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.

193 IVY LAKES Drive, St. Johns, FL 32259 (MLS# 2143370)

193 IVY LAKES Drive, St. Johns, FL 32259

$2,400

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 1,967 Status: Closed

Current Price: $2,400 List Date: 5/04/2026 Last Modified: 6/16/2026

Overview

Description

This wonderful home in St Johns Co is located in a quiet neighborhood and has a private backyard. There is a formal dining room and kitchen that opens up to the family room. One of the bedrooms has wood floors that can be used for a 4th bedroom or would be great as a home office NO PETS.*Please read carefully before inquiring** Prospective tenants must earn 3x the rental amount, have clean rental history and complete a background and credit check. Credit check must reflect zero accounts in collection, no judgements and no liens. $50 application fee per adult; $2400 security deposit. Renter's insurance required.

Listing Details MLS# 2143370

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1967
Living Area Source: Public Records
Year Built: 1997
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: Head south on FL-13 S/San Jose Blvd toward Julington Creek Rd, Turn left onto Roberts Rd, Turn left onto Ivy Lakes Dr.
Public Remarks: This wonderful home in St Johns Co is located in a quiet neighborhood and has a private backyard. There is a formal dining room and kitchen that opens up to the family room. One of the bedrooms has wood floors that can be used for a 4th bedroom or would be great as a home office NO PETS.*Please read carefully before inquiring** Prospective tenants must earn 3x the rental amount, have clean rental history and complete a background and credit check. Credit check must reflect zero accounts in collection, no judgements and no liens. $50 application fee per adult; $2400 security deposit. Renter's insurance required.
List Price/SqFt: 1.22
Sold Price/SqFt: 1.22

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Interior Features: Eat-in Kitchen; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Covered; Deck Water Source: Public Parking Features: Garage Fencing: Fenced; Wood Utilities: Electricity Available; Water Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Tenant Pays: All Utilities; Exterior Maintenance; Grounds Care; Pest Control Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-05-04
Lease Term: 12 Months

Location Tax and Legal

Street Number: 193
Street Name: IVY LAKES
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Ivy Lakes

Status Change Information

Major Change Timestamp: 2026-06-16T19:01:23Z
Major Change Type: Status Change
Purchase Contract Date: 2026-06-16
Close Date: 2026-06-16
Close Price: 2400

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Additional Fee: 100
Application Fee: 50
Security Deposit: 2300

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Lot Description-Wooded: Y, Wall-to-Wall Carpet: Y
Public Historical Remarks 2: Occupancy: Immediate, Sewer - Public: Y, Parcel Size: .51 to 1 Acre, Tile Floors: Y, Laminate Floors: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 3: Intermediate School: Other, Date Available: October 1st

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: June - 16 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare