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.

31 BALMORAL CASTLE Drive, St. Johns, FL 32259 (MLS# 2035216)

31 BALMORAL CASTLE Drive, St. Johns, FL 32259

$485,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,923 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $485,000 List Date: 7/04/2024 Last Modified: 2/07/2026

Overview

Description

Welcome to your upgraded dream home in the sought-after Aberdeen community of St. John's County! This beautifully appointed 4-bedroom, 2-bathroom residence offers an array of custom features and modern amenities. Step inside to discover custom lighting throughout and oversized bedrooms that provide ample space for relaxation. The kitchen boasts a sleek single-hole sink and a pantry with custom cabinetry, perfect for all your storage needs. The laundry room also features custom cabinetry, adding both style and functionality. Outside, enjoy the expansive paver patio, ideal for entertaining or simply unwinding. Plus, take advantage of an attractive assumable rate VA loan. Don't miss this opportunity to own a stunning home in a prime location!

Listing Details MLS# 2035216

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1923
Living Area Source: Public Records
Year Built: 2019
Lot Size Acres: 0.2
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1779.7
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
Stories: Yes
Senior Community YN: No
Directions: From 95 turn onto CR-210 W-2.0 mi; right onto St Johns Pkwy - 1.7 mi; left onto Longleaf Pine Pkwy - Approx. 3 mi; Left on Shetland Dr; Left on Balmoral Castle Dr
Public Remarks: Welcome to your upgraded dream home in the sought-after Aberdeen community of St. John's County! This beautifully appointed 4-bedroom, 2-bathroom residence offers an array of custom features and modern amenities. Step inside to discover custom lighting throughout and oversized bedrooms that provide ample space for relaxation. The kitchen boasts a sleek single-hole sink and a pantry with custom cabinetry, perfect for all your storage needs. The laundry room also features custom cabinetry, adding both style and functionality. Outside, enjoy the expansive paver patio, ideal for entertaining or simply unwinding. Plus, take advantage of an attractive assumable rate VA loan. Don't miss this opportunity to own a stunning home in a prime location!
List Price/SqFt: 252.21
Sold Price/SqFt: 252.21

Property Features

Appliances: Dishwasher; Gas Range Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Pantry; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Roof: Shingle Parking Features: Garage Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Community Pool Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-07-03

Location Tax and Legal

Street Number: 31
Street Name: BALMORAL CASTLE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2024-08-30T23:23:53Z
Major Change Type: Status Change
Purchase Contract Date: 2024-07-10
Close Date: 2024-08-30
Close Price: 485000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: February - 07 - 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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