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.

250 SHADOW Cove, St. Johns, FL 32259 (MLS# 2153380)

250 SHADOW Cove, St. Johns, FL 32259

$4,200

Virtual Tour

https://www.zillow.com/view-imx/093a60bf-7537-43dc-a11b-cc14581e42c1?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Lease Bedrooms: 5 Baths: 4 Square Footage: 3,245 Status: Active

Current Price: $4,200 List Date: 7/01/2026 Last Modified: 11/02/2026

Overview

Description

This impressive split plan home boasts a welcoming two-story foyer that leads to the elegant formal living and dining areas and is accented by a lovely open staircase. The well equipped kitchen includes a separate walk-in pantry and a large flat island that is adjoined by a large sunlit breakfast area. Adjacent to the kitchen is an expansive family room that has direct access to the expanded covered lanai. Downstairs, the master bedroom suite features an oversized walk-in closet and an opulent master bath with his-and-hers vanities, Roman tub, separate shower, and a private water closet. This family oriented home is further enhanced by another downstairs bedroom with a full bathroom making it ideal for multigenerational living.

Supplements: Upstairs, three additional bedrooms and two full baths share a large versatile loft that could function as a game room. To top it all off, a state of the art kitchen with a custom-built seating bar was added to the outdoor area. Zoned for the top rated schools of the Julington Creek / Switzerland area. All schools are within a 3 miles radius and t ... (Read more)

Listing Details MLS# 2153380

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3245
Living Area Source: Public Records
Year Built: 2021
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: Race Track Road to Veterans Parkway. Turn south toward Durbin Crossing. Take turn onto Longleaf Pine Parkway. Make first right turn into Julington Lakes
Public Remarks: This impressive split plan home boasts a welcoming two-story foyer that leads to the elegant formal living and dining areas and is accented by a lovely open staircase. The well equipped kitchen includes a separate walk-in pantry and a large flat island that is adjoined by a large sunlit breakfast area. Adjacent to the kitchen is an expansive family room that has direct access to the expanded covered lanai. Downstairs, the master bedroom suite features an oversized walk-in closet and an opulent master bath with his-and-hers vanities, Roman tub, separate shower, and a private water closet. This family oriented home is further enhanced by another downstairs bedroom with a full bathroom making it ideal for multigenerational living.
List Price/SqFt: 1.29

Property Features

Additional Lease Terms: 12 Months; Other Appliances: Dishwasher; Disposal; Double Oven; Dryer; Gas Oven; Gas Range; Gas Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Laundry Features: In Unit; Lower Level; Sink Smart Home Features: Carbon Monoxide Detector; Irrigation; Locks; Programmable Thermostat; Smoke Detector Exterior Features: Outdoor Kitchen Association Amenities: Basketball Court; Boat Dock; Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Park; Playground; Security; Tennis Court(s); Other Community Features: Gated Water Source: Public Parking Features: Garage; Garage Door Opener; Gated; Guest; Secured Security Features: 24 Hour Security; Carbon Monoxide Detector(s); Gated with Guard; Security Gate; Smoke Detector(s) View: Trees/Woods Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Zoned Heating: Central; Zoned Tenant Pays: All Utilities

Contract Information

RentEdge Syndication Y/N: Yes
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-07-01
Lease Term: 12 Months

Location Tax and Legal

Street Number: 250
Street Name: SHADOW
Street Suffix: Cove
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Lakes

Status Change Information

Major Change Timestamp: 2026-10-04T12:02:05Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-04T12:02:05Z

Deposits and Fees

Application Fee: 50
Association Application Fee: 100
Security Deposit: 8400

More Information

Listing Office: FATHOM REALTY FL, LLC.

Last Updated: November - 02 - 2026

Information deemed reliable but not guaranteed.