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.

247 N ARABELLA Way, St. Johns, FL 32259 (MLS# 2122310)

247 N ARABELLA Way, St. Johns, FL 32259

$600,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,778 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $600,000 List Date: 12/22/2025 Last Modified: 4/01/2026

Overview

Description

Beautiful 4 bedroom, 3 bath single-story home located in the gated community of St. Johns Forest. Enjoy peace of mind with a brand new roof completed 11/2025 and the CDD paid in full. Ideally situated near A-rated schools, I-95 and 9B, and the shopping and dining at Durbin Pavilion. The spacious owner's suite features his and hers walk-in closets, a relaxing soaker tub, and a separate shower. Concrete Block with Stucco. An enlarged screened lanai provides the perfect space for relaxing or entertaining. Community amenities include a 5,200 sq. ft. clubhouse, resort-style pool with a two-story slide, fitness center, tennis and basketball courts. HOA fee also includes high-speed internet.

Listing Details MLS# 2122310

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2778
Living Area Source: Public Records
Year Built: 2012
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.26
Association YN: Yes
Association Fee: 762
Association Fee Frequency: Quarterly
Association Name: Freedom Community Management
Association Phone: 904-490-8191
CDD Fee YN: Yes
CDD Fee Amount: 508.02
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: Southeast
Directions: From I-95, Take Exit 329 and go West on CR-210, approximately 1/2 mile. Turn right into St Johns Forest. This is a guard gated entry. After gate proceed to the end of St Johns Forest and turn right on N Arabella. House is on the left. GPS will take you to a resident only gate.
Public Remarks: Beautiful 4 bedroom, 3 bath single-story home located in the gated community of St. Johns Forest. Enjoy peace of mind with a brand new roof completed 11/2025 and the CDD paid in full. Ideally situated near A-rated schools, I-95 and 9B, and the shopping and dining at Durbin Pavilion. The spacious owner's suite features his and hers walk-in closets, a relaxing soaker tub, and a separate shower. Concrete Block with Stucco. An enlarged screened lanai provides the perfect space for relaxing or entertaining. Community amenities include a 5,200 sq. ft. clubhouse, resort-style pool with a two-story slide, fitness center, tennis and basketball courts. HOA fee also includes high-speed internet.
List Price/SqFt: 233.98
Sold Price/SqFt: 215.98

Property Features

Architectural Style: Traditional Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Electric Range; Gas Water Heater; Microwave; Refrigerator; Water Softener Owned Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Natural Gas Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Fire Alarm; Gated with Guard; Security System Owned; Smoke Detector(s) Construction Materials: Concrete; Stone Veneer; Stucco Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - On Site; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Internet; Security Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; First Right Of Refusal; Home Sale; Inspection