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.

429 SERVIA Drive, St. Johns, FL 32259 (MLS# 2135700)

429 SERVIA Drive, St. Johns, FL 32259

$255,000

009-429ServiaDrive-SaintJohns-FL-32259-F

034-429ServiaDrive-SaintJohns-FL-32259-F

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,346 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $255,000 List Date: 3/19/2026 Last Modified: 4/20/2026

Overview

Description

Move-in ready townhouse in top-rated St. Johns County school district offering the perfect combination of affordability, location, and low-maintenance living. Located in one of Northeast Florida's most in-demand areas, this 2-bedroom, 2.5-bath home is ideal for buyers searching for great schools, safe communities, and strong long-term value. Step inside to a bright and open concept floor plan, designed for both entertaining and everyday living. The spacious living and dining areas flow seamlessly into the kitchen, creating a functional and connected layout that today's buyers love. Brand new luxury vinyl plank flooring runs throughout the entire home, adding a modern touch while offering durability and easy maintenance. Natural light fills the home, enhancing the clean, move-in ready feel.

Supplements: Upstairs, both bedrooms offer comfortable privacy, making this layout perfect for families, roommates, or a home office setup. The additional half bath downstairs adds convenience for guests and entertaining. Enjoy one of the standout features of this home a private fenced backyard overlooking the pond, a rare find for townhomes in this price poin ... (Read more)

Listing Details MLS# 2135700

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1346
Living Area Source: Appraiser
Year Built: 2018
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 367.05
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1285.66
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Race Track Rd take St. Johns Pkwy south approximately .5 miles to community on the right at Servia Drive
Public Remarks: Move-in ready townhouse in top-rated St. Johns County school district offering the perfect combination of affordability, location, and low-maintenance living. Located in one of Northeast Florida's most in-demand areas, this 2-bedroom, 2.5-bath home is ideal for buyers searching for great schools, safe communities, and strong long-term value. Step inside to a bright and open concept floor plan, designed for both entertaining and everyday living. The spacious living and dining areas flow seamlessly into the kitchen, creating a functional and connected layout that today's buyers love. Brand new luxury vinyl plank flooring runs throughout the entire home, adding a modern touch while offering durability and easy maintenance. Natural light fills the home, enhancing the clean, move-in ready feel.
List Price/SqFt: 199.11
Sold Price/SqFt: 189.45

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); His and Hers Closets; Open Floorplan; Primary Bathroom - Tub with Shower Flooring: Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Additional Parking; Garage View: Pond; Trees/Woods Waterfront Features: Pond Fencing: Back Yard Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s) Community Features: Curbs; Sidewalks; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan