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.

230 CEZANNE Circle, Ponte Vedra, FL 32081 (MLS# 1257650)

230 CEZANNE Circle, Ponte Vedra, FL 32081

$2,200

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,591 Status: Closed

Current Price: $2,200 List Date: 11/15/2023 Last Modified: 2/28/2025

Overview

Description

House For Rent! This 3 bedroom with 2 full bath, Brand new wood flooring through out the house. Great location in St. Johns County.

Listing Details MLS# 1257650

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1591
Living Area Source: Public Records
Year Built: 2006
Association YN: No
Association Fee Frequency: Monthly
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From the intersection of US-1 and SR210 travel South 1 mile to Florentine subdivision. Take a right on Cezanne Circle
Public Remarks: House For Rent! This 3 bedroom with 2 full bath, Brand new wood flooring through out the house. Great location in St. Johns County.
List Price/SqFt: 1.38
Sold Price/SqFt: 1.38

Property Features

Architectural Style: Traditional Appliances: Electric Range Interior Features: Split Bedrooms Pool Features: None Parking Features: Additional Parking; Attached Cooling: Central Air Heating: Central Road Surface Type: Asphalt

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: Yes
Listing Contract Date: 2023-11-14
Lease Term: 12 Months

Location Tax and Legal

Street Number: 230
Street Name: CEZANNE
Street Suffix: Circle
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Florentine

Status Change Information

Major Change Timestamp: 2023-12-20T22:20:23Z
Major Change Type: Status Change
Purchase Contract Date: 2023-12-20
Close Date: 2023-12-20
Close Price: 2200

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y
Public Historical Remarks 2: Occupancy: Immediate, Sewer - Public: Y, Structure-Frame: Y, Exterior Wall: Vinyl Siding, Laminate Floors: Y

More Information

Documents

Rental Application ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: February - 28 - 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.