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.

407 W TROPICAL Trace, Jacksonville, FL 32259 (MLS# 2169915)

407 W TROPICAL Trace, Jacksonville, FL 32259

$499,900

Virtual Tour

https://youtu.be/0w35Gux5S14

83ba19f9ce60b31a72720d0fce25c02a-uncropp

0c8d3d742309e4e429832a5411042377-uncropp

054818a1f08669c68fa6294b610c9ff1-uncropp

30c7872106522c9003db208f0deb86fa-uncropp

33cfc86def8929b6cd329bf74e42dcb7-uncropp

5bd8d066373e7f411527bac8d8324ac9-uncropp

1047c77f5f6045155198c981a52e4ad1-uncropp

117097541886363d4108e3ac6cbf17f4-uncropp

8b99173399b6369f27371b83ae68e4b5-uncropp

ccd61cd6ebb3a32614891aec6f606248-uncropp

6dc5d4620457452eb2899d7c7becb798-uncropp

1567137c1e8f0ee693e8406d02956d63-uncropp

75bda8a1c8a0d9422f14e09f4a258bff-uncropp

a98c7f00d4606afb251bc06f0ca58fb4-uncropp

72a8bf82b51daf0212c2d9f15703e78b-uncropp

4745441656d5ed5e19b66c61721b4633-uncropp

155ec0bb08f3bd58fcb0e1efc680d83a-uncropp

cc8572b3f3a60f41401df5bf0d19f01e-uncropp

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,759 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $499,900 List Date: 10/19/2026 Last Modified: 10/24/2026

Overview

Description

FULLY RENOVATED in #1 Julington Creek! Perfectly situated on a quiet CUL-DE-SAC w/ friendly neighbors! Perfect Layout 4BED/2BATH renovated beauty features NEW Calcutta Quartz counters, NEW Lighting, Mirrors & Backsplash, porcelain tile, NEW Hardwood floors, NEW Paint in select areas! Step outside to your fully fenced backyard, where you'll find a spacious paver patio ideal for outdoor entertaining. Peace of mind w/ Water Heater (2025), HVAC (2019) & Roof (2022). ASSUMABLE VA LOAN at 5.5%! This neighborhood is one of St. Johns County's most sought-after communities, zoned for A+ rated-schools, with golf course, tennis, fitness, parks & miles of trails. Brand-new Tide Club amenity center just opened - resort-style pool with water slides, adult pool, 10-lane competition pool, a two-story clubhouse & the Tide & Tonic bar and grill, alongside the new Treehouse Trails park.

Listing Details MLS# 2169915

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1759
Living Area Source: Assessor
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.19
Association YN: Yes
Association Fee: 563
Association Fee Frequency: Semi-Annually
CDD Fee YN: Yes
CDD Fee Amount: 1292
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Head toward Butterfly Branch Dr Keep right to stay on Race Track Rd Turn left onto Linde Ave Turn left onto W Tropical Trce
Public Remarks: FULLY RENOVATED in #1 Julington Creek! Perfectly situated on a quiet CUL-DE-SAC w/ friendly neighbors! Perfect Layout 4BED/2BATH renovated beauty features NEW Calcutta Quartz counters, NEW Lighting, Mirrors & Backsplash, porcelain tile, NEW Hardwood floors, NEW Paint in select areas! Step outside to your fully fenced backyard, where you'll find a spacious paver patio ideal for outdoor entertaining. Peace of mind w/ Water Heater (2025), HVAC (2019) & Roof (2022). ASSUMABLE VA LOAN at 5.5%! This neighborhood is one of St. Johns County's most sought-after communities, zoned for A+ rated-schools, with golf course, tennis, fitness, parks & miles of trails. Brand-new Tide Club amenity center just opened - resort-style pool with water slides, adult pool, 10-lane competition pool, a two-story clubhouse & the Tide & Tonic bar and grill, alongside the new Treehouse Trails park.
List Price/SqFt: 284.2

Property Features

Architectural Style: Craftsman; Ranch Levels: One Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Gas Water Heater; Microwave Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Washer Hookup Utilities: Electricity Connected; Sewer Connected Cooling: Attic Fan; Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation Security Features: Smoke Detector(s) Construction Materials: Stucco Other Structures: Shed(s); Workshop Exterior Features: Fire Pit Patio And Porch Features: Covered; Front Porch; Patio Spa Features: Bath Roof: Shingle Parking Features: Attached; Covered; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Many Trees; Wooded View: Trees/Woods Fencing: Back Yard; Privacy; Wrought Iron Current Use: Single Family Association Amenities: Barbecue; Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Management - On Site; Playground; Shuffleboard Court; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Maintenance Structure; Other Community Features: Fishing; Restaurant; Sidewalks; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow; Negotiable Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Den; Kitchen; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-15

Location Tax and Legal

Street Number: 407
Street Direction Prefix: W
Street Name: TROPICAL
Street Suffix: Trace
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek

Status Change Information

Major Change Timestamp: 2026-10-19T18:09:32Z
Major Change Type: New Listing

Green Energy

Ownership: Seller Owned

More Information

DPR Eligible

DPR Eligible: Yes

Room Types

Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Den Level: Main
Kitchen Level: Main
Primary Bathroom Level: Lower
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width
Primary Bedroom	Main	16.00	14.00
Bedroom 2	Main	13.00	12.00
Bedroom 3	Main	12.00	12.00
Bedroom 4	Main	12.00	12.00
Kitchen	Main	20.00	14.00
Den	Main	18.00	18.00

Listing Office: KAIZEN REALTY LLC

Last Updated: October - 24 - 2026

Information deemed reliable but not guaranteed.