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.

308 MORRIS Loop, St. Johns, FL 32259 (MLS# 733788)

308 MORRIS Loop, St. Johns, FL 32259

$160,000

Barrel Racing, Hunter Jumper and Dressag

Property Type: Land Lot Size (sq. ft.): 132,422 Status: Closed

Current Price: $160,000 List Date: 8/23/2014 Last Modified: 12/30/2025

Overview

Description

Build your custom home in the upscale equestrian community, Whitelock Farms in St Johns County. Recent home sales in this community ranged from $575,000 to $1.3 million. This 3.04 regularly shaped lot backs to conservation. Enjoy the peace and quiet of the country yet conveniently close to ''A'' rated schools, shopping, I-95, Jacksonville and St Augustine. Underground electric and cable. Community features equestrian amenities- riding trails, barrel racing ring, hunter jumper & dressage arenas.

Listing Details MLS# 733788

General Property Information

Lot Size Acres: 3.04
Lot Size Dimensions: 251 x 451
CDD Fee YN: No
Association YN: Yes
Association Fee: 1600
Association Fee Frequency: Annually
Association Name: WHITELOCK FARMS
Water Body Access YN: No
Waterfront YN: No
Directions: From I-95 & CR210 - west on CR210, Right on Belmont Drive into Whitelock Farms, Left on Morris Loop - Property on Left
Public Remarks: Build your custom home in the upscale equestrian community, Whitelock Farms in St Johns County. Recent home sales in this community ranged from $575,000 to $1.3 million. This 3.04 regularly shaped lot backs to conservation. Enjoy the peace and quiet of the country yet conveniently close to ''A'' rated schools, shopping, I-95, Jacksonville and St Augustine. Underground electric and cable. Community features equestrian amenities- riding trails, barrel racing ring, hunter jumper & dressage arenas.
List Price/Acre: 57138.16
Sold Price/Acre: 52631.58

Property Features

Current Use: Horses; Residential; Single Family Lot Features: Wooded Sewer: Septic Tank Utilities: Sewer Not Available; Water Not Available Water Source: Well View: Protected Preserve Road Surface Type: Asphalt Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2014-08-23

Location Tax and Legal

Street Number: 308
Street Name: MORRIS
Street Suffix: Loop
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Whitelock Farms

Status Change Information

Major Change Timestamp: 2014-11-12T21:11:44Z
Major Change Type: Status Change
Purchase Contract Date: 2014-10-17
Close Date: 2014-11-11
Close Price: 160000

Historical Information

Public Historical Remarks 1: Lot Location-Subdivision: Y, Common ClubAmenities-Nature Trails: Y, Dev Stat/Restrict-Subj to Zoning Codes: Y, Dev Stat/Restrict-Convenants/Restrictn: Y, Lot Location-Suburban: Y, Restrict/Rquirmnts: Deed Restriction,Mobile Hme Not Allwd
Public Historical Remarks 2: Utilities-Underground: Y, Dev Stat/Restrict-Recorded Plat: Y, Dev Stat/Restrict-Deed Restriction: Y

More Information

Documents

Survey ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: December - 30 - 2025

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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