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.

215 N PRAIRIE LAKES Drive, St. Augustine, FL 32084 (MLS# 1092294)

215 N PRAIRIE LAKES Drive, St. Augustine, FL 32084

$65,000

Property Type: Land Lot Size (sq. ft.): 23,087 Status: Closed

Current Price: $65,000 List Date: 1/28/2021 Last Modified: 2/05/2025

Overview

Description

Country living on a water lot is now available in Prairie Lakes! This half acre parcel offers plenty of space to build your dream home with great pond access! Great for fishing and living outside of the city!

Listing Details MLS# 1092294

General Property Information

Lot Size Acres: 0.53
Lot Size Dimensions: 286x150x175x100
CDD Fee YN: No
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
Association Name: Prairie Lakes
Association Phone: 773-297-7565
Water Body Access YN: No
Waterfront YN: Yes
Directions: Take Holmes Blvd. to CR 214 drive west to the entrance of Prairie Lakes community. Drive straight and pass the 2nd Prairie Lakes community sign and lot will be on R as you make the turn on the bend.
Public Remarks: Country living on a water lot is now available in Prairie Lakes! This half acre parcel offers plenty of space to build your dream home with great pond access! Great for fishing and living outside of the city!
List Price/Acre: 122641.51
Sold Price/Acre: 122641.51

Property Features

Current Use: Single Family Lot Features: Irregular Lot; Wooded Waterfront Features: Pond Road Surface Type: Asphalt Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2021-01-10

Location Tax and Legal

Street Number: 215
Street Direction Prefix: N
Street Name: PRAIRIE LAKES
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32084
MLS Area Major: 336-Ravenswood/West Augustine
Subdivision Name: Prairie Lakes

Status Change Information

Major Change Timestamp: 2021-05-13T13:09:59Z
Major Change Type: Status Change
Purchase Contract Date: 2021-04-30
Close Date: 2021-05-12
Close Price: 65000

Historical Information

Public Historical Remarks 1: Lot Location-Subdivision: Y, Restrict/Rquirmnts: Deed Restriction
Public Historical Remarks 3: Intermediate School: Other, Current Zoning: PUD

More Information

Documents

Survey ›

Covenants and Restrictions ›

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Last Updated: February - 05 - 2025

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.