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.

251 RED CEDAR Drive, St. Johns, FL 32259 (MLS# 869372)

251 RED CEDAR Drive, St. Johns, FL 32259

$355,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,722 Status: Closed

Current Price: $355,000 List Date: 3/01/2017 Last Modified: 9/30/2026

Overview

Description

Inventory home under construction! **Sample PHotos Only** ESTIMATED COMPLETION SEPTEMBER 2017! The San Marco plan with beautifully appointed features includes 4 spacious bedrooms, 3 baths, loft and a 3 car garage! This elegant layout begins with an entry foyer, which leads to a formal dining room which features a butler pantry open to the kitchen. You also have a bedroom and full bath downstairs . The family room is open to the gourmet kitchen and features wood stairs with iron spindles and a 9' wide hidden slider leading to the spacious covered lanai perfect for grilling and entertaining. Your gourmet kitchen includes a large California island giving you an abundance of counter space, granite counters, 42'' cabinets,

Supplements: ...stainless steel appliances including 30" cooktop, double ovens, microwave and refrigerator! The nice size master suite boasts a trey ceiling, luxurious master bath with a corner garden tub, tiled walk in shower, separate raised vanities and large walk in closet. Leaving nothing behind, this home even comes with 2" faux wood blinds and a washer ... (Read more)

Listing Details MLS# 869372

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2722
Living Area Source: Plans
Year Built: 2017
Lot Size Dimensions: 63X125
Association YN: Yes
Association Fee: 600
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: From I-95 South take a Right onto C.R. 210 heading West and take first Right onto Russell Sampson Rd. Dream Finders Community will be on left hand side
Public Remarks: Inventory home under construction! **Sample PHotos Only** ESTIMATED COMPLETION SEPTEMBER 2017! The San Marco plan with beautifully appointed features includes 4 spacious bedrooms, 3 baths, loft and a 3 car garage! This elegant layout begins with an entry foyer, which leads to a formal dining room which features a butler pantry open to the kitchen. You also have a bedroom and full bath downstairs . The family room is open to the gourmet kitchen and features wood stairs with iron spindles and a 9' wide hidden slider leading to the spacious covered lanai perfect for grilling and entertaining. Your gourmet kitchen includes a large California island giving you an abundance of counter space, granite counters, 42'' cabinets,
List Price/SqFt: 137.76
Sold Price/SqFt: 130.42

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Property Condition: Under Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Cooling: Central Air Heating: Central Water Source: Public Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Porch; Screened Pool Features: None Roof: Shingle Parking Features: Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-03-01

Location Tax and Legal

Street Number: 251
Street Name: RED CEDAR
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Cedar Point

Status Change Information

Major Change Timestamp: 2023-11-14T07:49:08Z
Major Change Type: Price Change
Price Change Timestamp: 2018-01-26T19:57:59Z
Purchase Contract Date: 2018-02-05
Close Date: 2018-02-28
Close Price: 355000

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Seller May Pay Closing: Y
Public Historical Remarks 2: Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Family Room
Utility Room

Listing Office: DREAM FINDERS REALTY LLC

Last Updated: September - 30 - 2026

Information deemed reliable but not guaranteed.