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.

256 N LAKE CUNNINGHAM Avenue, St. Johns, FL 32259 (MLS# 2057010)

256 N LAKE CUNNINGHAM Avenue, St. Johns, FL 32259

$505,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,212 Lot Size (sq. ft.): 16,117 Status: Closed

Current Price: $505,000 List Date: 11/16/2024 Last Modified: 12/15/2025

Overview

Description

Don't miss this rare opportunity to call Cunningham Creek Plantation home! This stunning 4-bedroom, 3-bath split-plan home offers the perfect blend of comfort and style. You'll fall in love with the giant fenced backyard, ideal for entertaining and outdoor activities, complete with a beautiful pool and expansive paver deck. Inside, enjoy an open floor plan with charming architectural details, including arches, niches, and built-ins, complemented by wood-like tile flooring throughout. Relax by the cozy wood-burning fireplace or retreat to the master suite, featuring elegant Italian tile in all bathrooms. The guest wing includes a full bath for added convenience. Step out onto the screened lanai, complete with a ceiling fan, and take in the serene surroundings. Located just a short bike ride from Cunningham Creek Elementary and the community's pool and playground, this home offers access to top-rated St. Johns County schools with no CDD fees!

Listing Details MLS# 2057010

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2212
Living Area Source: Public Records
Year Built: 2000
Lot Size Acres: 0.37
Association YN: Yes
Association Fee: 338
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: South on SR13/San Jose , left onto Roberts Rd, left on Tiger Creek Pkwy into subdivision, left on N Lake Cunningham Ave. House on right.
Public Remarks: Don't miss this rare opportunity to call Cunningham Creek Plantation home! This stunning 4-bedroom, 3-bath split-plan home offers the perfect blend of comfort and style. You'll fall in love with the giant fenced backyard, ideal for entertaining and outdoor activities, complete with a beautiful pool and expansive paver deck. Inside, enjoy an open floor plan with charming architectural details, including arches, niches, and built-ins, complemented by wood-like tile flooring throughout. Relax by the cozy wood-burning fireplace or retreat to the master suite, featuring elegant Italian tile in all bathrooms. The guest wing includes a full bath for added convenience. Step out onto the screened lanai, complete with a ceiling fan, and take in the serene surroundings. Located just a short bike ride from Cunningham Creek Elementary and the community's pool and playground, this home offers access to top-rated St. Johns County schools with no CDD fees!
List Price/SqFt: 232.82
Sold Price/SqFt: 228.3

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; In Unit Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Other Structures: Shed(s) Patio And Porch Features: Covered; Deck; Screened Pool Features: In Ground; Fenced; Screen Enclosure Roof: Shingle Parking Features: Garage; Garage Door Opener Fencing: Back Yard; Full; Wood Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing