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.

384 FRESHWATER Drive, St. Johns, FL 32259 (MLS# 2089471)

384 FRESHWATER Drive, St. Johns, FL 32259

$925,000

Virtual Tour

https://www.zillow.com/view-imx/0f1b4287-6241-4427-bb56-ea112c279b0c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,422 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $925,000 List Date: 5/30/2025 Last Modified: 12/12/2025

Overview

Description

Welcome to 384 Freshwater Drive, a stunning saltwater pool home in the highly sought-after and gated community of Julington Lakes. Boasting 3,422 square feet of thoughtfully designed living space, this beautifully upgraded residence offers 4 bedrooms, 3.5 bathrooms, a dedicated home office, and a spacious second-story loft, all laid out for everyday comfort and upscale living. The home features preserve views from both the front and back of the house, creating a peaceful and private retreat. Inside, the open-concept kitchen is ideal for both casual meals and hosting, featuring natural gas, stainless steel appliances, granite countertops, and stylish two-tone cabinetry. The dining area and oversized island provide plenty of space for meal prep, seating, and entertaining with ease. On the main floor, the primary suite offers a quiet escape with preserve views, an oversized walk-in shower, soaking tub, dual vanities, and a generous walk-in closet.

Supplements: Wood-look tile flooring runs throughout the main level, offering a sleek finish with durability, while real hardwood stairs lead to the upstairs living quarters. The interior also features smooth walls throughout for a clean, modern finish. Upstairs offers three spacious guest bedrooms, including one with a private ensuite, and a second full bathro ... (Read more)

Listing Details MLS# 2089471

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3422
Living Area Source: Appraiser
Year Built: 2018
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.17
Association YN: Yes
Association Fee: 550
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: From St. Johns Parkway, Left to Longleaf Pine Parkway, Right to Julington Lakes Dr, Pass through Gate and follow Julington Lakes Dr to Freshwater Dr on the lefthand side, home will be towards the end of Freshwater on righthand side.
Public Remarks: Welcome to 384 Freshwater Drive, a stunning saltwater pool home in the highly sought-after and gated community of Julington Lakes. Boasting 3,422 square feet of thoughtfully designed living space, this beautifully upgraded residence offers 4 bedrooms, 3.5 bathrooms, a dedicated home office, and a spacious second-story loft, all laid out for everyday comfort and upscale living. The home features preserve views from both the front and back of the house, creating a peaceful and private retreat. Inside, the open-concept kitchen is ideal for both casual meals and hosting, featuring natural gas, stainless steel appliances, granite countertops, and stylish two-tone cabinetry. The dining area and oversized island provide plenty of space for meal prep, seating, and entertaining with ease. On the main floor, the primary suite offers a quiet escape with preserve views, an oversized walk-in shower, soaking tub, dual vanities, and a generous walk-in closet.
List Price/SqFt: 274.4
Sold Price/SqFt: 270.31

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Kitchen Island; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Tile Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Security Features: Gated with Guard; Security Gate Patio And Porch Features: Patio; Screened Pool Features: In Ground; Heated; Screen Enclosure; Waterfall Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Garage View: Trees/Woods Current Use: Residential Association Amenities: Basketball Court; Community Pool; Gated; Park; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security; Other Community Features: Gated; Sidewalks Road Frontage Type: Private Road Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bathroom 2; Bathroom 3; Bedroom 1; Office; Primary Bedroom