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.

294 STONEWELL Drive, St. Johns, FL 32259 (MLS# 2144439)

294 STONEWELL Drive, St. Johns, FL 32259

$720,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,761 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $720,000 List Date: 5/09/2026 Last Modified: 7/17/2026

Overview

Description

Beautiful well cared for 5/4 Waterfront property in quiet Family Friendly Neighborhood. This full Stucco Home features lots of Curb Appeal, Courtyard Entry, 3-Car Gar, Large Paver Driveway. NEW ROOF, Fresh Paint. Enter through Grand Foyer to 12 Ft Ceilings and Hardwood Flooring in main Living areas, Dbl Crown Molding, 6'' Baseboards, Plantation Shutters throughout, Sep Dining Room, Living Room, and Family Room with a Gas Fireplace. Master BR with Sitting area, Trey Ceiling, His and Hers Walk-in Closets, Newer Carpet. Master Bath has Dbl Vanities, Large Shower with sep Garden Tub, Fully Loaded Gourmet Kitchen with Island, Recessed Lighting, under Cherry Wood Cabinet Lighting, Stainless Appliances, Breakfast Bar, sep Eating Area. Ceramic Tile in wet areas, Newer Carpet in Bedrooms. Relax on the Lanai looking out at the water and Protected Preserve. Deer hang out with the Ducks and Hawks. Or Relax at the Community Pool. Other Amenities, Children play area, Cabana, Soccer Field. Must see!

Listing Details MLS# 2144439

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3616
Living Area Source: Public Records
Building Area Total: 4761
Year Built: 2010
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.28
Association YN: Yes
Association Fee: 455
Association Fee Frequency: Quarterly
Association Name: The Colony @ Greenbriar HOA
Association Phone: 904 295 3921
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Negotiable
Stories: 2
Senior Community YN: No
Direction Faces: West
Directions: From 295 go S on San Jose Blvd/SR 13 to L on Greenbriar, L on Winchester, R on Stonewell, 294 on the Right.
Public Remarks: Beautiful well cared for 5/4 Waterfront property in quiet Family Friendly Neighborhood. This full Stucco Home features lots of Curb Appeal, Courtyard Entry, 3-Car Gar, Large Paver Driveway. NEW ROOF, Fresh Paint. Enter through Grand Foyer to 12 Ft Ceilings and Hardwood Flooring in main Living areas, Dbl Crown Molding, 6'' Baseboards, Plantation Shutters throughout, Sep Dining Room, Living Room, and Family Room with a Gas Fireplace. Master BR with Sitting area, Trey Ceiling, His and Hers Walk-in Closets, Newer Carpet. Master Bath has Dbl Vanities, Large Shower with sep Garden Tub, Fully Loaded Gourmet Kitchen with Island, Recessed Lighting, under Cherry Wood Cabinet Lighting, Stainless Appliances, Breakfast Bar, sep Eating Area. Ceramic Tile in wet areas, Newer Carpet in Bedrooms. Relax on the Lanai looking out at the water and Protected Preserve. Deer hang out with the Ducks and Hawks. Or Relax at the Community Pool. Other Amenities, Children play area, Cabana, Soccer Field. Must see!
List Price/SqFt: 204.65
Sold Price/SqFt: 199.12

Property Features

Architectural Style: Traditional Levels: One and One Half Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: In Unit; Lower Level Utilities: Cable Connected; Electricity Connected; Water Connected Cooling: Central Air; Multi Units Heating: Central; Electric; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Few Trees; Sprinklers In Front; Sprinklers In Rear View: Pond; Protected Preserve Waterfront Features: Pond Fencing: Back Yard; Fenced; Wrought Iron Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Gated; Playground; Other 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