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.

254 CEZANNE Circle, Ponte Vedra, FL 32081 (MLS# 2094983)

254 CEZANNE Circle, Ponte Vedra, FL 32081

$2,100

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,611 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $2,100 List Date: 6/24/2025 Last Modified: 8/01/2025

Overview

Description

Nice home in the Florentine neighborhood right next to Nease High School. Home has 3 Bedrooms and 2 baths. Kitchen has stainless steel appliances and there are tile and laminate floors throughout. Fenced in backyard. Pets ok upon owner approval

Listing Details MLS# 2094983

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1611
Living Area Source: Assessor
Year Built: 2005
Lot Size Acres: 0.14
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: South on US 1 past 210, to left on Renior into Florentine, Right on Cezanne Circle
Public Remarks: Nice home in the Florentine neighborhood right next to Nease High School. Home has 3 Bedrooms and 2 baths. Kitchen has stainless steel appliances and there are tile and laminate floors throughout. Fenced in backyard. Pets ok upon owner approval
List Price/SqFt: 1.4
Sold Price/SqFt: 1.3

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Water Source: Public Parking Features: Attached; Garage Sewer: Public Sewer Fencing: Back Yard Utilities: Cable Available; Electricity Available Cooling: Central Air; Electric Heating: Central Tenant Pays: All Utilities Pets Allowed: Breed Restrictions; Call

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2025-06-24
Lease Term: 12 Months
Availability Date: 2025-06-24

Location Tax and Legal

Street Number: 254
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: 2025-08-01T14:19:38Z
Major Change Type: Status Change
Purchase Contract Date: 2025-07-10
Close Date: 2025-08-01
Close Price: 2100

Deposits and Fees

Application Fee: 75
Security Deposit: 2250

More Information

Listing Office: RE/MAX SPECIALISTS PV

Last Updated: August - 01 - 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.