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.

344 W ADELAIDE Drive, St. Johns, FL 32259 (MLS# 2103140)

344 W ADELAIDE Drive, St. Johns, FL 32259

$510,100

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,935 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $510,100 List Date: 8/09/2025 Last Modified: 2/11/2026

Overview

Description

***Just Reduced $20,000! / Move-In Ready 5 Bedroom, 4 Bath Home!*** Featuring two HVAC units—one just 2 years old and the other brand new—you can move in with confidence! This spacious 5-bedroom, 4-bath home with a 3-car garage offers comfort and style in a desirable setting with no backyard neighbors. Inside, the main level showcases hardwood flooring in the common areas and downstairs bedrooms. The owner's suite features a generous walk-in closet, dual vanities, and a separate shower. The main floor also offers an eat-in kitchen with stainless steel appliances, three additional bedrooms, and two full baths. Upstairs, you'll find a private ensuite/loft with its own full bath—ideal for guests, media room, etc.! Outdoor living is just as inviting, with a screened-in back porch and a separate paved patio perfect for entertaining, all enclosed by a low-maintenance white vinyl fence. This home is truly move-in ready—schedule your showing today!

Listing Details MLS# 2103140

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2935
Living Area Source: Public Records
Year Built: 2012
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.23
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2116.32
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: No
Stories: 2
Senior Community YN: No
Direction Faces: Northeast
Directions: From SR 9B, North on St. Johns Pkwy, Left on Longleaf Pine Pkwy, Right on Prince Albert Ave, Left on W Adelaide Dr, property on Left.
Public Remarks: ***Just Reduced $20,000! / Move-In Ready 5 Bedroom, 4 Bath Home!*** Featuring two HVAC units—one just 2 years old and the other brand new—you can move in with confidence! This spacious 5-bedroom, 4-bath home with a 3-car garage offers comfort and style in a desirable setting with no backyard neighbors. Inside, the main level showcases hardwood flooring in the common areas and downstairs bedrooms. The owner's suite features a generous walk-in closet, dual vanities, and a separate shower. The main floor also offers an eat-in kitchen with stainless steel appliances, three additional bedrooms, and two full baths. Upstairs, you'll find a private ensuite/loft with its own full bath—ideal for guests, media room, etc.! Outdoor living is just as inviting, with a screened-in back porch and a separate paved patio perfect for entertaining, all enclosed by a low-maintenance white vinyl fence. This home is truly move-in ready—schedule your showing today!
List Price/SqFt: 176.83
Sold Price/SqFt: 173.8

Property Features

Architectural Style: Traditional Levels: Two Appliances: Convection Oven; Dishwasher; Disposal; Electric Cooktop; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Multi Units Heating: Central; Electric Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Smoke Detector(s) Construction Materials: Composition Siding; Stucco Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve; Trees/Woods Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Community Pool; Playground Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan