-after Oakridge Landing community in St. Johns County! Featuring 5 bedrooms (two primary suites), 4.5 baths, a spacious loft, and a 3-car garage, this home offers both comfort and convenience. Step inside and discover the light-filled layout-with fresh interior paint throughout the entire home, as well as all new flooring upstairs, making this a turnkey opportunity. The gourmet kitchen adjacent to the light filled living and formal dining spaces boasts granite countertops, 42'' cabinets, and stainless steel appliances. Upstairs, you'll find new flooring, refinished stairs, and a flexible loft space perfect for a home office, playroom, or media area, as well as the bedrooms arranged in a convenient split layout.

Supplements: With two primary suites, one upstairs, and one downstairs, this home is ideal for multi-generational living or hosting guests in comfort. Residents enjoy access to the community pool and benefit from no CDD fees. Ideally located just a half mile to Veterans Park, under 3 miles to nearby schools, and just a short drive to shopping, dining, and ever ... (Read more)

Listing Details MLS# 2116992

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3332
Living Area Source: Appraiser
Building Area Total: 4252
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.24
Lot Size Dimensions: 60 X 120
Association YN: Yes
Association Fee: 272.19
Association Fee Frequency: Quarterly
Association Name: Vesta Property Services
Association Phone: (904) 747-0181
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: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Race Track Rd, make a right onto CR-223 S, then a left onto Sarah Elizabeth Dr, then a right onto Ann Scott Dr, then a left onto Grant Logan Dr. Home will be on the right in the bend.
Public Remarks: ** PRICE IMPROVEMENT ** Don't miss the opportunity to own this well-maintained home in the highly sought-after Oakridge Landing community in St. Johns County! Featuring 5 bedrooms (two primary suites), 4.5 baths, a spacious loft, and a 3-car garage, this home offers both comfort and convenience. Step inside and discover the light-filled layout-with fresh interior paint throughout the entire home, as well as all new flooring upstairs, making this a turnkey opportunity. The gourmet kitchen adjacent to the light filled living and formal dining spaces boasts granite countertops, 42'' cabinets, and stainless steel appliances. Upstairs, you'll find new flooring, refinished stairs, and a flexible loft space perfect for a home office, playroom, or media area, as well as the bedrooms arranged in a convenient split layout.
List Price/SqFt: 190.28
Sold Price/SqFt: 186.07

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Upper Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Security Security Features: Closed Circuit Camera(s); Security System Owned; Smoke Detector(s) Construction Materials: Brick Veneer; Stucco Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Garage; Garage Door Opener View: Lake Current Use: Residential; Single Family Association Amenities: Community Pool; Management - Off Site Community Features: Curbs; Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan