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.

186 SOUTHERN OAK Drive, Ponte Vedra, FL 32081 (MLS# 2019610)

186 SOUTHERN OAK Drive, Ponte Vedra, FL 32081

$3,250

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,688 Lot Size (sq. ft.): 4,356 Status: Closed

Current Price: $3,250 List Date: 4/12/2024 Last Modified: 3/04/2025

Overview

Description

Experience the coveted Nocatee lifestyle in this exquisite 3-bedroom, 2-bathroom David Weekly custom home located just steps away from the popular Twenty Mile Pool & Park. This home boasts custom cabinetry, GE Profile stainless steel appliances, a gas cooktop, and an expansive granite island and countertops, walk-in pantry. The generous master bedroom features an ample walk-in closet, while the master bath offers a spacious super shower. Throughout the main living area, and master bedroom, you'll find durable LVP flooring, adding both style and ease of maintenance. 2-car garage, a cozy screened patio for outdoor relaxation. Residents enjoy zoning for the highly-rated Palm Valley Academy and Nease High School. As part of a golf-cart-friendly community, you're just a short ride away from local shopping and dining at the Nocatee Town Center, and all Nocatee amenities, including the Nocatee Splash Park, Spray Park, Trails, Paddle Launch, Fitness Center & so much more.

Listing Details MLS# 2019610

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1688
Living Area Source: Public Records
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.1
Association YN: Yes
Association Name: Twenty Mile West
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: From I-95 N Exit 329 -County Rd 210 E. County Rd 210 E. turns into Valley Ridge Blvd, left @ Twenty Mile Rd., left @ Oak Canopy Dr., Left @ park 3rd house on right after Outpost Trail.
Public Remarks: Experience the coveted Nocatee lifestyle in this exquisite 3-bedroom, 2-bathroom David Weekly custom home located just steps away from the popular Twenty Mile Pool & Park. This home boasts custom cabinetry, GE Profile stainless steel appliances, a gas cooktop, and an expansive granite island and countertops, walk-in pantry. The generous master bedroom features an ample walk-in closet, while the master bath offers a spacious super shower. Throughout the main living area, and master bedroom, you'll find durable LVP flooring, adding both style and ease of maintenance. 2-car garage, a cozy screened patio for outdoor relaxation. Residents enjoy zoning for the highly-rated Palm Valley Academy and Nease High School. As part of a golf-cart-friendly community, you're just a short ride away from local shopping and dining at the Nocatee Town Center, and all Nocatee amenities, including the Nocatee Splash Park, Spray Park, Trails, Paddle Launch, Fitness Center & so much more.
List Price/SqFt: 1.98
Sold Price/SqFt: 1.93

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Grounds Care; Pest Control Architectural Style: Ranch; Traditional Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Oven; ENERGY STAR Qualified Freezer; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Water Heater; Gas Cooktop; Microwave; Washer Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Pantry; Primary Bathroom - Shower No Tub; Smart Home; Walk-In Closet(s) Laundry Features: In Unit Smart Home Features: Entertainment; Irrigation; Programmable Thermostat; Smoke Detector Patio And Porch Features: Porch; Screened Pool Features: Fenced Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Jogging Path; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Trash Water Source: Public Parking Features: Garage; On Street Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s) Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Electric: 200+ Amp Service Road Surface Type: Asphalt Road Frontage Type: Alley; Private Road Additional Fee Includes: Door Opener Rent Includes: Trash Collection Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Hot Water; HVAC Maintenance; Janitorial Service; Sewer; Telephone Pets Allowed: Yes; Breed Restrictions; Cats OK; Dogs OK; Size Limit; Number Limit

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/3VW2gf9
Property Sub Type: Single Family Residence
Listing Contract Date: 2024-04-12
Lease Term: 12 Months
Availability Date: 2024-04-22

Location Tax and Legal

Street Number: 186
Street Name: SOUTHERN OAK
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 271-Nocatee North
Subdivision Name: Twenty Mile Village

Status Change Information

Major Change Timestamp: 2024-05-30T20:17:35Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-29T12:43:25Z
Purchase Contract Date: 2024-05-30
Close Date: 2024-06-01
Close Price: 3250

Accessory Dwelling Information

Dwelling Type: Garage
Bathrooms: 2

More Information

Deposits and Fees

Association Application Fee: 250
Pet Fee/Deposit: 500
Security Deposit: 5000

Listing Office: PROPERTY THEATER LLC

Last Updated: March - 04 - 2025

Information deemed reliable but not guaranteed.