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.

263 STONEWELL Drive, St. Johns, FL 32259 (MLS# 2111157)

263 STONEWELL Drive, St. Johns, FL 32259

$4,000

Property Type: Residential Lease Bedrooms: 4 Baths: 5 Square Footage: 3,909 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $4,000 List Date: 9/30/2025 Last Modified: 5/27/2026

Overview

Description

Crafted by award-winning builder Toll Brothers, The stacked stone exterior and pavered driveway lead to a grand entry with a sweeping staircase, wood railing, and iron balusters. Inside, the open floor plan boasts 5 bedrooms, 3 full baths, and 2 half baths. The chef's kitchen features granite counters, 42'' raised-panel cabinets, stainless appliances, island cooktop, breakfast bar, butler's pantry, built-in desk, and large storage pantry. The family room impresses with soaring ceilings, a gas fireplace, and a custom 16' wall of cabinetry for exceptional storage—perfect for entertaining in style. Downstairs Master bedroom with 2 large walk in closets. 2 Screened in patios backs up to a private preserve for privacy. 2 of the upstairs bedrooms have a Jack and Jill bath. The other bedroom and full bathroom is off the Gameroom/Media room. The amenities center has a beautiful pool, playground, soccer field and a pond. Seller offering $10,000 credit for new carpet and LVP.

Listing Details MLS# 2111157

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 2
Bathrooms Total: 5
Living Area: 3909
Living Area Source: Appraiser
Year Built: 2008
Lot Size Acres: 0.28
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: South on SR 13. Left onto Greenbriar. Left onto Stonewell Dr. Stay right at round about. House on left.
Public Remarks: Crafted by award-winning builder Toll Brothers, The stacked stone exterior and pavered driveway lead to a grand entry with a sweeping staircase, wood railing, and iron balusters. Inside, the open floor plan boasts 5 bedrooms, 3 full baths, and 2 half baths. The chef's kitchen features granite counters, 42'' raised-panel cabinets, stainless appliances, island cooktop, breakfast bar, butler's pantry, built-in desk, and large storage pantry. The family room impresses with soaring ceilings, a gas fireplace, and a custom 16' wall of cabinetry for exceptional storage—perfect for entertaining in style. Downstairs Master bedroom with 2 large walk in closets. 2 Screened in patios backs up to a private preserve for privacy. 2 of the upstairs bedrooms have a Jack and Jill bath. The other bedroom and full bathroom is off the Gameroom/Media room. The amenities center has a beautiful pool, playground, soccer field and a pond. Seller offering $10,000 credit for new carpet and LVP.
List Price/SqFt: 1.02
Sold Price/SqFt: 1.02

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Laundry Features: Electric Dryer Hookup; Washer Hookup Association Amenities: Community Pool; Park; Playground Water Source: Public Parking Features: Attached; Garage Sewer: Public Sewer Fencing: Back Yard Utilities: Electricity Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Tenant Pays: All Utilities; Cable TV Pets Allowed: Yes; Breed Restrictions; Number Limit

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-09-29
Lease Term: 12 Months

Location Tax and Legal

Street Number: 263
Street Name: STONEWELL
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: The Colony At Greenbriar

Status Change Information

Major Change Timestamp: 2025-10-27T21:33:20Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-21
Close Date: 2025-10-24
Close Price: 4000

Deposits and Fees

Pet Fee/Deposit: 300

More Information

Listing Office: KELLER WILLIAMS REALTY AT THE LAKES

Last Updated: May - 27 - 2026

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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