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 MAHOGANY BAY Drive, St. Johns, FL 32259 (MLS# 2022020)

149 MAHOGANY BAY Drive, St. Johns, FL 32259

$449,900

1-dimensions_149-Mahogany Bay Drive-merg

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,417 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $449,900 List Date: 7/26/2024 Last Modified: 4/17/2026

Overview

Description

Welcome to your dream home in Aberdeen! This meticulously maintained residence boasts 4 spacious bedrooms, 3 full bathrooms, and an expansive open floor plan, offering ample space for the whole family. The main living area, kitchen, and hallways feature beautiful matching tile flooring, while the bedrooms are adorned with upgraded berber carpet. Step inside to discover two guest rooms with a shared full guest bathroom, perfect for accommodating visitors or creating a cozy home office. The large primary bedroom overlooks the beautifully landscaped backyard and features a private en-suite with two separate sink vanities, a deep soaking tub, a separate stand-up shower stall, and two large closets.

Supplements: The large enclosed lanai offers high ceilings and ample space to entertain, while the private, fenced backyard provides plenty of room to add a pool or extend the patio, making it the perfect oasis for outdoor gatherings and relaxation. Don't miss the luxurious 3-car garage with epoxy floors, adding both style and functionality to your home. Aberde ... (Read more)

Listing Details MLS# 2022020

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2417
Living Area Source: Appraiser
Year Built: 2010
Lot Size Acres: 0.21
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2116
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
Stories: Yes
Senior Community YN: No
Directions: From CR 210, Head North on St. Johns Parkway (CR2209). Turn Left onto Longleaf Pine Parkway. Turn Right onto Mahogany Bay Drive House is on the left.
Public Remarks: Welcome to your dream home in Aberdeen! This meticulously maintained residence boasts 4 spacious bedrooms, 3 full bathrooms, and an expansive open floor plan, offering ample space for the whole family. The main living area, kitchen, and hallways feature beautiful matching tile flooring, while the bedrooms are adorned with upgraded berber carpet. Step inside to discover two guest rooms with a shared full guest bathroom, perfect for accommodating visitors or creating a cozy home office. The large primary bedroom overlooks the beautifully landscaped backyard and features a private en-suite with two separate sink vanities, a deep soaking tub, a separate stand-up shower stall, and two large closets.
List Price/SqFt: 188.25
Sold Price/SqFt: 186.14

Property Features

Architectural Style: Patio Home Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Entrance Foyer; His and Hers Closets; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Skylight(s); Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Patio And Porch Features: Screened Roof: Shingle Parking Features: Garage; Garage Door Opener Fencing: Back Yard Current Use: Single Family Association Amenities: Community Pool; Fitness Center; Park; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Home Sale; Inspection; Lender Approval

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-04-25

Location Tax and Legal

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

Status Change Information

Major Change Timestamp: 2024-09-02T19:29:28Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-23T13:55:59Z
Purchase Contract Date: 2024-07-30
Close Date: 2024-08-30
Close Price: 449900

DPR Eligible

DPR Eligible: No

More Information

Documents

HOA Executed Doc ›

CDD Form ›

Sellers Disclosure ›

Best Bidder procedures ›

Listing Office: LPT REALTY LLC

Last Updated: April - 17 - 2026

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.

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