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.

285 N LAKE CUNNINGHAM Avenue, St. Johns, FL 32259 (MLS# 1075941)

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

$270,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,797 Status: Closed

Current Price: $270,000 List Date: 10/12/2020 Last Modified: 1/18/2026

Overview

Description

Attractive Ranch-style home in a nice neighborhood. Open floor plan; 3 bedrooms, 2 full baths; Master Bedroom with en-suite bath; great eat-in kitchen overlooking backyard with view of the lake; covered patio; 2-car garage; LOW HOA; NO CDD; Major appliances convey, Seller offering a 1 yr Home Warranty for buyer. Seller has never lived in the house.

Listing Details MLS# 1075941

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1797
Living Area Source: Public Records
Year Built: 2001
Association YN: Yes
Association Fee: 483
Association Fee Frequency: Annually
Association Name: Cunningham Creek
Association Phone: 9045145511
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Entry Level: Yes
Directions: From Longleaf Pine Pkwy., R to Roberts Rd., R onto Tiger Creek Pkwy., L on Lake Cunningham Ave., House on the left.
Public Remarks: Attractive Ranch-style home in a nice neighborhood. Open floor plan; 3 bedrooms, 2 full baths; Master Bedroom with en-suite bath; great eat-in kitchen overlooking backyard with view of the lake; covered patio; 2-car garage; LOW HOA; NO CDD; Major appliances convey, Seller offering a 1 yr Home Warranty for buyer. Seller has never lived in the house.
List Price/SqFt: 155.76
Sold Price/SqFt: 150.25

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Flat; Ranch Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Washer Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco; Vinyl Siding Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Waterfront Features: Pond Current Use: Residential Association Amenities: Community Pool; Playground Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-09-29

Location Tax and Legal

Street Number: 285
Street Direction Prefix: N
Street Name: LAKE CUNNINGHAM
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Cunningham Creek

Status Change Information

Major Change Timestamp: 2020-11-18T17:17:33Z
Major Change Type: Status Change
Purchase Contract Date: 2020-11-10
Close Date: 2020-11-18
Close Price: 270000

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y, Soccer Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: January - 18 - 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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