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.

198 CODONA GLEN Drive, St. Johns, FL 32259 (MLS# 2130751)

198 CODONA GLEN Drive, St. Johns, FL 32259

$2,800

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 3,145 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $2,800 List Date: 2/18/2026 Last Modified: 4/16/2026

Overview

Description

Discover Aberdeen, a master planned community located in northern St. Johns county offers homesites nestled around a vast conservation area. Homeowners will enjoy all the resort style amenities that Aberdeen has to offer! Aberdeen is located in the Julington Creek area, just minutes from I-95 and I-295 and is convenient to World Golf Village, St. Augustine outlets, the beaches, downtown Jacksonville and much more!

Listing Details MLS# 2130751

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2273
Living Area Source: Appraiser
Building Area Total: 3145
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Monthly
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
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: I95 Exit 329 (CR210) head West 2.Miles Turn Right on St. Johns Parkway, 1.7 Miles Turn Left onto Longleaf Pine Parkway, approximately 3 Miles to Aberdeen, Turn Left onto Shetland Drive for Model Home.
Public Remarks: Discover Aberdeen, a master planned community located in northern St. Johns county offers homesites nestled around a vast conservation area. Homeowners will enjoy all the resort style amenities that Aberdeen has to offer! Aberdeen is located in the Julington Creek area, just minutes from I-95 and I-295 and is convenient to World Golf Village, St. Augustine outlets, the beaches, downtown Jacksonville and much more!
List Price/SqFt: 1.23
Sold Price/SqFt: 1.23

Property Features

Additional Lease Terms: 24 Months; Negotiable Owner Pays: Association Fees; Management; Pest Control Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Electric Oven; Microwave; Refrigerator Interior Features: Breakfast Bar Laundry Features: Upper Level Exterior Features: Courtyard; Other Association Amenities: Other Water Source: Public Parking Features: Garage Sewer: Public Sewer View: Other Utilities: Other Cooling: Central Air Heating: Central Road Surface Type: Asphalt Road Frontage Type: County Road Rent Includes: Management Tenant Pays: All Utilities

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-02-18
Lease Term: Negotiable
Availability Date: 2026-03-01

Location Tax and Legal

Street Number: 198
Street Name: CODONA GLEN
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2026-04-16T20:14:22Z
Major Change Type: Status Change
Purchase Contract Date: 2026-04-03
Close Date: 2026-04-15
Close Price: 2800

Deposits and Fees

Security Deposit: Yes

More Information

Listing Office: FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

Last Updated: April - 16 - 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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