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.

37 FERNBROOK Drive, St. Johns, FL 32259 (MLS# 2086819)

37 FERNBROOK Drive, St. Johns, FL 32259

$2,750

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,754 Status: Closed

Current Price: $2,750 List Date: 6/13/2025 Last Modified: 1/19/2026

Overview

Description

Welcome to this stunning and unique home offering 2,754 sq ft of thoughtfully designed living space with 4 bedrooms, 3 full bathrooms, and a 2-car garage. Step into a grand open foyer that flows into a formal dining area—perfect for entertaining. The heart of the home is the expansive kitchen featuring a large island, a butler's pantry, and a walk-in pantry for all your culinary storage needs. The kitchen seamlessly opens to a bright and inviting living room. The first-floor bedroom offers flexibility as a guest room, office, or playroom, with a full bathroom conveniently located nearby. Upstairs, the luxurious primary suite boasts a tray ceiling and generous space, along with a spa-like en suite bathroom complete with double vanities, a soaking tub, separate shower, and private toilet room.The spacious loft provides even more versatility. Laundry is a breeze with a washer and dryer included. Community ammeneties are included.

Listing Details MLS# 2086819

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2754
Living Area Source: Public Records
Year Built: 2016
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From the end of Hywy 9B take a right on St. Johns Pkwy then a left on Longleaf Pkwy. Turn right on Orchid Way, then a left on Fernbrook.
Public Remarks: Welcome to this stunning and unique home offering 2,754 sq ft of thoughtfully designed living space with 4 bedrooms, 3 full bathrooms, and a 2-car garage. Step into a grand open foyer that flows into a formal dining area—perfect for entertaining. The heart of the home is the expansive kitchen featuring a large island, a butler's pantry, and a walk-in pantry for all your culinary storage needs. The kitchen seamlessly opens to a bright and inviting living room. The first-floor bedroom offers flexibility as a guest room, office, or playroom, with a full bathroom conveniently located nearby. Upstairs, the luxurious primary suite boasts a tray ceiling and generous space, along with a spa-like en suite bathroom complete with double vanities, a soaking tub, separate shower, and private toilet room.The spacious loft provides even more versatility. Laundry is a breeze with a washer and dryer included. Community ammeneties are included.
List Price/SqFt: 0.98
Sold Price/SqFt: Yes

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Microwave; Refrigerator; Washer Water Source: Public Parking Features: Additional Parking; Attached Sewer: Public Sewer Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2025-05-09
Lease Term: 12 Months

Location Tax and Legal

Street Number: 37
Street Name: FERNBROOK
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2025-07-14T16:26:27Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-04T18:16:45Z
Purchase Contract Date: 2025-06-18
Close Date: 2025-06-27
Close Price: 2750

Deposits and Fees

Additional Fee: 125
Application Fee: 75
Pet Fee/Deposit: 25
Security Deposit: 2700

More Information

Listing Office: WATSON REALTY CORP (Prop Mgmt)

Last Updated: January - 19 - 2026

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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