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.

1809 LOCHAMY Lane, St. Johns, FL 32259 (MLS# 1207357)

1809 LOCHAMY Lane, St. Johns, FL 32259

$632,500

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,506 Status: Closed

Current Price: $632,500 List Date: 1/17/2023 Last Modified: 8/11/2026

Overview

Description

TOTALLY RENOVATED POOL HOME WITH FOUR MASSIVE OVER-SIZED BEDROOMS COMING SOON! Roof is new, AC is newer, fresh stunning paint in and out along with gorgeous wire brushed LVP. Inside, the kitchen features refreshed white cabinetry w/ stainless appliances & open Cali style bar type with new Pitaya granite. Great room features a bricked fireplace w/ mantle & symmetrical built-in shelving. Garage flooring has sharp looking epoxy coating. Outside, the lovely oak tree has recently seen some arborist care for front shade & the pool has a new screen with pavers & covered lanai.

Listing Details MLS# 1207357

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2506
Living Area Source: Public Records
Year Built: 2002
Association YN: Yes
Association Fee: 480
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1019
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: RACETRACK RD TO DURBIN CREEK LEFT INTO WHISPERING PINES (RIGHT AT THE ROUNDABOUT); MACY DR TO RIGHT ON LOCHAMY LN & HOUSE ON LEFT.
Public Remarks: TOTALLY RENOVATED POOL HOME WITH FOUR MASSIVE OVER-SIZED BEDROOMS COMING SOON! Roof is new, AC is newer, fresh stunning paint in and out along with gorgeous wire brushed LVP. Inside, the kitchen features refreshed white cabinetry w/ stainless appliances & open Cali style bar type with new Pitaya granite. Great room features a bricked fireplace w/ mantle & symmetrical built-in shelving. Garage flooring has sharp looking epoxy coating. Outside, the lovely oak tree has recently seen some arborist care for front shade & the pool has a new screen with pavers & covered lanai.
List Price/SqFt: 255.35
Sold Price/SqFt: 252.39

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch; Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Cable Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame; Stucco Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: In Ground; Other; Screen Enclosure Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve Fencing: Back Yard; Vinyl; Other Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Playground; Tennis Court(s); Trash 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: 2023-01-10

Location Tax and Legal

Street Number: 1809
Street Name: LOCHAMY
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek

Status Change Information

Major Change Timestamp: 2023-11-17T17:51:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-12T13:31:04Z
Purchase Contract Date: 2023-02-11
Close Date: 2023-03-01
Close Price: 632500

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Football Field(s): Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Glass Block Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Aluminum Fencing: Y, Golf Course Comm: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y, Fireplace-Family Room: Y, Fireplace Mantle: Y, Brick Fireplace: Y, Structure Slab: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Living Room
Family Room
Great Room
Office
Utility Room

Documents

HOA Addendum & CDD Disclosure ›

Seller's Disclosure ›

Listing Office: RE/MAX UNLIMITED

Last Updated: August - 11 - 2026

Information deemed reliable but not guaranteed.