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.

255 WILLOW RIDGE Drive, Ponte Vedra, FL 32081 (MLS# 1218329)

255 WILLOW RIDGE Drive, Ponte Vedra, FL 32081

$3,400

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,027 Status: Closed

Current Price: $3,400 List Date: 3/22/2023 Last Modified: 2/22/2025

Overview

Description

Live the Nocatee Lifestyle in this freshly painted 4 bedroom rental. This home has new Carpet in the bedrooms and a fenced backyard. Enjoy this single level living with a 2 car garage, large kitchen with granite counters and access to all Nocatee amenities. 12 mo lease and Pets are allowed with a small Pet fee. Please call the owner directly to schedule a showing. Home is available starting April 1, 2023.

Listing Details MLS# 1218329

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2027
Living Area Source: Public Records
Year Built: 2014
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Directions: From valley Grove, turn into Brookwood on Willow Ridge and home is on the left after about a half a mile
Public Remarks: Live the Nocatee Lifestyle in this freshly painted 4 bedroom rental. This home has new Carpet in the bedrooms and a fenced backyard. Enjoy this single level living with a 2 car garage, large kitchen with granite counters and access to all Nocatee amenities. 12 mo lease and Pets are allowed with a small Pet fee. Please call the owner directly to schedule a showing. Home is available starting April 1, 2023.
List Price/SqFt: 1.58
Sold Price/SqFt: 1.68

Property Features

Architectural Style: Ranch Appliances: Disposal; Dryer; Gas Range; Gas Water Heater; Microwave; Washer Interior Features: Entrance Foyer; Kitchen Island; Walk-In Closet(s) Patio And Porch Features: Screened Pool Features: None Association Amenities: Children's Pool; Community Pool; Tennis Court(s) Parking Features: Additional Parking Security Features: Smoke Detector(s) Fencing: Back Yard; Fenced; Wood Cooling: Central Air Heating: Central; Heat Pump Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-03-22
Lease Term: 12 Months

Location Tax and Legal

Street Number: 255
Street Name: WILLOW RIDGE
Street Suffix: Drive
State: FL
County: Duval
Postal Code: 32081
MLS Area Major: 029-Nocatee (Duval County)
Subdivision Name: Brookwood

Status Change Information

Major Change Timestamp: 2023-04-02T16:22:39Z
Major Change Type: Status Change
Purchase Contract Date: 2023-04-02
Close Date: 2023-04-02
Close Price: 3400

Deposits and Fees

Pet Fee/Deposit: 300
Security Deposit: 3200

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: 1st of Month, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Tile Floors: Y, Min Lease/Rent Term: 12, Covenants/Restrictions: Y, Dining-Living/Dining Combo: Y, Soccer Field(s): Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 3: Date Available: April 1, 2023

Room Information

Room Name
Utility Room

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: February - 22 - 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.

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