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# 869048)

1809 LOCHAMY Lane, St. Johns, FL 32259

$320,000

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

Current Price: $320,000 List Date: 2/27/2017 Last Modified: 8/11/2026

Overview

Description

Beautiful 4 bedroom, 2 bath pool home with private wooded backyard that backs up to a nature preserve. Features Pergo floors, granite counter tops, split floor plan, stainless steel appliances, bonus room/office, screened-in porch, paver pool deck, 2-car garage, breakfast bar, water softener, jacuzzi tub in master bath, gas fireplace, fenced-in back yard.

Listing Details MLS# 869048

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: 420
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 716
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: S on SR 13, Left Racetrack Rd, Right Durbin Creek Blvd, Left Oakwood Branch Dr, Right Sparrow Branch, Right Loch Tanna Loop, Right Marcy Dr, Left Lochamy Ln to property.
Public Remarks: Beautiful 4 bedroom, 2 bath pool home with private wooded backyard that backs up to a nature preserve. Features Pergo floors, granite counter tops, split floor plan, stainless steel appliances, bonus room/office, screened-in porch, paver pool deck, 2-car garage, breakfast bar, water softener, jacuzzi tub in master bath, gas fireplace, fenced-in back yard.
List Price/SqFt: 127.29
Sold Price/SqFt: 127.69

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Attached; Garage View: Protected Preserve Fencing: Back Yard Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center 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: 2017-02-27

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: 2023-11-14T07:09:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-04-23T16:12:27Z
Purchase Contract Date: 2017-05-10
Close Date: 2017-05-26
Close Price: 320000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y

Room Information

Room Name
Office

Listing Office: TRADITIONS REALTY LLC

Last Updated: August - 11 - 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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