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.

160 GOURD ISLAND Way, St. Johns, FL 32259 (MLS# 1237329)

160 GOURD ISLAND Way, St. Johns, FL 32259

$435,990

KBJAX_Brookside_Preserve_Monument_Sign_2

KBJAX_Brookkside_Preserve_1573_1200x (1)

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,638 Status: Closed

Current Price: $435,990 List Date: 7/14/2023 Last Modified: 1/12/2026

Overview

Description

This 1,638 sq ft. home features 3-bedrooms, 2-bath plus a den with glass French doors that make a pleasant first impression when entering the home. The stunning kitchen boasts 42-in. white shaker style kitchen cabinets, Whirlpool stainless-steel appliances and quartz countertops. The family room feels amazingly large due to the volume ceilings that raise from 8' to 10' high. The primary bedroom provides an oversized walk-in closet and adjoining owner's suite bathroom that has a garden tub for soaking in after a long day's work. The quartz bathroom countertops are a nice addition as well. This home is located within a cul-de sac for additional privacy. Other features include luxury vinyl plank throughout the common areas, natural gas, ENERGY STAR® certified lighting, Moen® faucets, Kohler®

Supplements: Kohler®

Listing Details MLS# 1237329

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1638
Living Area Source: Plans
Year Built: 2023
Association YN: Yes
Association Fee: 285
Association Fee Frequency: Quarterly
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Directions: I-95 South to CR210, west to Russell Sampson, turn right heading north to Brookside
Public Remarks: This 1,638 sq ft. home features 3-bedrooms, 2-bath plus a den with glass French doors that make a pleasant first impression when entering the home. The stunning kitchen boasts 42-in. white shaker style kitchen cabinets, Whirlpool stainless-steel appliances and quartz countertops. The family room feels amazingly large due to the volume ceilings that raise from 8' to 10' high. The primary bedroom provides an oversized walk-in closet and adjoining owner's suite bathroom that has a garden tub for soaking in after a long day's work. The quartz bathroom countertops are a nice addition as well. This home is located within a cul-de sac for additional privacy. Other features include luxury vinyl plank throughout the common areas, natural gas, ENERGY STAR® certified lighting, Moen® faucets, Kohler®
List Price/SqFt: 274.72
Sold Price/SqFt: 266.17

Property Features

Approx Parcel Size: Less than .25 Acre Property Condition: Under Construction Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater Interior Features: Kitchen Island; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Green Energy Efficient: Appliances Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential Association Amenities: Jogging Path; Playground 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: 2023-07-14

Location Tax and Legal

Street Number: 160
Street Name: GOURD ISLAND
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Brookside Preserve

Status Change Information

Major Change Timestamp: 2023-08-24T04:02:45Z
Major Change Type: Status Change
Purchase Contract Date: 2023-07-31
Close Date: 2023-08-23
Close Price: 435990

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Seller May Pay Closing: Y
Public Historical Remarks 2: Builder Warranty: Y, Interior Amenities-Sliding Glass Door(s): Y

Listing Office: ROUND TABLE REALTY

Last Updated: January - 12 - 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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