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.

167 PINELLAS Way, St. Johns, FL 32259 (MLS# 2126148)

167 PINELLAS Way, St. Johns, FL 32259

$425,500

Virtual Tour

https://www.zillow.com/view-imx/6e2ba759-58fb-4b87-857c-395661da2fdc?initialViewType=pano

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,560 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $425,500 List Date: 1/21/2026 Last Modified: 4/17/2026

Overview

Description

Light, bright, and instantly welcoming, this 2023 Trail model in gated 55+ community of Watersong at Rivertown is made for easy living with a view. The great room is filled with natural light and opens through a large sliding glass door to the screened lanai, where serene pond views set the tone for morning coffee, sunset lounging, and everything in between. Warm, luxury vinyl plank flooring runs through the main living spaces and bedrooms, paired with soft gray Shaker cabinetry for a clean, cohesive look. The kitchen is the heart of the home and it shows. White quartz counters, a herringbone subway tile backsplash, and bright brass hardware give it a polished coastal feel, while the dining island is ready for casual meals and entertaining under brass and seeded glass pendant lights. Whirlpool stainless appliances include a gas range, plus a dry bar with beverage refrigerator for effortless hosting. A gorgeous dining area chandelier and pantry closet with solid shelving finish the

Supplements: space with style and function. Need flexibility? The den with French doors is perfect for an office, hobby room, or quiet retreat. The primary suite features a tray ceiling, recessed lighting, dual sinks with quartz counters, a zero entry shower, and a walk-in closet with an organizer system. Outside is where this home really shines: a screened lan ... (Read more)

Listing Details MLS# 2126148

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1560
Living Area Source: Public Records
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.13
Association YN: Yes
Association Fee: 211
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
Association Name: Watersong HOA
CDD Fee YN: Yes
CDD Fee Amount: 2412.66
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: Yes
Stories: Yes
Senior Community YN: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners to Mistflower to Juniper Hills Dr to Voysey Pl, right on Ladyslipper, right on Pinellas Way
Public Remarks: Light, bright, and instantly welcoming, this 2023 Trail model in gated 55+ community of Watersong at Rivertown is made for easy living with a view. The great room is filled with natural light and opens through a large sliding glass door to the screened lanai, where serene pond views set the tone for morning coffee, sunset lounging, and everything in between. Warm, luxury vinyl plank flooring runs through the main living spaces and bedrooms, paired with soft gray Shaker cabinetry for a clean, cohesive look. The kitchen is the heart of the home and it shows. White quartz counters, a herringbone subway tile backsplash, and bright brass hardware give it a polished coastal feel, while the dining island is ready for casual meals and entertaining under brass and seeded glass pendant lights. Whirlpool stainless appliances include a gas range, plus a dry bar with beverage refrigerator for effortless hosting. A gorgeous dining area chandelier and pantry closet with solid shelving finish the
List Price/SqFt: 288.46
Sold Price/SqFt: 272.76

Property Features

Levels: One Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned; Wine Cooler Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: Underground Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Security Gate; Smoke Detector(s) Exterior Features: Outdoor Kitchen Patio And Porch Features: Covered; Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Security; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Security Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing