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.

1460 TAMA-RAN Place, St. Johns, FL 32259 (MLS# 2012567)

1460 TAMA-RAN Place, St. Johns, FL 32259

$500,000

Virtual Tour

https://www.zillow.com/view-imx/327fb8d1-98e7-4652-b79e-ca48d2f7ee41?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,967 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $500,000 List Date: 3/08/2024 Last Modified: 4/17/2026

Overview

Description

Location & Lifestyle! Country quiet, but close to everything. This custom home brick home features professional landscaping, newer roof & HVAC. New water heater (2022). Elegant kitchen features a breakfast bar, black slate countertops, SS appliances & travertine tile. On chilly nights, warm up by the wood burning fireplace in the spacious living room that features 12 ft ceilings adorned with dentil molding that is sure to impress. Primary bedroom features trayed ceiling, bath featuring dual vanities and ample closet space. Located on around half an acre, the huge private back yard has plenty of room for a pool, fire pit, swing set, trampoline, or anything else necessary to turn in into a theme park for the kids, or retreat for the adults. Garage carriage lights and motion detector lights recently installed. Awesome location in secluded, quiet neighborhood with A+ St Johns schools, close to shopping, restaurants and church. Low HOA, NO CDD & No water bills

Listing Details MLS# 2012567

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2238
Living Area Source: Assessor
Building Area Total: 2967
Year Built: 1993
Lot Size Acres: 0.45
Association YN: Yes
Association Fee: 498
Association Fee Frequency: Annually
Association Name: Fruit Cove Estates HOA
CDD Fee YN: No
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
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: From 295, take SR 13 South, pass over the Julington Creek bridge and go past the Publix. Turn right into Fruit Cove Estates (1st street on right past Publix). Turn left at stop sign onto Tama-Ran Place. Home is on the left.
Public Remarks: Location & Lifestyle! Country quiet, but close to everything. This custom home brick home features professional landscaping, newer roof & HVAC. New water heater (2022). Elegant kitchen features a breakfast bar, black slate countertops, SS appliances & travertine tile. On chilly nights, warm up by the wood burning fireplace in the spacious living room that features 12 ft ceilings adorned with dentil molding that is sure to impress. Primary bedroom features trayed ceiling, bath featuring dual vanities and ample closet space. Located on around half an acre, the huge private back yard has plenty of room for a pool, fire pit, swing set, trampoline, or anything else necessary to turn in into a theme park for the kids, or retreat for the adults. Garage carriage lights and motion detector lights recently installed. Awesome location in secluded, quiet neighborhood with A+ St Johns schools, close to shopping, restaurants and church. Low HOA, NO CDD & No water bills
List Price/SqFt: 230.12
Sold Price/SqFt: 223.41

Property Features

Architectural Style: Ranch; Traditional Levels: One Rental Restrictions: No Minimum Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Primary Bathroom - Tub with Shower Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Well Sewer: Septic Tank Security Features: Fire Alarm; Security Lights; Other Construction Materials: Brick; Frame Patio And Porch Features: Rear Porch; Screened Pool Features: None Roof: Shingle Parking Features: Garage; Garage Door Opener; Off Street Lot Features: Cleared; Dead End Street; Few Trees View: Trees/Woods Fencing: Back Yard; Privacy Current Use: Residential; Single Family Association Amenities: Park; Water Association Fee Includes: Other Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan