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.

389 TIERRA Cove, St. Johns, FL 32259 (MLS# 2157294)

389 TIERRA Cove, St. Johns, FL 32259

$1,050,000

Memories are made gathered around the kitchen!

Virtual Tour

https://www.zillow.com/view-imx/3e439026-acf1-4a1a-863f-c57ef827666b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Perfect floor plan for mult-generational living!

Situated on a .41 acre lot, this property is at the end of a cul-de-sac.

Kitchen features undermount cabinet lighting

3 car split-garage. Use one bay for the toys and the garage for the cars.

Imagine enjoying a cup of coffee or reading your favorite book in your private courtyard.

Large office with french doors is ideal for someone who works from home.

Everything you desire! Double ovens, gas cooktop, huge walk-in pantry, oversize island, butler's pantry.

The open 2-story living, kitchen, and breakfast area, area inviting for family and friends.

Open the sliders to the large screened porch.

The preserve lot provides private views of your backyard.

Enjoy time gathered around the spacious island!

Bathroom includes walk-through shower, deep soaking tub, and separate vanities.

Soak the stress of the day away in this deep soaking tub.

Guests will enjoy a private first floor retreat.

Virtually staged. Currently used as a home gym.

Tray ceiling and views of the courtyard. Currently used as a home gym.

It's a pleasure doing laundry in this spacious room.

Fall is right around the corner. Enjoy cooler evenings on the screened Lanai.

Fully fenced backyard perfect for pets and kids of all ages to play.

Terrific gated community with beautiful amenities.

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,419 Lot Size (sq. ft.): 17,860 Status: Active

Current Price: $1,050,000 List Date: 8/03/2026 Last Modified: 10/12/2026

Overview

Description

Exceptional value in Celestina at $237 per square foot, the lowest price per sq ft in the community! AND, the Seller is offering a 2-1 temporary INTEREST RATE BUYDOWN with an acceptable offer, subject to lender approval. This 6-bedroom, 4.5-bath home offers 4,419 sq ft of flexible living space. Ideal for multigenerational living, the first floor features a private primary suite PLUS a separate guest suite for extended family or visitors, along with a dedicated office. Upstairs, four bedrooms and a spacious bonus room provide room to gather, play, or unwind. A 3-car garage, screened Lanai, and fully fenced backyard add everyday convenience and space to enjoy. Set in gated Celestina within the St. Johns County School District, close to Durbin Creek Elementary. Nearby shopping includes a variety of grocery options, with a specialty market coming soon within walking or biking distance. Modern construction, generous space, and a versatile layout make this a standout opportunity!

Listing Details MLS# 2157294

General Property Information

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 4419
Living Area Source: Assessor
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.41
Association YN: Yes
Association Fee: 242
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2020.15
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Race Track Rd, turn on Celestina Pkwy. After you go through the guard gate go straight to round-about, follow Amalurra Trail to 2nd round-about, take 2nd exit to Tierra Cove. Follow to end of street. House is on the left, in the cul-de-sac.
Public Remarks: Exceptional value in Celestina at $237 per square foot, the lowest price per sq ft in the community! AND, the Seller is offering a 2-1 temporary INTEREST RATE BUYDOWN with an acceptable offer, subject to lender approval. This 6-bedroom, 4.5-bath home offers 4,419 sq ft of flexible living space. Ideal for multigenerational living, the first floor features a private primary suite PLUS a separate guest suite for extended family or visitors, along with a dedicated office. Upstairs, four bedrooms and a spacious bonus room provide room to gather, play, or unwind. A 3-car garage, screened Lanai, and fully fenced backyard add everyday convenience and space to enjoy. Set in gated Celestina within the St. Johns County School District, close to Durbin Creek Elementary. Nearby shopping includes a variety of grocery options, with a specialty market coming soon within walking or biking distance. Modern construction, generous space, and a versatile layout make this a standout opportunity!
List Price/SqFt: 237.61

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Double Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Guest Suite; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard Patio And Porch Features: Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage View: Trees/Woods Fencing: Back Yard; Wrought Iron Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Park; Pickleball; Playground; Security; Tennis Court(s); Other Association Fee Includes: Security Community Features: Gated Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-27

Location Tax and Legal

Street Number: 389
Street Name: TIERRA
Street Suffix: Cove
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Celestina

Status Change Information

Major Change Timestamp: 2026-08-03T07:15:28Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: No

More Information

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: October - 12 - 2026

Information deemed reliable but not guaranteed.