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.

322 SOPHIA Terrace, St. Augustine, FL 32095 (MLS# 2171727)

322 SOPHIA Terrace, St. Augustine, FL 32095

New Listing

$1,298,000

Side Entry 3-Car Garage & Paver Driveway

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 3,916 Lot Size (sq. ft.): 20,909 Status: Active

Current Price: $1,298,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Situated on a private, nearly half-acre lot, this custom-built pool home is surrounded by natural landscape and towering oaks. This ideal open-concept floor plan offers six bedrooms, a first-floor bonus room, and over 3,900 square feet of living space. The spacious family room features 22-foot ceilings, second-story transom windows, built-in bookcases, and a gas fireplace. A slider door opens to a covered screened lanai overlooking the pool and preserve. The kitchen boasts crisp white cabinetry, a contrasting 9' island breakfast bar, a sunny eat-in dining space & a butler's pantry. Built for year-round indoor-outdoor entertaining, this thoughtfully designed floor plan flows effortlessly, with outdoor access from the family room, breakfast room & primary suite. Upstairs, you'll find a loft nook, four spacious bedrooms & two full bathrooms.

Supplements: Move-in ready, this home was freshly painted inside with new carpet added in the downstairs bedrooms. Outside, you'll find covered front and back porches, a heated saltwater pool and spa, and a fully fenced backyard with a well for irrigation. The attractive colonial exterior features low-maintenance Hardie siding, decorative shutters, a side- ent ... (Read more)

Listing Details MLS# 2171727

General Property Information

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3916
Living Area Source: Public Records
Year Built: 2014
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.48
Association YN: Yes
Association Fee: 125
Association Fee Frequency: Annually
Association Name: Vesta Property Services
CDD Fee YN: Yes
CDD Fee Amount: 3678.97
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Enter main Palencia entrance on US 1 at International Golf Dr., proceed to roundabout take the first exit go through the gate and turn R onto N. River Dr. Turn R onto Sophia Terrace. Home is on the Left
Public Remarks: Situated on a private, nearly half-acre lot, this custom-built pool home is surrounded by natural landscape and towering oaks. This ideal open-concept floor plan offers six bedrooms, a first-floor bonus room, and over 3,900 square feet of living space. The spacious family room features 22-foot ceilings, second-story transom windows, built-in bookcases, and a gas fireplace. A slider door opens to a covered screened lanai overlooking the pool and preserve. The kitchen boasts crisp white cabinetry, a contrasting 9' island breakfast bar, a sunny eat-in dining space & a butler's pantry. Built for year-round indoor-outdoor entertaining, this thoughtfully designed floor plan flows effortlessly, with outdoor access from the family room, breakfast room & primary suite. Upstairs, you'll find a loft nook, four spacious bedrooms & two full bathrooms.
List Price/SqFt: 331.46

Property Features

Architectural Style: Traditional Levels: Two Appliances: Convection Oven; Gas Cooktop; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Laminate; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio; Screened Pool Features: In Ground Spa Features: In Ground Roof: Shingle Parking Features: Attached Fencing: Back Yard; Wire Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Management - Full Time; Management - Off Site; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Gated; Sidewalks; Street Lights; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan