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.

253 PINELLAS Way, St. Johns, FL 32259 (MLS# 2113416)

253 PINELLAS Way, St. Johns, FL 32259

$510,000

Virtual Tour

https://www.zillow.com/view-imx/11d03045-525c-46c2-a0a8-3e165695e1c1?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,914 Status: Closed

Current Price: $510,000 List Date: 10/15/2025 Last Modified: 12/30/2025

Overview

Description

Built in 2023, this stunning Pier model spans 1,914 square feet of refined comfort with 2 bedrooms, a private office, and 2 baths—all set on a peaceful pond lot framed by swaying palms and spectacular sunset views. Inside, luxury vinyl plank flooring flows through open, light-filled spaces designed for both everyday living and entertaining. The showpiece of the home is the custom wine and beverage bar, complete with a stacked-stone backsplash, floating wood shelves, quartz countertops, and a built-in refrigerator—perfect for unwinding or hosting with style. The chef's kitchen features white shaker cabinetry, a waterfall island, and stainless steel Whirlpool appliances, while the dining area glows under contemporary lighting that adds warmth and elegance. Retreat to a serene primary suite with a spa-inspired bath offering a zero-entry shower and a large walk-in closet with built-in luggage racks. Every detail is considered, from the drop zone with cubbies and bench to the fully

Supplements: outfitted laundry room with Speed Queen washer and dryer. Step outside to your extended screened lanai and savor the evenings in your custom-built summer kitchencomplete with BBQ, refrigerator, and stone surround. Here, sunsets shimmer across the pond, framed by lush palms that move gently with the Florida breeze. Nestled within WaterSong, a premi ... (Read more)

Listing Details MLS# 2113416

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1914
Living Area Source: Public Records
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 186
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2585.69
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: No
Waterfront YN: Yes
Stories: Yes
Senior Community YN: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners Dr, left on Mistflower Dr, right on Juniper Hills Dr, left on Voysey Pl, right on Ladyslipper Dr, right on Pinellas Way
Public Remarks: Built in 2023, this stunning Pier model spans 1,914 square feet of refined comfort with 2 bedrooms, a private office, and 2 baths—all set on a peaceful pond lot framed by swaying palms and spectacular sunset views. Inside, luxury vinyl plank flooring flows through open, light-filled spaces designed for both everyday living and entertaining. The showpiece of the home is the custom wine and beverage bar, complete with a stacked-stone backsplash, floating wood shelves, quartz countertops, and a built-in refrigerator—perfect for unwinding or hosting with style. The chef's kitchen features white shaker cabinetry, a waterfall island, and stainless steel Whirlpool appliances, while the dining area glows under contemporary lighting that adds warmth and elegance. Retreat to a serene primary suite with a spa-inspired bath offering a zero-entry shower and a large walk-in closet with built-in luggage racks. Every detail is considered, from the drop zone with cubbies and bench to the fully
List Price/SqFt: 266.46
Sold Price/SqFt: 266.46

Property Features

Levels: One Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer; Wine Cooler Interior Features: Breakfast Nook; Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s); Wet Bar Flooring: Carpet; Tile; Vinyl Laundry Features: In Unit; Sink Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: Underground Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Exterior Features: Outdoor Kitchen Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Rear View: Pond Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection