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.

405 SUMMERSET Drive, St. Johns, FL 32259 (MLS# 2138423)

405 SUMMERSET Drive, St. Johns, FL 32259

$1,200,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,911 Lot Size (sq. ft.): 26,572 Status: Closed

Current Price: $1,200,000 List Date: 4/17/2026 Last Modified: 6/24/2026

Overview

Description

Multi-generational living with detached casita in the estate community of Bartram Plantation! This is a rare opportunity to own a well-maintained home on a sprawling over half-an-acre preserve lot. The detached casita features its own bedroom, bathroom, kitchen, living area, and laundry. The separate space offers nearly 1000 sqft of comfort and independence for extended family or guests while keeping everyone connected. This beautifully designed residence has 5 bedrooms in the main house, a private office, and an upstairs flex space, complemented by an oversized 3-car garage. Inside, the home is light-filled and thoughtfully designed with Anderson hickory hardwood floors, soaring ceilings, 8-foot doors, and extensive custom woodwork throughout. The layout blends comfort and function, featuring refined dining spaces, a living room, spacious bedrooms, and a private office with double doors, a coffered ceiling, and wainscoting.

Supplements: The updated chef's kitchen is both stylish and functional, showcasing durable quartz countertops, a subway tile backsplash, custom cabinetry, a kitchen island, a breakfast bar, and a stunning tongue-and-groove wood ceiling. The adjacent family room impresses with a classy gas fireplace, vaulted ceilings, surround sound, and custom built-ins. The ow ... (Read more)

Listing Details MLS# 2138423

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3911
Living Area Source: Public Records
Year Built: 2007
Accessory Dwelling Unit Y/N: Yes
Homestead YN: Yes
Lot Size Acres: 0.61
Association YN: Yes
Association Fee: 1200
Association Fee Frequency: Annually
Association Name: Bartram Plantation
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
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From I-295, south on San Jose Blvd across Julington Creek Bridge, continue south on SR13 to left on Greenbriar, 1st right into Bartram Plantation, right on Bridge Creek Dr, left on Summerset Drive.
Public Remarks: Multi-generational living with detached casita in the estate community of Bartram Plantation! This is a rare opportunity to own a well-maintained home on a sprawling over half-an-acre preserve lot. The detached casita features its own bedroom, bathroom, kitchen, living area, and laundry. The separate space offers nearly 1000 sqft of comfort and independence for extended family or guests while keeping everyone connected. This beautifully designed residence has 5 bedrooms in the main house, a private office, and an upstairs flex space, complemented by an oversized 3-car garage. Inside, the home is light-filled and thoughtfully designed with Anderson hickory hardwood floors, soaring ceilings, 8-foot doors, and extensive custom woodwork throughout. The layout blends comfort and function, featuring refined dining spaces, a living room, spacious bedrooms, and a private office with double doors, a coffered ceiling, and wainscoting.
List Price/SqFt: 306.83
Sold Price/SqFt: 306.83

Property Features

Levels: Two Accessory Dwelling Information: Other Appliances: Gas Range; Microwave; Refrigerator; Other Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Other Flooring: Tile; Wood Utilities: Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s); Other Construction Materials: Fiber Cement; Frame; Other Other Structures: Guest House Patio And Porch Features: Covered; Front Porch; Patio; Screened Pool Features: In Ground; Other; Screen Enclosure; Waterfall Spa Features: Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Wooded View: Protected Preserve; Trees/Woods Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Playground; Other Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Showing Requirements: Other Contingency Reason: Financing