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.

262 KILLARNEY Avenue, St. Johns, FL 32259 (MLS# 2127882)

262 KILLARNEY Avenue, St. Johns, FL 32259

$530,000

Virtual Tour

https://my.matterport.com/show/?m=GbcT5QDZUnN&brand=0&mls=1&

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,931 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $530,000 List Date: 1/31/2026 Last Modified: 10/13/2026

Overview

Description

Beautifully maintained two-story single-family home featuring 4 bedrooms and 3.5 baths, ideally situated on an oversized lot with a serene water view in a desirable golf cart-friendly community. This upgraded residence offers a thoughtful and functional floor plan designed for comfort and convenience. The primary suite is located on the first floor and includes a step-in shower and oversized walk-in closet. The laundry room is also conveniently located on the main level. Flooring throughout the home includes a combination of carpet and ceramic tile.. Upstairs, you will find a versatile loft area perfect for office or flex space. The second bedroom features a private en suite bath, while the third and fourth bedrooms share a Jack-and-Jill bathroom, offering an ideal layout for family or guests. Enjoy outdoor living in the screened lanai overlooking a fully fenced backyard, providing privacy and space to relax or entertain and doggie door for your furry family.

Supplements: Residents enjoy access to outstanding resort-style amenities, including a 14-acre crystal lagoon, pickleball and tennis courts, dog splash park, fitness gym, cafe area, slides and a swim-up bar. Also has kayak and paddleboard access at the lagoon. This home combines comfortable living with an active, amenity-rich lifestyle in a sought after communi ... (Read more)

Listing Details MLS# 2127882

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2265
Living Area Source: Public Records
Building Area Total: 2931
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
Association YN: Yes
Association Fee: 605
Association Fee Frequency: Quarterly
Association Fee 2: 335.48
Association Fee 2 Frequency: Monthly
Association Name: TPAM
Association Phone: 904-295-3921
CDD Fee YN: Yes
CDD Fee Amount: 3850.26
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
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From I-95 and CR 210. Go east on 210. Left onto Beachwalk Blvd. Left onto Albany Bay Blvd. Left on Killarney. House will be the 3rd house on the left.
Public Remarks: Beautifully maintained two-story single-family home featuring 4 bedrooms and 3.5 baths, ideally situated on an oversized lot with a serene water view in a desirable golf cart-friendly community. This upgraded residence offers a thoughtful and functional floor plan designed for comfort and convenience. The primary suite is located on the first floor and includes a step-in shower and oversized walk-in closet. The laundry room is also conveniently located on the main level. Flooring throughout the home includes a combination of carpet and ceramic tile.. Upstairs, you will find a versatile loft area perfect for office or flex space. The second bedroom features a private en suite bath, while the third and fourth bedrooms share a Jack-and-Jill bathroom, offering an ideal layout for family or guests. Enjoy outdoor living in the screened lanai overlooking a fully fenced backyard, providing privacy and space to relax or entertain and doggie door for your furry family.
List Price/SqFt: 240.57
Sold Price/SqFt: 234

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 7 Months Appliances: Dishwasher; Electric Oven; Gas Range; Microwave; Tankless Water Heater; Water Softener Owned Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Jack and Jill Bath; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: In Unit; Lower Level Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Concrete Patio And Porch Features: Covered; Rear Porch; Screened Roof: Shingle Parking Features: Covered; Garage; Garage Door Opener; Guest Lot Features: Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Pond; Water Waterfront Features: Pond Fencing: Back Yard; Wrought Iron Current Use: Residential; Single Family Association Amenities: Clubhouse; Dog Park; Fitness Center; Pickleball; Playground; Tennis Court(s); Water; Other Association Fee Includes: Maintenance Grounds Community Features: Curbs; Sidewalks; Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bathroom 2; Bathroom 3; Bathroom 4; Bathroom 5; Bedroom 2; Bedroom 3; Bedroom 4; Kitchen; Laundry; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-01-29

Location Tax and Legal

Street Number: 262
Street Name: KILLARNEY
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: The Reef

Status Change Information

Major Change Timestamp: 2026-05-06T01:18:49Z
Major Change Type: Status Change
Purchase Contract Date: 2026-04-14
Close Date: 2026-05-05
Close Price: 530000

DPR Eligible

DPR Eligible: No

More Information

Room Information

Room Name	Length	Width
Bathroom 2	6.47	8.13
Bathroom 3	5.03	10.03
Bathroom 4	5.04	8.13
Bathroom 5	3.64	5.32
Bedroom 2	16.26	13.06
Bedroom 3	12.12	12.04
Bedroom 4	12.02	12.03
Kitchen
Laundry	5.97	7.32
Primary Bathroom	10.48	11.02
Primary Bedroom	14.74	14.98

Documents

Seller's Disclosure ›

Survey ›

Listing Office: WATSON REALTY CORP

Last Updated: October - 13 - 2026

Information deemed reliable but not guaranteed.