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.

365 N LOMBARDY Loop, St. Johns, FL 32259 (MLS# 2120121)

365 N LOMBARDY Loop, St. Johns, FL 32259

$960,000

Virtual Tour

https://tours.megapixeler.com/tours/z4dol6-06

112-web-or-mls-Julington Creek Plantaion

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,891 Lot Size (sq. ft.): 17,424 Status: Closed

Current Price: $960,000 List Date: 3/03/2026 Last Modified: 7/22/2026

Overview

Description

Experience refined lakeside living in this meticulously maintained estate home, located in the desirable Plantation Estates. Boasting five bedrooms and four and a half bathrooms, this residence offers nearly 4,000 square feet of thoughtfully designed living space. The open floor plan seamlessly connects formal living and dining rooms with a grand family room highlighted by a striking stone fireplace. The gourmet kitchen is a culinary haven, featuring custom cabinetry, KitchenAid appliances, a spacious center island, and a cozy breakfast nook, perfect for everyday meals and entertaining guests. The primary suite exudes comfort and privacy, while a first-floor guest suite offers an inviting retreat for visitors. Upstairs, a versatile bonus room includes a large walk-in closet, a full bath, and a convenient wet bar, providing flexible space for relaxation, entertainment or fifth bedroom. Step outside to your own private oasis, where a sparkling pool with a cascading waterfall, hot tub,

Supplements: and an expansive paver deck set the stage for relaxation and outdoor enjoyment. Serene lake views enhance the tranquil ambiance, creating a picturesque backdrop for every moment. Throughout the home, plantation shutters, rich wood and tile flooring, and refined finishes contribute to its timeless appeal. Residents benefit from proximity to top rate ... (Read more)

Listing Details MLS# 2120121

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3891
Living Area Source: Public Records
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.4
Association YN: Yes
Association Fee: 495
Association Fee Frequency: Quarterly
Association Fee 2: 490
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1486.16
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: Yes
Stories: 2
Senior Community YN: No
Directions: From I‑295, head south on Highway 13 and cross the Julington Creek Bridge. Turn left onto Racetrack Road, then left onto Flora Branch Boulevard. Go through the guard gate into Plantation Estates. Turn left on Estates Way, then right on Lombardy Loop. The house will be on your left.
Public Remarks: Experience refined lakeside living in this meticulously maintained estate home, located in the desirable Plantation Estates. Boasting five bedrooms and four and a half bathrooms, this residence offers nearly 4,000 square feet of thoughtfully designed living space. The open floor plan seamlessly connects formal living and dining rooms with a grand family room highlighted by a striking stone fireplace. The gourmet kitchen is a culinary haven, featuring custom cabinetry, KitchenAid appliances, a spacious center island, and a cozy breakfast nook, perfect for everyday meals and entertaining guests. The primary suite exudes comfort and privacy, while a first-floor guest suite offers an inviting retreat for visitors. Upstairs, a versatile bonus room includes a large walk-in closet, a full bath, and a convenient wet bar, providing flexible space for relaxation, entertainment or fifth bedroom. Step outside to your own private oasis, where a sparkling pool with a cascading waterfall, hot tub,
List Price/SqFt: 256.98
Sold Price/SqFt: 246.72

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Double Oven; Electric Water Heater; Gas Cooktop; Ice Maker; Microwave; Refrigerator; Water Softener Owned; Wine Cooler Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Entrance Foyer; Guest Suite; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Closed Circuit Camera(s); Gated with Guard; Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Patio; Screened Pool Features: In Ground; Salt Water Spa Features: Above Ground Roof: Shingle Parking Features: Garage View: Pond Waterfront Features: Pond Fencing: Back Yard Current Use: Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Golf Course; Park; Playground; Security; Tennis Court(s) Association Fee Includes: Security Community Features: Gated; Sidewalks; Street Lights; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan