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.

147 SERVIA Drive, St. Johns, FL 32259 (MLS# 893524)

147 SERVIA Drive, St. Johns, FL 32259

$239,990

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,795 Status: Closed

Current Price: $239,990 List Date: 7/26/2017 Last Modified: 8/12/2026

Overview

Description

D.R. Horton, America’s Number 1 Builder is now offering Low- Maintenance living with resort style amenities in northern St. Johns county! Boasting top-rated schools and easy access to 1-95 including Jacksonville’s Downtown, Historic St. Augustine and popular Mandarin, The Palisades at Durbin Crossing is a great place to call home. Newly designed open floorplan Townhomes with 1 and 2 car garages start in the high $100’s and have access to Durbin Crossing’s 2 amenity centers offering daily activities, pools, tennis courts, basketball and volleyball courts, kids’ play area, large skateboard park, dog walking park and sports park.

Listing Details MLS# 893524

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1795
Living Area Source: Plans
Year Built: 2017
Association YN: Yes
Association Fee: 760
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1046
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Race Track Rd take St. Johns Pkwy south approximately .5 miles to community on the right at Servia Drive.
Public Remarks: D.R. Horton, America’s Number 1 Builder is now offering Low- Maintenance living with resort style amenities in northern St. Johns county! Boasting top-rated schools and easy access to 1-95 including Jacksonville’s Downtown, Historic St. Augustine and popular Mandarin, The Palisades at Durbin Crossing is a great place to call home. Newly designed open floorplan Townhomes with 1 and 2 car garages start in the high $100’s and have access to Durbin Crossing’s 2 amenity centers offering daily activities, pools, tennis courts, basketball and volleyball courts, kids’ play area, large skateboard park, dog walking park and sports park.
List Price/SqFt: 133.7
Sold Price/SqFt: 133.7

Property Features

Approx Parcel Size: Less than .25 Acre Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage Current Use: Residential Association Amenities: Clubhouse; Community Pool; Playground; Tennis Court(s) Possession: Negotiable

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2017-07-26

Location Tax and Legal

Street Number: 147
Street Name: SERVIA
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Palisades At Durbin Crossing

Status Change Information

Major Change Timestamp: 2023-11-14T07:43:07Z
Major Change Type: Price Change
Price Change Timestamp: 2017-07-28T15:03:39Z
Purchase Contract Date: 2017-08-20
Close Date: 2017-12-28
Close Price: 239990

Historical Information

Public Historical Remarks 2: Townhouse: Y

More Information

Listing Office: D R HORTON REALTY INC

Last Updated: August - 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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