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.

168 CROWN WHEEL Circle, St. Johns, FL 32259 (MLS# 1082789)

168 CROWN WHEEL Circle, St. Johns, FL 32259

$308,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,071 Status: Closed

Current Price: $308,000 List Date: 11/18/2020 Last Modified: 10/15/2026

Overview

Description

This 3 bedroom, 2 bathroom home has an open-concept kitchen, a FLEX ROOM, and plenty of natural light. The split floor plan is cozy AND functional. Luxury Vinyl Plank flooring was installed throughout the house in 2017, creating a seamless transition from one room to the next. You'll love the fenced-in backyard, and rear covered porch that overlook the pond. The HVAC was replaced in 2017, and both the interior and exterior of the home were painted in 2017. Schedule your showing today!

Listing Details MLS# 1082789

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2071
Living Area Source: Public Records
Year Built: 2009
Association YN: Yes
Association Fee: 330
Association Fee Frequency: Semi-Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From I-295 head South on SR 13, LEFT on Roberts Rd; RIGHT on Bedstone Dr. into Mill Creek Landing; LEFT on Crown Wheel Cir. Home is on the RIGHT
Public Remarks: This 3 bedroom, 2 bathroom home has an open-concept kitchen, a FLEX ROOM, and plenty of natural light. The split floor plan is cozy AND functional. Luxury Vinyl Plank flooring was installed throughout the house in 2017, creating a seamless transition from one room to the next. You'll love the fenced-in backyard, and rear covered porch that overlook the pond. The HVAC was replaced in 2017, and both the interior and exterior of the home were painted in 2017. Schedule your showing today!
List Price/SqFt: 144.81
Sold Price/SqFt: 148.72

Property Features

Approx Parcel Size: Less than .25 Acre Interior Features: Split Bedrooms Flooring: Vinyl Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Pool Features: None Roof: Shingle Lot Features: Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Pond Fencing: Back Yard Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-11-13

Location Tax and Legal

Street Number: 168
Street Name: CROWN WHEEL
Street Suffix: Circle
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mill Creek Landing

Status Change Information

Major Change Timestamp: 2020-12-30T21:41:05Z
Major Change Type: Status Change
Purchase Contract Date: 2020-11-23
Close Date: 2020-12-30
Close Price: 308000

More Information

Listing Office: 904 REALTY LLC

Last Updated: October - 15 - 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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