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.

1404 SHERBROOKE Court, St. Johns, FL 32259 (MLS# 1066683)

1404 SHERBROOKE Court, St. Johns, FL 32259

$495,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,802 Status: Closed

Current Price: $495,000 List Date: 8/06/2020 Last Modified: 10/16/2026

Overview

Description

FABULOUS UPDATED POOL HOME ON WELL OVER HALF ACRE, IN THE CULDESAC! If you need a big yard, beautiful pool and 5 BR, show this FIRST! BRAND NEW ROOF just installed. Other updates include: white 42'' kitchen cabs w/glass fronts, granite tops, tile BS, all newer custom lighting throughout, custom closet organizers, triple crown molding, trey ceilings in master & fam rm, 12' hand troweled ceilings, 5th BR is now the office, woven wood blinds and custom venetian shades; this home could be right out of Coastal Living! Dark hardwood floors compliment the light gray walls and slipcover furnishings. Updated master bath has gorgeous designer tiles. Huge owners suite with sitting area. 3 car garage and salt water pool w/fountain; this lovely home has it ALL! Irrigation well saves $

Listing Details MLS# 1066683

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2802
Living Area Source: Appraiser
Year Built: 1999
Lot Size Dimensions: .63 acres cul-de-sac
Association YN: Yes
Association Fee: 275
Association Fee Frequency: Semi-Annually
CDD Fee YN: Yes
CDD Fee Amount: 806
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: No
Directions: From SR13 turn right into River Oaks Plantation on Edgewater. At stop sign turn right on River Birch, next right on Cunningham Creek then right on Sherbrooke Ct. to cul-de-sac.
Public Remarks: FABULOUS UPDATED POOL HOME ON WELL OVER HALF ACRE, IN THE CULDESAC! If you need a big yard, beautiful pool and 5 BR, show this FIRST! BRAND NEW ROOF just installed. Other updates include: white 42'' kitchen cabs w/glass fronts, granite tops, tile BS, all newer custom lighting throughout, custom closet organizers, triple crown molding, trey ceilings in master & fam rm, 12' hand troweled ceilings, 5th BR is now the office, woven wood blinds and custom venetian shades; this home could be right out of Coastal Living! Dark hardwood floors compliment the light gray walls and slipcover furnishings. Updated master bath has gorgeous designer tiles. Huge owners suite with sitting area. 3 car garage and salt water pool w/fountain; this lovely home has it ALL! Irrigation well saves $
List Price/SqFt: 174.84
Sold Price/SqFt: 176.66

Property Features

Approx Parcel Size: .51 to 1 Acre Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; In-Law Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Patio Pool Features: In Ground; Other Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-08-05

Location Tax and Legal

Street Number: 1404
Street Name: SHERBROOKE
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: River Oaks Plantation

Status Change Information

Major Change Timestamp: 2023-11-14T10:35:53Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-08-09T20:59:11Z
Purchase Contract Date: 2020-09-16
Close Date: 2020-09-28
Close Price: 495000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Football Field(s): Y, Interior Amenities-Window Treatment(s): Y, Interior aMENITIES-Prewired Audio: Y, Interior Amenities-Palladian Window(s): Y, Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Courtyard Entry Garage: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Energy Features-Exhaust Fans: Y, Soccer Field(s): Y, Baseball Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Picture Window(s): Y, Interior Amenities-French Door(s): Y, Fireplace-Family Room: Y, Fireplace Mantle: Y

Room Information

Room Name
Living Room
Office
Bonus Room
Utility Room

Listing Office: RE/MAX SPECIALISTS

Last Updated: October - 16 - 2026

Information deemed reliable but not guaranteed.