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.

272 WYE Road, St. Johns, FL 32259 (MLS# 2149007)

272 WYE Road, St. Johns, FL 32259

$499,900

Virtual Tour

https://view.homeprimemedia.com/order/a8235c86-cbc4-4723-fff7-08ded043f953?branding=false

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,688 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $499,900 List Date: 6/08/2026 Last Modified: 10/06/2026

Overview

Description

**$499,900 • NO CDD FEES • PRICED TO SELL, This home priced BELOW RECENT NEIGHBORHOOD SALES! Possible Seller financing with an acceptable offer. Why pay more for the same floor plan? This nearly new Toll Brothers home in St. Johns gives you the quality and design buyers love at a price that lets you add your own personal touches. The gourmet kitchen is a cook's dream, with a gas range, upgraded double oven, classic subway tile backsplash, and a built-in water filtration system. A whole-home water softener and durable epoxy-coated garage floors add everyday comfort and easy care. Step outside to the best part: your backyard sits against a private fence and a peaceful preserve, so you'll enjoy wooded views and quiet with no rear neighbors. All this with NO CDD fees and St. Johns County schools. Homes in this community rarely come along at this price, and Toll Brothers is nearly sold out. Schedule your private showing today before someone else claims this incredible value!

Listing Details MLS# 2149007

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1801
Living Area Source: Appraiser
Building Area Total: 2688
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.15
Association YN: Yes
Association Fee: 153
Association Fee Frequency: Monthly
CDD Fee YN: No
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
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: from 95 S. go to 9B, go to SR 210 turn right. Go to Bridgeton St. turn right on Wye and 272 is down in culdesac on right.
Public Remarks: **$499,900 • NO CDD FEES • PRICED TO SELL, This home priced BELOW RECENT NEIGHBORHOOD SALES! Possible Seller financing with an acceptable offer. Why pay more for the same floor plan? This nearly new Toll Brothers home in St. Johns gives you the quality and design buyers love at a price that lets you add your own personal touches. The gourmet kitchen is a cook's dream, with a gas range, upgraded double oven, classic subway tile backsplash, and a built-in water filtration system. A whole-home water softener and durable epoxy-coated garage floors add everyday comfort and easy care. Step outside to the best part: your backyard sits against a private fence and a peaceful preserve, so you'll enjoy wooded views and quiet with no rear neighbors. All this with NO CDD fees and St. Johns County schools. Homes in this community rarely come along at this price, and Toll Brothers is nearly sold out. Schedule your private showing today before someone else claims this incredible value!
List Price/SqFt: 277.57

Property Features

Architectural Style: Patio Home; Traditional Levels: One Property Condition: Updated/Remodeled Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Gas Cooktop; Gas Water Heater; Ice Maker; Washer; Water Softener Owned Interior Features: Butler Pantry; Entrance Foyer; Jack and Jill Bath; Kitchen Island; Open Floorplan; Smart Thermostat; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Locks; Monitoring; Programmable Thermostat Construction Materials: Wood Siding Other Structures: Tennis Court(s) Patio And Porch Features: Awning(s); Covered; Front Porch; Rear Porch Spa Features: Community Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Few Trees; Sprinklers In Front; Sprinklers In Rear View: Trees/Woods Fencing: Vinyl Current Use: Single Family Association Amenities: Clubhouse; Community Pool; Maintenance Grounds; Pickleball; Playground; Tennis Court(s); Trash Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-05-31

Location Tax and Legal

Street Number: 272
Street Name: WYE
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mill Creek Forest

Status Change Information

Major Change Timestamp: 2026-08-13T13:25:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-13T13:25:00Z

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: PUBLIC SERVICES REALTY

Last Updated: October - 06 - 2026

Information deemed reliable but not guaranteed.