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.

1484 TAMA-RAN Place, St. Johns, FL 32259 (MLS# 1139123)

1484 TAMA-RAN Place, St. Johns, FL 32259

$484,000

Virtual Tour

https://youtu.be/DzebCco0e1s

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,553 Status: Closed

Current Price: $484,000 List Date: 11/14/2021 Last Modified: 7/21/2026

Overview

Description

PRICE REDUCTION AND NEW ROOF will be installed prior to closing!! Welcome home to this sprawling corner lot, custom built home with magnificent mature landscaping. As you enter, you are welcomed by a private office space and a formal dining room for your families Holiday celebrations. Adjoining the dining room is your custom kitchen which overlooks the large Family Room with wood burning fireplace. The family room offers plenty of space for your quiet evenings as well as room for those entertainment opportunities. The enclosed glass sunroom offers even more entertainment space, overlooking the incredible fenced in back yard. The owner's suite is accompanied by an updated primary bath with newly installed shower and walk in closets.

Supplements: The secondary bedrooms are located on the opposite side of the home offering everyone that much desired privacy.The backyard offers tranquil privacy and space for your kids or pets to run and play. Located in close proximity to shopping, restaurants, entertainment and the within the much-desired St. Johns "A" rated School System.

Listing Details MLS# 1139123

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2553
Living Area Source: Measured
Year Built: 2004
Lot Size Dimensions: .41 Acres
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Annually
Association Name: Fruit Cove Estates
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I295, head south on SR 13, proceed beyond Racetrack Rd and turn Rt on Otoes Pl. (Fruit Cove Estates). Home is located at the corner of Otoes Pl. and Tama-Ran Pl.
Public Remarks: PRICE REDUCTION AND NEW ROOF will be installed prior to closing!! Welcome home to this sprawling corner lot, custom built home with magnificent mature landscaping. As you enter, you are welcomed by a private office space and a formal dining room for your families Holiday celebrations. Adjoining the dining room is your custom kitchen which overlooks the large Family Room with wood burning fireplace. The family room offers plenty of space for your quiet evenings as well as room for those entertainment opportunities. The enclosed glass sunroom offers even more entertainment space, overlooking the incredible fenced in back yard. The owner's suite is accompanied by an updated primary bath with newly installed shower and walk in closets.
List Price/SqFt: 191.93
Sold Price/SqFt: 189.58

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Central Vacuum; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Well Sewer: Septic Tank Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Other Structures: Shed(s) Patio And Porch Features: Front Porch; Glass Enclosed; Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Vinyl; Other Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-10-31

Location Tax and Legal

Street Number: 1484
Street Name: TAMA-RAN
Street Suffix: Place
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Fruit Cove Estates

Status Change Information

Major Change Timestamp: 2023-11-17T06:37:12Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-11-23T19:14:48Z
Purchase Contract Date: 2022-01-07
Close Date: 2022-01-31
Close Price: 484000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Structure Builder: Reed Construction, Suburban Lot Location: Y
Public Historical Remarks 2: Landscape Lighting: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Side Entry Garage: Y, Fireplace-Family Room: Y, Fireplace Mantle: Y, Structure Slab: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name	Level	Length	Width	Remarks
Office
Utility Room
Family Room	First	19.00	15.00
Other	First	13.00	11.00	Office / Library
Primary Bedroom	First	18.00	14.00
Bedroom 1	First	12.50	11.00
Bedroom 2	First	13.00	12.00
Bedroom 3	First	13.00	11.00
Other	First	10.00	7.00	Breakfast Room
Other	First	25.00	18.00	Glassed Lanai / Patio
Dining Room	First	13.00	11.00	Separate Dining Room

Documents

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: July - 21 - 2026

Information deemed reliable but not guaranteed.