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.

39 MAGNOLIA CREEK Walk, Ponte Vedra, FL 32081 (MLS# 1261099)

39 MAGNOLIA CREEK Walk, Ponte Vedra, FL 32081

$3,200

Virtual Tour

https://nodalview.com/s/26IORkrN19RhYdOgzuUG8B

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,107 Status: Closed

Current Price: $3,200 List Date: 12/12/2023 Last Modified: 3/01/2025

Overview

Description

Beautifully upgraded Nocatee 3 bedroom in Palm Valley Academy school district! Living/dining combo with a cozy fireplace! The updated kitchen and walk-in pantry give you luxury living! Master bedroom and 2 other bedrooms upstairs with a loft and built in closet systems throughout. Two car garage and two car spaces in driveway including a Telsa charging port. Amazing privacy in the back patio with a sliding glass door out to a screened lanai overlooking a park with walking trail and playground. Located in Willowcove Park, walking distance or a short golf cart ride to Nocatee Town Center, Community Parks, and Waterparks. Laundry room with cabinets and washer and dryer included.

Listing Details MLS# 1261099

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2107
Living Area Source: Public Records
Year Built: 2014
Association YN: Yes
Association Fee: 205
Association Fee Frequency: Monthly
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Entry Level: Yes
Directions: From Nocatee Parkway exit on Crosswalk Parkway south, turn right on Preservation Trail, turn left on Willow Falls Trail, first right, first left, property on the left.
Public Remarks: Beautifully upgraded Nocatee 3 bedroom in Palm Valley Academy school district! Living/dining combo with a cozy fireplace! The updated kitchen and walk-in pantry give you luxury living! Master bedroom and 2 other bedrooms upstairs with a loft and built in closet systems throughout. Two car garage and two car spaces in driveway including a Telsa charging port. Amazing privacy in the back patio with a sliding glass door out to a screened lanai overlooking a park with walking trail and playground. Located in Willowcove Park, walking distance or a short golf cart ride to Nocatee Town Center, Community Parks, and Waterparks. Laundry room with cabinets and washer and dryer included.
List Price/SqFt: 1.61
Sold Price/SqFt: 1.52

Property Features

Appliances: Dishwasher; Disposal; Dryer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower Patio And Porch Features: Patio; Screened Pool Features: None Association Amenities: Children's Pool; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Parking Features: Additional Parking Security Features: Smoke Detector(s) Utilities: Cable Available; Natural Gas Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Room Types: Loft; Utility Room

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/41xU6KW
Property Sub Type: Single Family Residence
Listing Contract Date: 2023-12-12
Lease Term: 12 Months

Location Tax and Legal

Street Number: 39
Street Name: MAGNOLIA CREEK
Street Suffix: Walk
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Willowcove Park

Status Change Information

Major Change Timestamp: 2024-02-05T12:26:28Z
Major Change Type: Status Change
Purchase Contract Date: 2023-12-24
Close Date: 2024-02-01
Close Price: 3200

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Security Deposit: 3400

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Club Amenities-Nature Trails: Y, Football Field(s): Y, Interior Amenities-Window Treatment(s): Y
Public Historical Remarks 2: Occupancy: Specific Date-CLO, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Cementitious Siding, Min Lease/Rent Term: 12 months, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Townhouse: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 3: Intermediate School: Other, Date Available: 2/1/2024, Unit Type: Townhouse, Ground Level, Occupant Type: Appointment, See ShowingAssist, No Sign on Property, Occupied - Lockbox, Occupied

Room Information

Room Name
Loft
Utility Room

Listing Office: ONE SOTHEBY'S INTERNATIONAL REALTY

Last Updated: March - 01 - 2025

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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