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.

41 PIGEON Cove, St. Johns, FL 32259 (MLS# 2169458)

41 PIGEON Cove, St. Johns, FL 32259

$480,000

Virtual Tour

https://www.zillow.com/view-imx/ace0b20a-5230-4d77-92e8-3a4f18b1cca7?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,811 Lot Size (sq. ft.): 4,792 Status: Active Under Contract

Current Price: $480,000 List Date: 10/15/2026 Last Modified: 11/02/2026

Overview

Description

A welcoming coastal exterior gives way to warm, elegant interiors at 41 Pigeon Cove in WaterSong at RiverTown, a 55+ community close to shopping, dining, and world-renowned medical facilities. Built in 2024, this thoughtfully designed Lane model residence offers 1,811 square feet, two bedrooms, two baths, a private office/flex room, and a two-car garage with an additional golf cart bay. A covered paver front porch sets an inviting tone, while elegant drapery, recessed lighting, warm luxury vinyl plank flooring and carefully selected finishes bring warmth throughout the interior. French doors open to the office/flex room, providing a comfortable space for work, hobbies, or quiet retreat. The great room connects to the covered paver lanai through stacking sliding glass doors, extending the living space outdoors, where motorized drop-down screens and a partial preserve view create a relaxing setting for morning coffee or an evening with friends. The kitchen pairs white Shaker cabinetry

Supplements: and brushed nickel hardware with quartz countertops, a white subway tile backsplash, and a contrasting soft gray dining island. Stainless steel appliances include a gas cooktop with range hood, built-in wall oven and microwave, refrigerator, and dishwasher, while a single-bowl sink and pantry closet add everyday functionality. A woven chandelier br ... (Read more)

Listing Details MLS# 2169458

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1811
Living Area Source: Public Records
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Association YN: Yes
Association Fee: 211
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
Association Name: Watersong HOA
CDD Fee YN: Yes
CDD Fee Amount: 2412.46
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: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners Dr to Mistflower Dr to Pelton Pl to Hedgerow St to Pigeon Cove
Public Remarks: A welcoming coastal exterior gives way to warm, elegant interiors at 41 Pigeon Cove in WaterSong at RiverTown, a 55+ community close to shopping, dining, and world-renowned medical facilities. Built in 2024, this thoughtfully designed Lane model residence offers 1,811 square feet, two bedrooms, two baths, a private office/flex room, and a two-car garage with an additional golf cart bay. A covered paver front porch sets an inviting tone, while elegant drapery, recessed lighting, warm luxury vinyl plank flooring and carefully selected finishes bring warmth throughout the interior. French doors open to the office/flex room, providing a comfortable space for work, hobbies, or quiet retreat. The great room connects to the covered paver lanai through stacking sliding glass doors, extending the living space outdoors, where motorized drop-down screens and a partial preserve view create a relaxing setting for morning coffee or an evening with friends. The kitchen pairs white Shaker cabinetry
List Price/SqFt: 265.05

Property Features

Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: Underground Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Security Gate; Smoke Detector(s) Patio And Porch Features: Covered; Front Porch; Patio; Screened Spa Features: Community Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Security; Spa/Hot Tub; Tennis Court(s); Other Association Fee Includes: Security Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection