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.

42 ERLKING Court, St. Johns, FL 32259 (MLS# 2059652)

42 ERLKING Court, St. Johns, FL 32259

$689,000

Virtual Tour

https://www.insidemaps.com/app/walkthrough-v2/?projectId=J6CW4FFBBu&env=production

3 - Amenities Center and Nature Preserve

4 - Amenities Center and Nature Preserve

5 - Amenities Center and Nature Preserve

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,146 Status: Closed

Current Price: $689,000 List Date: 12/06/2024 Last Modified: 5/02/2026

Overview

Description

The Ruth Elite Craftsman is a beautifully designed Toll Brothers home in the sought-after Mill Creek Forest community. Move-in ready, ALL appliances included, and no CDD fees! T This spacious two-story home features an open layout perfect for living and entertaining. The gourmet kitchen boasts quartz countertops, upgraded cabinetry, stainless steel appliances, and an island that flows into the great room with a multi-slide stacked door, seamlessly blending indoor and outdoor spaces. The primary suite is a peaceful retreat with an alternate shower layout and a large walk-in closet. Additional highlights include a private office, open oak stairs with upgraded railing, a versatile loft, and a covered lanai for year-round outdoor enjoyment. Located in Mill Creek Forest, this home comes with access to resort-style amenities, top-rated schools, and all the conveniences of St. Johns. Don't miss this exceptional Quick Move-In opportunity—schedule your private tour today!

Listing Details MLS# 2059652

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3146
Living Area Source: Plans
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 153.67
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-03-01
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I-95, take Exit 329 towards Green Cove Springs. Head W on CR 210. It will turn into Greenbrier Rd. and you will follow that for 1.3 miles. Turn right into our Mill Creek Forest community via Bridgeton St. The sales office parking lot will be on your left as you pass the mill.
Public Remarks: The Ruth Elite Craftsman is a beautifully designed Toll Brothers home in the sought-after Mill Creek Forest community. Move-in ready, ALL appliances included, and no CDD fees! T This spacious two-story home features an open layout perfect for living and entertaining. The gourmet kitchen boasts quartz countertops, upgraded cabinetry, stainless steel appliances, and an island that flows into the great room with a multi-slide stacked door, seamlessly blending indoor and outdoor spaces. The primary suite is a peaceful retreat with an alternate shower layout and a large walk-in closet. Additional highlights include a private office, open oak stairs with upgraded railing, a versatile loft, and a covered lanai for year-round outdoor enjoyment. Located in Mill Creek Forest, this home comes with access to resort-style amenities, top-rated schools, and all the conveniences of St. Johns. Don't miss this exceptional Quick Move-In opportunity—schedule your private tour today!
List Price/SqFt: 219.01
Sold Price/SqFt: 219.01

Property Features

Levels: Two Appliances: Convection Oven; Dishwasher; Disposal; Gas Cooktop; Microwave; Tankless Water Heater Interior Features: Kitchen Island; Open Floorplan; Pantry; Primary Downstairs; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Vinyl Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Sink Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Zoned Heating: Central; Electric; Zoned Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat; Security Security Features: Key Card Entry; Security Gate; Security System Owned Construction Materials: Fiber Cement Patio And Porch Features: Covered; Front Porch; Rear Porch Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve; Trees/Woods Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Pickleball; Playground; Tennis Court(s) Road Frontage Type: Private Road Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-12-06

Location Tax and Legal

Street Number: 42
Street Name: ERLKING
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mill Creek Forest

Status Change Information

Major Change Timestamp: 2026-04-25T17:44:25Z
Major Change Type: Status Change
Price Change Timestamp: 2026-02-03T16:14:02Z
Purchase Contract Date: 2026-02-14
Close Date: 2026-04-02
Close Price: 689000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: May - 02 - 2026

Information deemed reliable but not guaranteed.