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.

228 RUM RUNNER Way, St. Johns, FL 32259 (MLS# 2087355)

228 RUM RUNNER Way, St. Johns, FL 32259

$879,000

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,356 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $879,000 List Date: 5/13/2025 Last Modified: 7/29/2026

Overview

Description

** CDD PAID OFF - $110,000 IN UPGRADES - WHOLE HOUSE GENERATOR - HUGE SPA LIKE PRIMARY BATH - REAL WOOD FLOORS THROUGHOUT - AUTOMATIC SCREENS- UPSTAIRS&DOWNSTAIRS - DOUBLE THERMADOR FRIDGE/FREEZER - FENCED BACK YARD - CUSTOM CLOSETS - UPGRADED LIGHTING THROUGHOUT - ELECTRIC FIREPLACE - WATER SOFTENER - EPOXY GARAGE FLOORS - CUSTOM LANDSCAPING - EXTENDED DRIVEWAY MUST SEE!!! Relaxation and Luxury Across from Your Private Beach Access Located in the highly sought-after Beachwalk community, this exquisite 4-bedroom, 3.5-bathroom, 3,083 sq. ft. retreat boasts $110,000 in upgrades and an array of high-end features that redefine comfortable living. As you approach, you'll be captivated by the lush landscaping and the tranquil setting overlooking a lake with a soothing fountain. Just steps away from your door lies your private beach access, offering an unbeatable location for the ultimate coastal lifestyle

Supplements: Inside, every detail has been thoughtfully designed for luxury and convenience. The whole-house generator ensures peace of mind, while the Thermador refrigerator, top-of-the-line appliances, and luxury kitchen make this home a chef's paradise. Enjoy custom closets and a beautifully organized pantry, along with remote-control screens on both the upp ... (Read more)

Listing Details MLS# 2087355

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3083
Living Area Source: Public Records
Building Area Total: 4356
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.13
Association YN: Yes
Association Fee: 1234.27
Association Fee Frequency: Quarterly
Association Fee 2: 324.82
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1266.53
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Stories: 2
Senior Community YN: No
Directions: State Hwy 9 St Johns, FL 32259 Head south on I-95 S 0.3 mi Use the right 2 lanes to take exit 329 for Cnty Rd 210 toward Ponte Vedra Bch/Green Cove Spgs 0.5 mi Use the left 2 lanes to turn left onto County Rd 210 E 1.3 mi Turn left onto Beachwalk Blvd 0.6 mi Turn right onto Rum Runner Wy Destination will be on the right
Public Remarks: ** CDD PAID OFF - $110,000 IN UPGRADES - WHOLE HOUSE GENERATOR - HUGE SPA LIKE PRIMARY BATH - REAL WOOD FLOORS THROUGHOUT - AUTOMATIC SCREENS- UPSTAIRS&DOWNSTAIRS - DOUBLE THERMADOR FRIDGE/FREEZER - FENCED BACK YARD - CUSTOM CLOSETS - UPGRADED LIGHTING THROUGHOUT - ELECTRIC FIREPLACE - WATER SOFTENER - EPOXY GARAGE FLOORS - CUSTOM LANDSCAPING - EXTENDED DRIVEWAY MUST SEE!!! Relaxation and Luxury Across from Your Private Beach Access Located in the highly sought-after Beachwalk community, this exquisite 4-bedroom, 3.5-bathroom, 3,083 sq. ft. retreat boasts $110,000 in upgrades and an array of high-end features that redefine comfortable living. As you approach, you'll be captivated by the lush landscaping and the tranquil setting overlooking a lake with a soothing fountain. Just steps away from your door lies your private beach access, offering an unbeatable location for the ultimate coastal lifestyle
List Price/SqFt: 291.6
Sold Price/SqFt: 285.11

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Oven; ENERGY STAR Qualified Dryer; ENERGY STAR Qualified Water Heater; Gas Cooktop; Gas Water Heater; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Fireplace Features: Electric Interior Features: Breakfast Bar; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; In-Law Floorplan; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Vaulted Ceiling(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Upper Level; Washer Hookup Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Fire Alarm; Firewall(s); Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Concrete Exterior Features: Balcony Patio And Porch Features: Front Porch; Patio; Porch; Screened Roof: Metal Parking Features: Attached; Garage; Garage Door Opener View: Pond; Other Waterfront Features: Pond Fencing: Back Yard; Wrought Iron Current Use: Residential; Single Family Association Amenities: Clubhouse; Dog Park; Fitness Center; Gated; Maintenance Grounds; Maintenance Structure; Management - Off Site; Playground; Other Association Fee Includes: Maintenance Grounds; Maintenance Structure Road Frontage Type: Private Road Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan