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.

27 CLOVERBROOK Road, St. Johns, FL 32259 (MLS# 2138197)

27 CLOVERBROOK Road, St. Johns, FL 32259

$505,000

Virtual Tour

https://www.zillow.com/view-imx/25356594-c44d-4e6b-859f-6e396623c72d?initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,030 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $505,000 List Date: 4/03/2026 Last Modified: 7/22/2026

Overview

Description

Rates as low as 4.5% for qualified buyers plus seller offering a painting credit, creating an incredible opportunity to own in one of Northeast Florida's premier master-planned communities. Welcome to RiverTown living at its finest. Located on a quiet cul-de-sac in the highly sought-after Homestead District, this beautifully updated home blends comfort, style, and everyday functionality with peaceful preserve views and resort-style amenities just moments away. Inside, the open-concept layout is filled with natural light and features tile flooring throughout the main living areas, 8-foot doors, designer shiplap accents, updated lighting, and a spacious kitchen with quartz countertops, stainless steel appliances, modern cabinetry, and a large island ideal for entertaining. The split-bedroom floor plan offers both privacy and flexibility,

Supplements: Rates as low as 4.5% for qualified buyers plus seller offering a painting credit, creating an incredible opportunity to own in one of Northeast Florida's premier master-planned communities. Welcome to RiverTown living at its finest. Located on a quiet cul-de-sac in the highly sought-after Homestead District, this beautifully updated home blends com ... (Read more)

Listing Details MLS# 2138197

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2030
Living Area Source: Public Records
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.16
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2514.08
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: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: At the roundabout, take the first exit onto Rafter Tail Ln Turn right onto Kendall Crossing Drive Turn left onto Tarklin Rd Turn right onto Indian Grass Dr Turn right onto Cloverbrook Rd
Public Remarks: Rates as low as 4.5% for qualified buyers plus seller offering a painting credit, creating an incredible opportunity to own in one of Northeast Florida's premier master-planned communities. Welcome to RiverTown living at its finest. Located on a quiet cul-de-sac in the highly sought-after Homestead District, this beautifully updated home blends comfort, style, and everyday functionality with peaceful preserve views and resort-style amenities just moments away. Inside, the open-concept layout is filled with natural light and features tile flooring throughout the main living areas, 8-foot doors, designer shiplap accents, updated lighting, and a spacious kitchen with quartz countertops, stainless steel appliances, modern cabinetry, and a large island ideal for entertaining. The split-bedroom floor plan offers both privacy and flexibility,
List Price/SqFt: 248.77
Sold Price/SqFt: 248.77

Property Features

Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Range; Microwave; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement; Frame Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac Fencing: Fenced; Full Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Tennis Court(s); Other Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan