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.

401 PAYASADA LAKES Avenue, Ponte Vedra Beach, FL 32082 (MLS# 2171449)

401 PAYASADA LAKES Avenue, Ponte Vedra Beach, FL 32082

New Listing

$2,150,000

Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 4,950 Lot Size (sq. ft.): 15,682 Status: Active

Current Price: $2,150,000 List Date: 10/29/2026 Last Modified: 10/29/2026

Overview

Description

Coastal contemporary style meets indoor-outdoor living in this 2018 designer pool home. Situated on a corner lot with an expansive front yard, this move-in-ready retreat offers six bedrooms, each with a private en-suite bath and walk-in closet. A spectacular two-story screened lanai surrounds the solar-heated pool and spa, with lush tropical landscaping creating a relaxing backdrop. Designed for entertaining, the kitchen features Carrara counters, stainless KitchenAid appliances, an oversized refrigerator and a butler's pantry with wine chiller. The first-floor primary suite boasts custom closets and a Carrara marble bath with a freestanding tub. A separate guest suite completes the main-level accommodations. Custom built-ins and a linear gas fireplace anchor the great room, while an upstairs media room with a refrigerator offers another inviting gathering space. Pella windows, LED lighting, epoxy garage floors and Wi-Fi-enabled garage openers, thermostats and sprinkler

Supplements: controls complete this beautifully appointed Ponte Vedra Beach home.

Listing Details MLS# 2171449

General Property Information

Bedrooms Total: 6
Bathrooms Full: 6
Bathrooms Half: Yes
Bathrooms Total: 7
Living Area: 4950
Living Area Source: Public Records
Year Built: 2018
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.36
Association YN: Yes
Association Fee: 644.52
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From JTB (SR 202), go south on A1A to right on Palm Valley Road. The neighborhood of Payasada is on your right.
Public Remarks: Coastal contemporary style meets indoor-outdoor living in this 2018 designer pool home. Situated on a corner lot with an expansive front yard, this move-in-ready retreat offers six bedrooms, each with a private en-suite bath and walk-in closet. A spectacular two-story screened lanai surrounds the solar-heated pool and spa, with lush tropical landscaping creating a relaxing backdrop. Designed for entertaining, the kitchen features Carrara counters, stainless KitchenAid appliances, an oversized refrigerator and a butler's pantry with wine chiller. The first-floor primary suite boasts custom closets and a Carrara marble bath with a freestanding tub. A separate guest suite completes the main-level accommodations. Custom built-ins and a linear gas fireplace anchor the great room, while an upstairs media room with a refrigerator offers another inviting gathering space. Pella windows, LED lighting, epoxy garage floors and Wi-Fi-enabled garage openers, thermostats and sprinkler
List Price/SqFt: 434.34

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Electric Interior Features: Breakfast Bar; Butler Pantry; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Multi Units; Zoned Heating: Central; Electric; Zoned Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Porch; Screened Pool Features: In Ground; Gas Heat; Screen Enclosure; Solar Heat Spa Features: Heated; Private Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Fenced Current Use: Residential Association Amenities: Basketball Court; Gated; Playground Association Fee Includes: Security Community Features: Gated Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Negotiable; Subject To Tenant Rights Listing Terms: Cash; Conventional