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.

155 CRANES LAKE Drive, Ponte Vedra Beach, FL 32082 (MLS# 2150819)

155 CRANES LAKE Drive, Ponte Vedra Beach, FL 32082

$276,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,123 Status: Closed

Current Price: $276,000 List Date: 6/16/2026 Last Modified: 11/03/2026

Overview

Description

Tucked away in the back of the desirable Cranes Lake community, this 2-bedroom, 2.5-bath condo offers a peaceful setting and backyard views. Inside, you'll find white shaker cabinets, brand-new carpeting, and a well-maintained feel throughout. The open living area features a fireplace and opens to a two-story screened patio, providing additional outdoor living space. Upstairs are two spacious bedrooms, each with a private ensuite bath, while the half bath downstairs adds convenience for guests. The primary suite features a private balcony, an updated tiled shower, a wall of closets, and a deep walk-in closet for plenty of storage. Major updates include the roof (2020), A/C (2023), and hot water heater (2024). Conveniently located near shopping, dining, beaches, Sawgrass Village, Mayo Clinic, and easy access to JTB. Cranes Lake amenities include a community pool, tennis, and clubhouse.

Listing Details MLS# 2150819

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1123
Living Area Source: Public Records
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 475
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: Butler Blvd towards A1A South, turn right onto Ponte Vedra Lakes Blvd, Turn Left onto Cranes Lake Dr, straight through community towards the back, Unit 155 is on right.
Public Remarks: Tucked away in the back of the desirable Cranes Lake community, this 2-bedroom, 2.5-bath condo offers a peaceful setting and backyard views. Inside, you'll find white shaker cabinets, brand-new carpeting, and a well-maintained feel throughout. The open living area features a fireplace and opens to a two-story screened patio, providing additional outdoor living space. Upstairs are two spacious bedrooms, each with a private ensuite bath, while the half bath downstairs adds convenience for guests. The primary suite features a private balcony, an updated tiled shower, a wall of closets, and a deep walk-in closet for plenty of storage. Major updates include the roof (2020), A/C (2023), and hot water heater (2024). Conveniently located near shopping, dining, beaches, Sawgrass Village, Mayo Clinic, and easy access to JTB. Cranes Lake amenities include a community pool, tennis, and clubhouse.
List Price/SqFt: 244.88
Sold Price/SqFt: 245.77

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Parking Features: Assigned; Parking Lot Current Use: Residential Association Amenities: Community Pool; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-06-16
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 155
Street Name: CRANES LAKE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 252-Ponte Vedra Beach-W Of A1A-N Of Solana Rd
Subdivision Name: Cranes Lake I Condo

Status Change Information

Major Change Timestamp: 2026-10-31T00:08:36Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-29T14:21:06Z
Purchase Contract Date: 2026-10-02
Close Date: 2026-10-30
Close Price: 276000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare