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.

149 FRESHWATER Drive, St. Johns, FL 32259 (MLS# 1203731)

149 FRESHWATER Drive, St. Johns, FL 32259

$877,500

Virtual Tour

https://www.zillow.com/view-3d-home/68b0961b-81e7-4706-8481-91db8f6ec528?setAttribution=mls&wl=true&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,693 Status: Closed

Current Price: $877,500 List Date: 12/08/2022 Last Modified: 5/19/2026

Overview

Description

Pride of ownership will not go unnoticed. Spacious Captiva floor plan offers 4 bedrooms, 3.5 baths, office, large loft, and an over-sized two car garage. The two-story foyer sets the tone for this impressive home. Hardwood floors, with matching stairs and railings, distinct wainscotting and double doors are just the beginning. As you enter, the home opens to a massive family room, dining room and kitchen with a large center island, stainless steel appliances, and gas cooktop. Organization is easy with the large walk-in pantry, separate laundry room and a drop zone. Three of the four massive glass sliders open and slides behind one panel, extending your living space to the screened lanai where you can relax and enjoy the large, level backyard. Plenty of room for a pool, outdoor

Supplements: entertainment, kid's play area and views of nature preserve. The owner's suite is tucked at one end of the house. It also offers his and hers walk-in closets, spacious walk-in shower, tub, water closet and double sink vanity. Bedrooms 2 and three are adjoined by a Jack n' Jill bath with separate vanities and pocket doors for privacy. The second st ... (Read more)

Listing Details MLS# 1203731

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3693
Living Area Source: Public Records
Year Built: 2017
Lot Size Dimensions: .22 Acres
Association YN: Yes
Association Fee: 129
Association Fee Frequency: Monthly
Association Name: 1st Service Resident
Association Phone: 904-733-3334
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2.5
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: 9B exit St. Johns Pkwy N. Left on Longleaf Pkwy. Right on Julington Lakes Dr., left on Freshwater Dr. to home on left.
Public Remarks: Pride of ownership will not go unnoticed. Spacious Captiva floor plan offers 4 bedrooms, 3.5 baths, office, large loft, and an over-sized two car garage. The two-story foyer sets the tone for this impressive home. Hardwood floors, with matching stairs and railings, distinct wainscotting and double doors are just the beginning. As you enter, the home opens to a massive family room, dining room and kitchen with a large center island, stainless steel appliances, and gas cooktop. Organization is easy with the large walk-in pantry, separate laundry room and a drop zone. Three of the four massive glass sliders open and slides behind one panel, extending your living space to the screened lanai where you can relax and enjoy the large, level backyard. Plenty of room for a pool, outdoor
List Price/SqFt: 239.64
Sold Price/SqFt: 237.61

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Gas Range; Microwave; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Natural Gas Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle View: Protected Preserve Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Community Pool; Jogging Path; Playground; Tennis Court(s) Possession: Negotiable Listing Terms: Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-12-08

Location Tax and Legal

Street Number: 149
Street Name: FRESHWATER
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Lakes

Status Change Information

Major Change Timestamp: 2023-11-17T17:18:38Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-07T00:35:54Z
Purchase Contract Date: 2023-04-04
Close Date: 2023-04-05
Close Price: 877500

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Office

Documents

HOA Disclosure ›

Listing Office: RE/MAX SPECIALISTS

Last Updated: May - 19 - 2026

Information deemed reliable but not guaranteed.