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.

165 SOUTHERN GROVE Drive, St. Johns, FL 32259 (MLS# 1124861)

165 SOUTHERN GROVE Drive, St. Johns, FL 32259

$2,250

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 1,893 Status: Closed

Current Price: $2,250 List Date: 8/09/2021 Last Modified: 1/21/2026

Overview

Description

Move in before school starts! Spacious 4 bedroom 2 bathroom home in St. Johns county with an open concept split bedroom floorplan and screened in patio. Conveniently located off of CR 210 close to Durbin Town Center, I-95 and 9B.

Listing Details MLS# 1124861

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1893
Living Area Source: Public Records
Year Built: 1997
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Directions: From I-95 take exit 329 CR 210 W. Right into Southern Grove, home will be on left NO SIGN
Public Remarks: Move in before school starts! Spacious 4 bedroom 2 bathroom home in St. Johns county with an open concept split bedroom floorplan and screened in patio. Conveniently located off of CR 210 close to Durbin Town Center, I-95 and 9B.
List Price/SqFt: 1.19
Sold Price/SqFt: 1.19

Property Features

Architectural Style: Ranch Appliances: Disposal; Electric Range; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Screened Pool Features: None Security Features: Smoke Detector(s) Waterfront Features: Pond Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Key Deposit Tenant Pays: Cable TV; Electricity; Grounds Care; Security; Sewer; Water Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-08-08
Lease Term: 12 Months
Availability Date: 2021-08-15

Location Tax and Legal

Street Number: 165
Street Name: SOUTHERN GROVE
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Southern Grove

Status Change Information

Major Change Timestamp: 2021-08-27T21:22:55Z
Major Change Type: Status Change
Purchase Contract Date: 2021-08-17
Close Date: 2021-08-27
Close Price: 2250

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Pet Fee/Deposit: 500

Historical Information

Public Historical Remarks 1: Pet Dep (Refundable): Y, Tenant Pays Basic Phone: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Wall-to-Wall Carpet: Y, Vinyl Floors: Y, Reservation Fee: 2250, LeasePrepFeeTenant: 250, Suburban Lot Location: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate,Negotiable, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Wood Siding, Min Lease/Rent Term: 12 months, Covenants/Restrictions: Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Vacant

Room Information

Room Name
Utility Room

Documents

Tenant Application ›

Listing Office: ANCHOR TODAY REALTY, LLC.

Last Updated: January - 21 - 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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