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.

148 BALMORAL CASTLE Drive, St. Johns, FL 32259 (MLS# 2097871)

148 BALMORAL CASTLE Drive, St. Johns, FL 32259

$520,000

2-web-or-mls-148 Balmoral_001 day to dus

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,046 Lot Size (sq. ft.): 13,939 Status: Closed

Current Price: $520,000 List Date: 7/10/2025 Last Modified: 10/22/2026

Overview

Description

Welcome to 148 Balmoral Castle Drive. This hidden gem sits on a rare oversized preserve lot at the end of a quiet cul-de-sac in one of St. Johns County's top communities. Built in 2019 and freshly updated with new carpet, paint, and a new fridge, this 4 bed, 3 bath home offers 2,046 sq ft, a split floor plan, and tons of natural light. LG washer and dryer with pedestals convey as well. The open kitchen features a large center island and flows into a stylish living area with built-ins and an accent wall. Enjoy outdoor living on the screened-in patio overlooking a huge fenced backyard. Extras include a 3-car garage with mini split AC and a long driveway. Zoned for top-rated schools with Freedom Crossing Academy nearby. Plus enjoy Aberdeen's resort-style amenities—pool, waterslide, clubhouse, gym & more! Don't miss out—schedule your showing today!

Supplements: Zoned for top-rated St. Johns County schools with Freedom Crossing Academy less than a mile away. PLUS full access to Aberdeen's resort-style amenities including pool, water slide, gym, clubhouse, and playgrounds. This one checks all the boxesspace, style, and location.

Listing Details MLS# 2097871

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2046
Living Area Source: Public Records
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.32
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1779.7
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From I-95 take exit 329 to CR210. Head W on CR210. Turn R onto Russell Sampson. At the traffic circle take 3rd exit. Contiune 2 miles to Longleaf Pine Pkwy. After the intersection Continue 3.7 Miles and turn Left on Shetland Dr. Continue down Shetland and Turn Left on Balmoral Castle Dr. House will be on your right.
Public Remarks: Welcome to 148 Balmoral Castle Drive. This hidden gem sits on a rare oversized preserve lot at the end of a quiet cul-de-sac in one of St. Johns County's top communities. Built in 2019 and freshly updated with new carpet, paint, and a new fridge, this 4 bed, 3 bath home offers 2,046 sq ft, a split floor plan, and tons of natural light. LG washer and dryer with pedestals convey as well. The open kitchen features a large center island and flows into a stylish living area with built-ins and an accent wall. Enjoy outdoor living on the screened-in patio overlooking a huge fenced backyard. Extras include a 3-car garage with mini split AC and a long driveway. Zoned for top-rated schools with Freedom Crossing Academy nearby. Plus enjoy Aberdeen's resort-style amenities—pool, waterslide, clubhouse, gym & more! Don't miss out—schedule your showing today!
List Price/SqFt: 259.04
Sold Price/SqFt: 254.15

Property Features

Levels: One Property Condition: Updated/Remodeled Appliances: Dryer; Gas Cooktop; Refrigerator; Washer Fireplace Features: Electric Interior Features: Built-in Features; Ceiling Fan(s); Open Floorplan; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit; Lower Level Utilities: Cable Available; Electricity Available; Natural Gas Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Patio And Porch Features: Patio; Screened Roof: Shingle Parking Features: Garage; On Street Lot Features: Corner Lot; Cul-De-Sac View: Protected Preserve; Trees/Woods Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan