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.

44 OLD HALE Way, St. Johns, FL 32259 (MLS# 2123125)

44 OLD HALE Way, St. Johns, FL 32259

$830,000

AI-generated staging shown to illustrate potential use of space.

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,294 Lot Size (sq. ft.): 13,068 Status: Closed

Current Price: $830,000 List Date: 3/18/2026 Last Modified: 4/30/2026

Overview

Description

Recently repositioned to $850,000 and now offered below appraised value, this beautifully crafted David Weekley home presents a rare opportunity in the gated community of Oxford Estates. Motivated sellers have created meaningful momentum for the next homeowner seeking exceptional quality, space, and long-term value in one of St. Johns County's most desirable neighborhoods. From the moment you step inside, it's clear this home has been thoughtfully cared for, with completed repairs already behind you. Clean, polished, and pristine throughout, this is the kind of home where you can walk in, drop your bags, and immediately feel at home. Set on an expansive 83-foot-wide estate lot backing to a private preserve, the property offers exceptional privacy and peaceful views. The backyard is a true showstopper, featuring a heated saltwater pool with waterfall, multi-color LED pool and lanai lighting, and a large screened enclosure measuring approximately 60 x 37.

Supplements: The extended covered lanai is pre-plumbed for an outdoor kitchen with gas and electric rough-ins, creating an ideal space for entertaining year-round. A paver sidewalk leads to the backyard, with fencing on the west side for added functionality. Inside, the home offers nearly 3,400 square feet with four bedrooms and three full bathrooms on the main ... (Read more)

Listing Details MLS# 2123125

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3388
Living Area Source: Assessor
Building Area Total: 4294
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.3
Association YN: Yes
Association Fee: 1200
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: Race Track Road West to L on Veterans Parkway to Right on Longleaf Pines Oxford Estates on the Right.
Public Remarks: Recently repositioned to $850,000 and now offered below appraised value, this beautifully crafted David Weekley home presents a rare opportunity in the gated community of Oxford Estates. Motivated sellers have created meaningful momentum for the next homeowner seeking exceptional quality, space, and long-term value in one of St. Johns County's most desirable neighborhoods. From the moment you step inside, it's clear this home has been thoughtfully cared for, with completed repairs already behind you. Clean, polished, and pristine throughout, this is the kind of home where you can walk in, drop your bags, and immediately feel at home. Set on an expansive 83-foot-wide estate lot backing to a private preserve, the property offers exceptional privacy and peaceful views. The backyard is a true showstopper, featuring a heated saltwater pool with waterfall, multi-color LED pool and lanai lighting, and a large screened enclosure measuring approximately 60 x 37.
List Price/SqFt: 250.89
Sold Price/SqFt: 244.98

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Oven; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Home; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Lower Level; Sink Utilities: Cable Available; Natural Gas Available Cooling: Zoned Heating: Central; Electric; Zoned Electric: Whole House Generator Water Source: Public Sewer: Public Sewer Security Features: Security Gate Patio And Porch Features: Covered; Front Porch; Patio; Porch; Rear Porch; Screened Pool Features: In Ground; Electric Heat; Heated; Salt Water; Screen Enclosure; Waterfall 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: Community Pool; Dog Park; Gated; Jogging Path; Playground Community Features: Gated; Sidewalks Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing