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.

406 NAVIGATORS Road, St. Johns, FL 32259 (MLS# 2112370)

406 NAVIGATORS Road, St. Johns, FL 32259

$600,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,304 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $600,000 List Date: 10/08/2025 Last Modified: 9/28/2026

Overview

Description

Why wait to build? This better-than-new home has some custom touches and is move in ready with upgraded fixtures, fans and remote control window treatments throughout, a custom wood wall, and added screened lanai. The 12 foot ceilings accentuate the open floor plan and spacious feel in the main living areas. The kitchen is well-planned with many cabinets and an oversized island overlooking the living and dining rooms. The custom tile on the back wall and up to the stainless steel hood is a striking feature that perfectly complements the two tone cabinets. Easy care and durable vinyl wood flooring is seamlessly laid throughout the entire home except for two bedrooms (Primary and one guest room). The flex space is currently used as an office, but can be designed to fit your family - homework room, craft space, den, game room - you decide! It could even be converted to a 4th bedroom if needed. The custom wood wall in the living room creates a focal point and perfectly frames a space for

Supplements: your TV or art. A sure favorite spot will be the large screened lanai designed to enjoy the beautiful pond view out back with birds that visit often and the sun as it sets. Primary retreat with generously sized bedroom and windows to appreciate the same pond view, and a light and bright ensuite bathroom. Not only is the interior of the home equippe ... (Read more)

Listing Details MLS# 2112370

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2304
Living Area Source: Assessor
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.15
Association YN: Yes
Association Fee: 505
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1733.94
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: Yes
Stories: Yes
Senior Community YN: No
Directions: From I-95 to exit 333 for FL-9B S towards CR 2209. Take the St. Johns Parkway exit. left onto Longleaf Pine Pkwy, left onto Veterans Pkwy, Right into the Middlebourne neighborhood. Then right onto Navigators Road. Home will be on your right.
Public Remarks: Why wait to build? This better-than-new home has some custom touches and is move in ready with upgraded fixtures, fans and remote control window treatments throughout, a custom wood wall, and added screened lanai. The 12 foot ceilings accentuate the open floor plan and spacious feel in the main living areas. The kitchen is well-planned with many cabinets and an oversized island overlooking the living and dining rooms. The custom tile on the back wall and up to the stainless steel hood is a striking feature that perfectly complements the two tone cabinets. Easy care and durable vinyl wood flooring is seamlessly laid throughout the entire home except for two bedrooms (Primary and one guest room). The flex space is currently used as an office, but can be designed to fit your family - homework room, craft space, den, game room - you decide! It could even be converted to a 4th bedroom if needed. The custom wood wall in the living room creates a focal point and perfectly frames a space for
List Price/SqFt: 260.42
Sold Price/SqFt: 260.42

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Oven; Gas Range; Gas Water Heater; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Vinyl 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: Security Gate Patio And Porch Features: Covered; Screened Roof: Shingle Parking Features: Attached; Garage View: Pond Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Dog Park; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection