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.

144 SUGAR SAND Lane, St. Johns, FL 32259 (MLS# 876204)

144 SUGAR SAND Lane, St. Johns, FL 32259

$589,145

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,768 Status: Closed

Current Price: $589,145 List Date: 4/11/2017 Last Modified: 8/11/2026

Overview

Description

Custom Captiva w/ loft & bonus, front balcony, extended pavered lanai, master bedroom w/ bay window, bump-out & tray ceiling. Hickory flooring & wrought iron railing stairway. Cul-de-sac preserve homesite.

Listing Details MLS# 876204

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3768
Living Area Source: Appraiser
Year Built: 2017
Lot Size Dimensions: 52' x 150' x 100'
Association YN: Yes
Association Fee: 129
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: US-1 TO RACETRACK RD W; VETERANS PKWY S TO LONGLEAF PINE W; RIGHT INTO JULINGTON LAKES.
Public Remarks: Custom Captiva w/ loft & bonus, front balcony, extended pavered lanai, master bedroom w/ bay window, bump-out & tray ceiling. Hickory flooring & wrought iron railing stairway. Cul-de-sac preserve homesite.
List Price/SqFt: 156.35
Sold Price/SqFt: 156.35

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Contemporary Property Condition: Under Construction Appliances: Gas Water Heater; Tankless Water Heater Fireplace Features: Gas Interior Features: Primary Downstairs; Split Bedrooms Flooring: Wood Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: None Roof: Shingle Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Current Use: Residential; Single Family Association Amenities: Community Pool Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-04-06

Location Tax and Legal

Street Number: 144
Street Name: SUGAR SAND
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Lakes

Status Change Information

Major Change Timestamp: 2017-04-11T02:30:40Z
Major Change Type: Status Change
Purchase Contract Date: 2017-04-06
Close Date: 2017-04-07
Close Price: 589145

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Structure Builder: TOLL BROTHERS, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Build To Suit: Y, Fireplace Mantle: Y, Structure Slab: Y

Listing Office: NON MLS (realMLS)

Last Updated: August - 11 - 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.