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 DRAGONFLY Drive, St. Johns, FL 32259 (MLS# 2040749)

148 DRAGONFLY Drive, St. Johns, FL 32259

$425,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,840 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $425,000 List Date: 8/19/2024 Last Modified: 1/18/2026

Overview

Description

tStunning 4/2 home in prestigious Julington Creek Plantation in Sutton Hollow subdivision. Great quiet street and home located at the end on the cul-de-sac. Home has nice vaulted ceilings with stainless appliances and new stove and dishwasher in kichen. Open plan and nice dark hardwood flooring throughout with NO carpet. Completely freshly painted throughout with brand new quartz counter tops installed in kitchen and large open floor plan. Great natural light from large, oversized windows in living room overlooking spacious yard with fencing on both sides and natural preserve behind home. Split floorplan with nice sized bedroom and master suite has upgraded vanity and large glassed in remodeled shower. Plenty of room in this move in ready home with beautiful amenities center and low yearly HOA fees. Roof only several months old and HVAC 2016 and like new water heater. Short walk to Durbin Creek Elementary School. SELLER TO PAY ONE YEAR OF CDD FEES FOR BUYER AT CLOSING.

Listing Details MLS# 2040749

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1840
Living Area Source: Public Records
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.26
Association YN: Yes
Association Fee: 440
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1059.21
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
Directions: South of Race Track Rd, just west of Durbin Creek Elementary on the left. Turn onto Dragonfly Dr go down to the end of culd a sac on left. Sutton Hollow subdivision
Public Remarks: tStunning 4/2 home in prestigious Julington Creek Plantation in Sutton Hollow subdivision. Great quiet street and home located at the end on the cul-de-sac. Home has nice vaulted ceilings with stainless appliances and new stove and dishwasher in kichen. Open plan and nice dark hardwood flooring throughout with NO carpet. Completely freshly painted throughout with brand new quartz counter tops installed in kitchen and large open floor plan. Great natural light from large, oversized windows in living room overlooking spacious yard with fencing on both sides and natural preserve behind home. Split floorplan with nice sized bedroom and master suite has upgraded vanity and large glassed in remodeled shower. Plenty of room in this move in ready home with beautiful amenities center and low yearly HOA fees. Roof only several months old and HVAC 2016 and like new water heater. Short walk to Durbin Creek Elementary School. SELLER TO PAY ONE YEAR OF CDD FEES FOR BUYER AT CLOSING.
List Price/SqFt: 233.64
Sold Price/SqFt: 230.98

Property Features

Architectural Style: Contemporary Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Laminate; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air Heating: Electric Water Source: Public Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Patio Roof: Shingle Parking Features: Garage; Off Street Lot Features: Cleared; Dead End Street View: Protected Preserve; Trees/Woods Fencing: Wood Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Community Pool Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing