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.

180 MAHOGANY BAY Drive, St. Johns, FL 32259 (MLS# 2004779)

180 MAHOGANY BAY Drive, St. Johns, FL 32259

$516,938

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,366 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $516,938 List Date: 2/01/2024 Last Modified: 5/13/2026

Overview

Description

**ASK ABOUT ASSISTANCE WITH CLOSING COST OR RATE BUY DOWN** Motivated seller, bring an offer! Welcome to your dream home in Aberdeen, nestled in the top-rated school district with A-rated schools! This 4-bed, 3-bath gem features a spacious 3-car garage, offering both style and convenience. The open floor plan invites warmth and natural light, leading seamlessly to a covered lanai, perfect for outdoor gatherings. The heart of the home, the kitchen, boasts granite countertops and stainless steel appliances, creating a sleek and modern culinary haven. With four bedrooms, there's ample space for a growing family or guests. Aberdeen's amenities offer a recreation and lap pool for sunny days and a fully-equipped fitness center for an active lifestyle.

Listing Details MLS# 2004779

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2366
Living Area Source: Assessor
Year Built: 2013
Lot Size Acres: 0.19
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2116.32
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: TAKE I-95S, KEEP RIGHT ON SR-9BS, TAKE EXIT ON ST JOHNS PKWY, TURN LEFT ON CR-244W, TURN RIGHT ON MAHOGANY BAY DR
Public Remarks: **ASK ABOUT ASSISTANCE WITH CLOSING COST OR RATE BUY DOWN** Motivated seller, bring an offer! Welcome to your dream home in Aberdeen, nestled in the top-rated school district with A-rated schools! This 4-bed, 3-bath gem features a spacious 3-car garage, offering both style and convenience. The open floor plan invites warmth and natural light, leading seamlessly to a covered lanai, perfect for outdoor gatherings. The heart of the home, the kitchen, boasts granite countertops and stainless steel appliances, creating a sleek and modern culinary haven. With four bedrooms, there's ample space for a growing family or guests. Aberdeen's amenities offer a recreation and lap pool for sunny days and a fully-equipped fitness center for an active lifestyle.
List Price/SqFt: 223.58
Sold Price/SqFt: 218.49

Property Features

Appliances: Dishwasher; Dryer; Gas Oven; Gas Range; Washer Interior Features: Ceiling Fan(s); Eat-in Kitchen; Guest Suite; Open Floorplan Flooring: Carpet; Tile Utilities: Electricity Available; Sewer Available Cooling: Central Air Heating: Central Water Source: Public Patio And Porch Features: Covered; Screened Parking Features: Garage; Garage Door Opener Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Community Pool Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-01-22

Location Tax and Legal

Street Number: 180
Street Name: MAHOGANY BAY
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2024-05-25T14:08:01Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-01T12:35:30Z
Purchase Contract Date: 2024-04-22
Close Date: 2024-05-24
Close Price: 516938

DPR Eligible

DPR Eligible: No

More Information

Listing Office: RIVER AND OAK REAL ESTATE

Last Updated: May - 13 - 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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