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 W VILLAGE Drive, St. Augustine, FL 32095 (MLS# 2056560)

144 W VILLAGE Drive, St. Augustine, FL 32095

$545,000

Virtual Tour

https://www.zillow.com/view-imx/12bbd96a-bf38-4943-a601-9f39973e1bb5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,863 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $545,000 List Date: 11/14/2024 Last Modified: 1/15/2025

Overview

Description

Nestled in the highly sought-after Palencia community, this Toll Brothers home offers over 2,000 sqft of exquisitely crafted living space. Built with both comfort and elegance in mind, it features a new 2023 roof and a 2022 air conditioner for peace of mind and energy efficiency. Plantation shutters throughout provide privacy and style, enhancing the home's sophisticated feel. A welcoming front porch and meticulously landscaped, fenced-in backyard create inviting outdoor spaces ideal for relaxation or gatherings. Inside, you'll find the elegance of 10-foot ceilings, 8-foot doors, and crown molding. Beautiful hardwood floors flow through the spacious living areas, adding warmth and character. Located in the top-rated St. Johns County School District, with Palencia Elementary within the community, this home is a great choice for families. You'll enjoy amenities like an Arthur Hills-designed golf course, fitness center, tennis courts, multiple pools, and 8 miles of scenic trails.

Supplements: With easy access to U.S. 1, Downtown Historic St. Augustine, and Jacksonville, this home offers a luxurious, convenient lifestyle in an exceptional community. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside ... (Read more)

Listing Details MLS# 2056560

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2018
Living Area Source: Public Records
Building Area Total: 2863
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.15
Lot Size Dimensions: 130x50
Association YN: Yes
Association Fee: 125
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 3408.66
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Direction Faces: West
Directions: From US1 turn onto Palencia Village Dr, continue straight, at the traffic circle take the 3rd exit onto N Loop Parkway, turn left onto W Village Dr, home will be on the right.
Public Remarks: Nestled in the highly sought-after Palencia community, this Toll Brothers home offers over 2,000 sqft of exquisitely crafted living space. Built with both comfort and elegance in mind, it features a new 2023 roof and a 2022 air conditioner for peace of mind and energy efficiency. Plantation shutters throughout provide privacy and style, enhancing the home's sophisticated feel. A welcoming front porch and meticulously landscaped, fenced-in backyard create inviting outdoor spaces ideal for relaxation or gatherings. Inside, you'll find the elegance of 10-foot ceilings, 8-foot doors, and crown molding. Beautiful hardwood floors flow through the spacious living areas, adding warmth and character. Located in the top-rated St. Johns County School District, with Palencia Elementary within the community, this home is a great choice for families. You'll enjoy amenities like an Arthur Hills-designed golf course, fitness center, tennis courts, multiple pools, and 8 miles of scenic trails.
List Price/SqFt: 270.07
Sold Price/SqFt: 270.07

Property Features

Architectural Style: Craftsman Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer Fireplace Features: Gas Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio Spa Features: Community Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Full; Privacy; Vinyl Current Use: Residential Association Amenities: Fitness Center; Golf Course; Jogging Path; Park; Pickleball; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-11-14

Location Tax and Legal

Street Number: 144
Street Direction Prefix: W
Street Name: VILLAGE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2025-01-15T17:50:35Z
Major Change Type: Status Change
Purchase Contract Date: 2024-12-08
Close Date: 2025-01-14
Close Price: 545000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: DJ & LINDSEY REAL ESTATE

Last Updated: January - 15 - 2025

Information deemed reliable but not guaranteed.