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.

3575 HERON Drive S, Jacksonville Beach, FL 32250 (MLS# 1110863)

3575 HERON Drive S, Jacksonville Beach, FL 32250

$420,000

Virtual Tour

https://www.zillow.com/view-3d-home/3c6ba163-aabd-4b68-b338-12a2f3173075/?utm_source=captureapp

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,921 Status: Closed

Current Price: $420,000 List Date: 5/19/2021 Last Modified: 2/08/2025

Overview

Description

This Jacksonville Beach home is located in highly desirable Riptide community. Large 3 bedrooms and 2 bathrooms. Covered lanai with a beautiful lake view. Home is being sold as is. South Jax Beach living at it's best. Close to shopping, entertainment and the beach. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. All financed offers to be pre-approved by Seller's Preferred Lender CrossCountry Mortgage. CrossCountry Mortgage to offer a $500 credit towards closing costs.

Listing Details MLS# 1110863

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1921
Living Area Source: Public Records
Year Built: 1990
Association YN: Yes
Association Fee: 370
Association Fee Frequency: Annually
Association Name: Kingdom Management
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: East on JTB (202) Exit Marsh Landing. Left at light onto South Beach Parkway. Left at the entrance to Rip Tide Blvd. Left on Heron Drive South. Home is on the left.
Public Remarks: This Jacksonville Beach home is located in highly desirable Riptide community. Large 3 bedrooms and 2 bathrooms. Covered lanai with a beautiful lake view. Home is being sold as is. South Jax Beach living at it's best. Close to shopping, entertainment and the beach. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. All financed offers to be pre-approved by Seller's Preferred Lender CrossCountry Mortgage. CrossCountry Mortgage to offer a $500 credit towards closing costs.
List Price/SqFt: 228.53
Sold Price/SqFt: 218.64

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Tub with Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Vinyl Cooling: Central Air Heating: Central Water Source: Private; Public Sewer: Private Sewer Security Features: Smoke Detector(s) Construction Materials: Brick; Wood Siding Patio And Porch Features: Front Porch; Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Additional Parking Waterfront Features: Lake Front Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-05-19

Location Tax and Legal

Street Number: 3575
Street Name: HERON
Street Suffix: Drive
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 214-Jacksonville Beach-SW
Subdivision Name: Riptide

Status Change Information

Major Change Timestamp: 2021-08-12T15:17:39Z
Major Change Type: Status Change
Purchase Contract Date: 2021-06-15
Close Date: 2021-08-11
Close Price: 420000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Energy Features-Forced Air: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y

Room Information

Room Name
Family Room

Listing Office: DJ & LINDSEY REAL ESTATE

Last Updated: February - 08 - 2025

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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