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.

209 LARKIN Place 108, St. Johns, FL 32259 (MLS# 2127223)

209 LARKIN Place 108, St. Johns, FL 32259

$1,600

Property Type: Residential Lease Bedrooms: 2 Baths: 4 Square Footage: 1,230 Status: Closed

Current Price: $1,600 List Date: 1/28/2026 Last Modified: 2/27/2026

Overview

Description

This 2-bedroom, 2-bathroom condo in Greenstone at Aberdeen offers a modern and inviting living space. It features luxury vinyl plank flooring throughout and neutral-colored walls, providing a versatile backdrop for any decor . The unit overlooks a serene pond, offering picturesque views and a tranquil setting. Residents have access to excellent amenities, including two swimming pools, a waterslide, a playground, fitness room, and a basketball court, ensuring a range of recreational options right at your doorstep. Minutes to great shopping and restaurants! Located in the much sought after A rated St Johns school system!

Listing Details MLS# 2127223

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: 2
Bathrooms Total: 4
Unit Type: Interior Unit
Living Area: 1230
Living Area Source: Public Records
Year Built: 2007
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: Yes
Stories: Yes
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: From SR 13 South, Left on Racetrack, Right on Veterans, Right on Longleaf Pine Pkwy. Take a U-turn at Castro Ct. Rt into Greenstone Condos, Burnett Dr. Take 1st right on Larkin Place.
Public Remarks: This 2-bedroom, 2-bathroom condo in Greenstone at Aberdeen offers a modern and inviting living space. It features luxury vinyl plank flooring throughout and neutral-colored walls, providing a versatile backdrop for any decor . The unit overlooks a serene pond, offering picturesque views and a tranquil setting. Residents have access to excellent amenities, including two swimming pools, a waterslide, a playground, fitness room, and a basketball court, ensuring a range of recreational options right at your doorstep. Minutes to great shopping and restaurants! Located in the much sought after A rated St Johns school system!
List Price/SqFt: 1.34
Sold Price/SqFt: 1.3

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Microwave; Refrigerator Interior Features: Open Floorplan Patio And Porch Features: Terrace Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground Water Source: Public Parking Features: Garage View: Pond Utilities: Cable Available Cooling: Central Air Heating: Central Pets Allowed: Breed Restrictions

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2026-01-28
Lease Term: 12 Months
Availability Date: 2026-01-28

Location Tax and Legal

Street Number: 209
Street Name: LARKIN
Street Suffix: Place
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Greenstone

Status Change Information

Major Change Timestamp: 2026-02-27T20:48:50Z
Major Change Type: Status Change
Purchase Contract Date: 2026-02-26
Close Date: 2026-02-27
Close Price: 1600

Deposits and Fees

Application Fee: 89
Pet Fee/Deposit: 400
Security Deposit: 1650

More Information

Listing Office: PURSUIT REAL ESTATE, LLC

Last Updated: February - 27 - 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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