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.

371 HERITAGE OAKS Drive, St. Johns, FL 32259 (MLS# 2154138)

371 HERITAGE OAKS Drive, St. Johns, FL 32259

$2,850

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 2,745 Status: Closed

Current Price: $2,850 List Date: 7/07/2026 Last Modified: 7/25/2026

Overview

Description

Desirable Heritage Oaks Community this Beautiful 3/2 plus Bonus room is Perfectly located right next to Highly Rated Liberty Pines Middle School, the kids can bike to school! Updated Hardwood engineered floor through out living/bedroom area. Open floor plan ideal for entertaining. Gorgeous kitchen waiting for someone who enjoys cooking. The Master is very private with separate split floor plan form remaining bedrooms. Water softner installed as well. Owner is looking for 1 year lease term minimum. Easy to show & shows nicely.

Listing Details MLS# 2154138

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2041
Living Area Source: Public Records
Building Area Total: 2745
Year Built: 2017
Association YN: Yes
Association Fee Frequency: Annually
Accessibility Features YN: Yes
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: Race Track Rd ro St Johns Pkwy turn left onto Russel Sampson Rd . Head south on Heritage Oaks Dr
Public Remarks: Desirable Heritage Oaks Community this Beautiful 3/2 plus Bonus room is Perfectly located right next to Highly Rated Liberty Pines Middle School, the kids can bike to school! Updated Hardwood engineered floor through out living/bedroom area. Open floor plan ideal for entertaining. Gorgeous kitchen waiting for someone who enjoys cooking. The Master is very private with separate split floor plan form remaining bedrooms. Water softner installed as well. Owner is looking for 1 year lease term minimum. Easy to show & shows nicely.
List Price/SqFt: 1.4
Sold Price/SqFt: 1.4

Property Features

Additional Lease Terms: Negotiable Owner Pays: Association Fees Architectural Style: Other Levels: One Appliances: Dishwasher; Electric Oven; Electric Range Association Amenities: Community Pool Water Source: Public Parking Features: Additional Parking Utilities: Cable Available; Sewer Connected Cooling: Central Air Heating: Central

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-07-07
Lease Term: 12 Months
Availability Date: 2024-07-31

Location Tax and Legal

Street Number: 371
Street Name: HERITAGE OAKS
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Heritage Oaks

Status Change Information

Major Change Timestamp: 2026-07-25T21:15:00Z
Major Change Type: Status Change
Price Change Timestamp: 2026-07-20T18:18:36Z
Purchase Contract Date: 2026-07-24
Close Date: 2026-07-24
Close Price: 2850

More Information

Listing Office: JAX REALTY LLC

Last Updated: July - 25 - 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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