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 SPRING LINE Drive, St. Johns, FL 32259 (MLS# 2122853)

147 SPRING LINE Drive, St. Johns, FL 32259

$716,490

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,307 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $716,490 List Date: 12/30/2025 Last Modified: 12/30/2025

Overview

Description

For Comp Use Only

Listing Details MLS# 2122853

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2307
Living Area Source: Builder
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.15
Association YN: No
CDD Fee YN: Yes
CDD Fee Amount: 2462
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-12-17
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: Take Exit 333 for FL-9B towards County Road 2209. Merge onto FL-9B, continue for approx. 2.3 miles. Use the left 2 lanes to exit onto St. Johns Parkway. Take a slight left onto St. Johns Parkway, continue for approx. 1.2 miles. Turn right onto County Road 210 West. Continue for approx. 3 miles, then continue onto Greenbriar Road. Continue on Greenbriar Road for approx. 3.5 miles
Public Remarks: For Comp Use Only
List Price/SqFt: 310.57
Sold Price/SqFt: 310.57

Property Features

Appliances: Dishwasher; Ice Maker; Microwave; Refrigerator Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Parking Features: Garage; Garage Door Opener Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-10-01

Location Tax and Legal

Street Number: 147
Street Name: SPRING LINE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Orangedale

Status Change Information

Major Change Timestamp: 2025-12-30T15:17:47Z
Major Change Type: Price Change
Price Change Timestamp: 2025-12-30T15:17:46Z
Purchase Contract Date: 2025-12-03
Close Date: 2025-12-19
Close Price: 716490

DPR Eligible

DPR Eligible: No

More Information

Listing Office: NON MLS (realMLS)

Last Updated: December - 30 - 2025

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.