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.

349 ROYAL TERN Road, Ponte Vedra Beach, FL 32082 (MLS# 1080677)

349 ROYAL TERN Road, Ponte Vedra Beach, FL 32082

$1,249,500

Virtual Tour

https://www.plaidpix.com/349rtr

349-Royal-Tern-Road-S-Ponte-Vedra-Beach-

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,571 Status: Closed

Current Price: $1,249,500 List Date: 10/30/2020 Last Modified: 8/11/2026

Overview

Description

Completely Renovated 5 Bedroom Coastal Farmhouse Privately situated on the 4th Fairway of the Marsh Landing Golf Course. You will be amazed by the abundance of natural light. A few of the luxury features includes a Gorgeous White Kitchen with Custom Cabinetry, Viking Appliances, Built-in Counter Depth Refrigerator, 6 Burner Gas Range, Built in Drawer Microwave, Dishwasher, and Fantasy Brown Leather Counter Tops imported from India. Adjacent Family Room includes custom shelving and a Gas Log Fireplace wrapped in Ship Lap. Private Study & the main living area has beautiful & functional Wide-Planked Provenza Moda Flooring, but by far your favorite room will be Sitting Poolside enjoying the 180 degree views of the Golf Course enjoying memories your Family & Friend's Will Never Ever Forget!

Listing Details MLS# 1080677

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 4571
Living Area Source: Public Records
Year Built: 1997
Association YN: Yes
Association Fee: 268.38
Association Fee Frequency: Quarterly
Association Name: Marsh Landing Mgmt.
Association Phone: 904-273-3033
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: A1A North to Ponte Vedra Lakes Blvd to Marsh Landing Subdivision on the left. Check in with Guard, proceed down Marsh Landing Pkwy. Rt. on Kingfisher. turn left on Royal Tern Rd. S. to #349 on right
Public Remarks: Completely Renovated 5 Bedroom Coastal Farmhouse Privately situated on the 4th Fairway of the Marsh Landing Golf Course. You will be amazed by the abundance of natural light. A few of the luxury features includes a Gorgeous White Kitchen with Custom Cabinetry, Viking Appliances, Built-in Counter Depth Refrigerator, 6 Burner Gas Range, Built in Drawer Microwave, Dishwasher, and Fantasy Brown Leather Counter Tops imported from India. Adjacent Family Room includes custom shelving and a Gas Log Fireplace wrapped in Ship Lap. Private Study & the main living area has beautiful & functional Wide-Planked Provenza Moda Flooring, but by far your favorite room will be Sitting Poolside enjoying the 180 degree views of the Golf Course enjoying memories your Family & Friend's Will Never Ever Forget!
List Price/SqFt: 273.35
Sold Price/SqFt: 273.35

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Gas Range; Gas Water Heater; Ice Maker; Microwave Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Propane Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Exterior Features: Balcony Patio And Porch Features: Front Porch; Patio Pool Features: In Ground Roof: Shingle Parking Features: Detached; Garage; Garage Door Opener Lot Features: On Golf Course View: Golf Course Current Use: Residential; Single Family Association Amenities: Fitness Center; Golf Course; Security; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-10-30

Location Tax and Legal

Street Number: 349
Street Name: ROYAL TERN
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 252-Ponte Vedra Beach-W Of A1A-N Of Solana Rd
Subdivision Name: Marsh Landing

Status Change Information

Major Change Timestamp: 2021-02-08T16:26:31Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-15
Close Date: 2021-02-05
Close Price: 1249500

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y, Side Entry Garage: Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, See Private Remarks

Room Information

Room Name
Living Room
Family Room
Office
Utility Room

Documents

ROOF WARRANTY ›

SURVEY ›

Seller Disclosure ›

Listing Office: EDGEWATER COMPANIES INC

Last Updated: August - 11 - 2026

Information deemed reliable but not guaranteed.