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.

1540 LEMONWOOD Road, St. Johns, FL 32259 (MLS# 2120339)

1540 LEMONWOOD Road, St. Johns, FL 32259

$345,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,453 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $345,000 List Date: 12/04/2025 Last Modified: 6/24/2026

Overview

Description

Welcome home to this charming and well-kept 3 bedroom, 2 bathroom home on an oversized lot in the heart of St. Johns. From the moment you arrive, you'll appreciate the inviting curb appeal, large front yard, and uniquely elevated clerestory windows that flood the home with natural light. Step inside to a bright, open living space featuring soaring ceilings and a stunning floor-to-ceiling stone fireplace — the cozy statement piece of the home. The kitchen offers stainless steel appliances, painted cabinetry, bar seating, and a functional layout that opens nicely to the main living and dining areas. Enjoy indoor-outdoor living year-round in the expansive screened-in porch overlooking a fully fenced backyard. With mature trees, plenty of green space, and a dedicated fire pit area, this yard is ready for gatherings, pets, play, or simply relaxing in your own private retreat. The spacious bedrooms offer generous storage, and the two bathrooms provide room to personalize if you

Supplements: great bones and tons of potential. The two-car garage gives you even more flexibility with extra storage and workspace. Located in a quiet, established neighborhood with no CDD fees, and just minutes from A-rated schools, shopping, dining, Veterans Parkway, and the conveniences of both St. Johns and Mandarin. This home offers the perfect blend ... (Read more)

Listing Details MLS# 2120339

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1453
Living Area Source: Public Records
Year Built: 1978
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.34
Association YN: No
CDD Fee YN: No
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
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From County Road 210, head south onto Greenbriar Road. Continue until you reach Longleaf Pine Parkway and turn left. Follow Longleaf Pine Pkwy, then turn right onto Veterans Parkway. Travel approximately one mile and turn right into The Reserve at Greenbriar via Lemonwood Road. Continue straight on Lemonwood Road; the home will be ahead on your right at 1540 Lemonwood Road.
Public Remarks: Welcome home to this charming and well-kept 3 bedroom, 2 bathroom home on an oversized lot in the heart of St. Johns. From the moment you arrive, you'll appreciate the inviting curb appeal, large front yard, and uniquely elevated clerestory windows that flood the home with natural light. Step inside to a bright, open living space featuring soaring ceilings and a stunning floor-to-ceiling stone fireplace — the cozy statement piece of the home. The kitchen offers stainless steel appliances, painted cabinetry, bar seating, and a functional layout that opens nicely to the main living and dining areas. Enjoy indoor-outdoor living year-round in the expansive screened-in porch overlooking a fully fenced backyard. With mature trees, plenty of green space, and a dedicated fire pit area, this yard is ready for gatherings, pets, play, or simply relaxing in your own private retreat. The spacious bedrooms offer generous storage, and the two bathrooms provide room to personalize if you
List Price/SqFt: 247.76
Sold Price/SqFt: 237.44

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Tub with Shower; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Private; Well Sewer: Septic Tank Construction Materials: Frame; Wood Siding Exterior Features: Fire Pit Patio And Porch Features: Covered; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Off Street Fencing: Back Yard; Full; Wood Current Use: Residential; Single Family Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection