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.

396 BROWN BEAR Run, St. Johns, FL 32259 (MLS# 2012788)

396 BROWN BEAR Run, St. Johns, FL 32259

$537,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,660 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $537,000 List Date: 3/07/2024 Last Modified: 6/25/2026

Overview

Description

Welcome to this stunning property that exudes warmth and style with its natural color palette. The heart of the home is the kitchen, complete with a center island that provides the perfect space for meal preparation and entertaining. Unwind in the spacious master bedroom, featuring a walk-in closet for all your storage needs. The additional rooms offer flexible living space, ideal for a home office or gym. The primary bathroom boasts good under sink storage, keeping your essentials organized. Step outside to the fenced backyard, offering privacy and security, and enjoy the covered sitting area, perfect for relaxation. Partial flooring replacement in some areas ensures a polished look. Don't miss the opportunity to own this incredible property that combines comfort and functionality in a desirable location.

Listing Details MLS# 2012788

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2660
Living Area Source: Public Records
Year Built: 2021
Lot Size Acres: 0.29
Association YN: Yes
Association Fee: 277
Association Fee Frequency: Quarterly
Association Name: Grand Creek Property Owners Association, Inc.
CDD Fee YN: No
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
Stories: Yes
Senior Community YN: No
Directions: Head northwest on Longleaf Pine Pkwy toward Little Bear Run. Turn left. Continue onto Brown Bear Run
Public Remarks: Welcome to this stunning property that exudes warmth and style with its natural color palette. The heart of the home is the kitchen, complete with a center island that provides the perfect space for meal preparation and entertaining. Unwind in the spacious master bedroom, featuring a walk-in closet for all your storage needs. The additional rooms offer flexible living space, ideal for a home office or gym. The primary bathroom boasts good under sink storage, keeping your essentials organized. Step outside to the fenced backyard, offering privacy and security, and enjoy the covered sitting area, perfect for relaxation. Partial flooring replacement in some areas ensures a polished look. Don't miss the opportunity to own this incredible property that combines comfort and functionality in a desirable location.
List Price/SqFt: 206.77
Sold Price/SqFt: 201.88

Property Features

Levels: One Appliances: Dishwasher; Microwave; Other Flooring: Carpet; Tile Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Natural Gas Water Source: Public Sewer: Public Sewer Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Other Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-03-06

Location Tax and Legal

Street Number: 396
Street Name: BROWN BEAR
Street Suffix: Run
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Grand Creek North

Status Change Information

Major Change Timestamp: 2024-05-24T15:25:02Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-18T02:16:02Z
Purchase Contract Date: 2024-04-29
Close Date: 2024-05-24
Close Price: 537000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: OPENDOOR BROKERAGE, LLC.

Last Updated: June - 25 - 2026

Broker Attribution: [email protected]

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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