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 SOUTHERN BRIDGE Boulevard 2, St. Johns, FL 32259 (MLS# 967594)

140 SOUTHERN BRIDGE Boulevard 2, St. Johns, FL 32259

$165,482

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,460 Status: Closed

Current Price: $165,482 List Date: 11/18/2018 Last Modified: 1/12/2026

Overview

Description

Drive into your gated town home community tucked away in Julington Creek. This beautiful 3bedroom 2.5 bathroom spanning over 1400 square feet with an attached garage.Enjoy the privacy of your backyard. Located in an A+ school district, and its priced under 200,000. This beautiful town home is waiting for you!

Listing Details MLS# 967594

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1460
Living Area Source: Public Records
Year Built: 2002
Association YN: Yes
Association Fee: 260
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 498
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From SR13 South turn left on Racetrack Rd, right on Flora Branch, left into Southbridge. The unit is on the main road of southernbridge
Public Remarks: Drive into your gated town home community tucked away in Julington Creek. This beautiful 3bedroom 2.5 bathroom spanning over 1400 square feet with an attached garage.Enjoy the privacy of your backyard. Located in an A+ school district, and its priced under 200,000. This beautiful town home is waiting for you!
List Price/SqFt: 113.34
Sold Price/SqFt: 113.34

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Electric Water Heater; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Stucco Patio And Porch Features: Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2018-11-17

Location Tax and Legal

Street Number: 140
Street Name: SOUTHERN BRIDGE
Street Suffix: Boulevard
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Southbridge

Status Change Information

Major Change Timestamp: 2023-11-14T08:52:49Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-01-07T22:13:45Z
Purchase Contract Date: 2019-02-12
Close Date: 2019-02-20
Close Price: 165482

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y, Soccer Field(s): Y, Townhouse: Y

More Information

Listing Office: HOME SWEET HOME REALTY OF NORTHEAST FLORIDA INC

Last Updated: January - 12 - 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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