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 PORT Avenue, St. Johns, FL 32259 (MLS# 2088851)

31 PORT Avenue, St. Johns, FL 32259

$720,000

Virtual Tour

https://www.zillow.com/view-imx/2b1043a6-4098-4902-9a13-28a9453a5393?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 3,876 Lot Size (sq. ft.): 13,504 Status: Closed

Current Price: $720,000 List Date: 5/23/2025 Last Modified: 4/13/2026

Overview

Description

Welcome to this beautifully maintained home in the prestigious gated community of Julington Lakes, perfectly situated on a lake lot with stunning fountain views. Located in St. Johns County, this 3-bedroom residence with flex space and dedicated office offers the ideal blend of comfort & functionality. Step inside to find wood flooring in the main living areas, plantation shutters throughout, and all-new carpet in the bedrooms. The expanded master suite provides a luxurious retreat, while the open-concept kitchen is a chef's dream with a double oven and a convenient layout for entertaining. Enjoy year-round comfort with an updated AC system and peace of mind from the whole-house generator! The 3-car garage offers generous space and overhead storage, perfect for organizing. Home comes with soft water system. Outside, the screened-in paved lanai with vinyl windows invites you to relax and enjoy the serene lake view — with room to add a pool if desired. Don't miss this opportunity!

Listing Details MLS# 2088851

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2646
Living Area Source: Public Records
Building Area Total: 3876
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.31
Association YN: Yes
Association Fee: 550
Association Fee Frequency: Quarterly
Association Fee 2: 775
Association Fee 2 Frequency: One Time
Association Name: May Management
Association Phone: 904-940-1002x982
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
Stories: Yes
Senior Community YN: No
Direction Faces: North
Directions: From exit 210 and 95, head west to Rusell Sampson Rd., make a right. At roundabout, take the 3rd exit to continue onto Russell Sampson for 4.5 miles (Russell Sampson becomes Longleaf Pine Parkway). Turn right onto Julington Lakes Dr. 2nd stop sign, make a left onto Port Ave. Home immediately on left corner.
Public Remarks: Welcome to this beautifully maintained home in the prestigious gated community of Julington Lakes, perfectly situated on a lake lot with stunning fountain views. Located in St. Johns County, this 3-bedroom residence with flex space and dedicated office offers the ideal blend of comfort & functionality. Step inside to find wood flooring in the main living areas, plantation shutters throughout, and all-new carpet in the bedrooms. The expanded master suite provides a luxurious retreat, while the open-concept kitchen is a chef's dream with a double oven and a convenient layout for entertaining. Enjoy year-round comfort with an updated AC system and peace of mind from the whole-house generator! The 3-car garage offers generous space and overhead storage, perfect for organizing. Home comes with soft water system. Outside, the screened-in paved lanai with vinyl windows invites you to relax and enjoy the serene lake view — with room to add a pool if desired. Don't miss this opportunity!
List Price/SqFt: 275.51
Sold Price/SqFt: 272.11

Property Features

Architectural Style: Craftsman Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Double Oven; Dryer; Electric Oven; Gas Cooktop; Gas Water Heater; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Available; Natural Gas Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Fiber Cement Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear View: Lake Waterfront Features: Lake Front Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Playground; Security; Tennis Court(s) Community Features: Gated; Sidewalks; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection