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.

200 LARKIN Place #104, St. Johns, FL 32259 (MLS# 854624)

200 LARKIN Place #104, St. Johns, FL 32259

$160,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,327 Status: Closed

Current Price: $160,000 List Date: 11/09/2016 Last Modified: 1/12/2026

Overview

Description

No stairs to climb in this ground level new home! You’ll love the 10’ ceilings as well as the covered lanai. The kitchen has a pantry, granite counters, tile floors and stainless steel appliances. You’ll love the attached 1 car garage with laundry area. This is an exceptional value in a sought after location!

Listing Details MLS# 854624

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1327
Living Area Source: Plans
Year Built: 2016
Association YN: Yes
Association Fee: 5
Association Fee Frequency: Monthly
Association Fee 2: 144
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 240
New Construction YN: Yes
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Entry Level: Yes
Directions: 295 To SR13 (San Jose) South, Left On Racetrack, Right on Veterans Pkwy, Right on Longleaf Pine Pkwy, Sales and Model Center on Left at Greenstone
Public Remarks: No stairs to climb in this ground level new home! You’ll love the 10’ ceilings as well as the covered lanai. The kitchen has a pantry, granite counters, tile floors and stainless steel appliances. You’ll love the attached 1 car garage with laundry area. This is an exceptional value in a sought after location!
List Price/SqFt: 125.09
Sold Price/SqFt: 120.57

Property Features

Approx Parcel Size: Condo-NA Appliances: Dryer; Washer Interior Features: Split Bedrooms Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Parking Features: Additional Parking Current Use: Multi-Family Possession: Negotiable

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2016-11-09

Location Tax and Legal

Street Number: 200
Street Name: LARKIN
Street Suffix: Place
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Greenstone

Status Change Information

Major Change Timestamp: 2023-11-14T07:22:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-12-02T16:06:14Z
Purchase Contract Date: 2016-12-18
Close Date: 2017-08-22
Close Price: 160000

More Information

Listing Office: D R HORTON REALTY INC

Last Updated: January - 12 - 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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