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.

463 FRESHWATER Drive, St. Johns, FL 32259 (MLS# 2136664)

463 FRESHWATER Drive, St. Johns, FL 32259

$825,000

Second Bedroom Located Downstairs/Office

Upstairs Hallway into 3rd & 4th Bedrooms

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,915 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $825,000 List Date: 4/02/2026 Last Modified: 6/16/2026

Overview

Description

Welcome home to this beautiful San Tropez model by Toll Brothers; a two-story retreat in the highly sought after gated community of Julington Lakes, located in the desirable St. Johns County School District. Thoughtfully designed for both comfort and everyday living, this 5 bedroom, 3.5 bathroom home offers a warm and inviting layout with the primary suite and a secondary bedroom conveniently located downstairs. The spacious primary retreat features a spa inspired ensuite with a relaxing soaker tub, perfect for unwinding at the end of the day. The heart of the home showcases a cozy fireplace with floating shelves and built-ins, creating the perfect setting for gathering with family and friends. An updated butler's pantry adds both charm and function for entertaining, while the newly built mudroom keeps daily life organized. Step outside to enjoy the screened lanai, overlooking a peaceful backyard with no home to the left. Backyard fully fenced with plum, orange and lemon trees

Supplements: with extra privacy and room to roam. Upstairs, three secondary bedrooms surround a bonus loft ideal for a playroom, media space, or additional living area. A recently renovated bathroom and water softener system add comfort and convenience to this beautifully maintained home. This home is very well maintained and ready for its new owners! Reach out ... (Read more)

Listing Details MLS# 2136664

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3199
Living Area Source: Appraiser
Building Area Total: 3915
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
Association YN: Yes
Association Fee: 167
Association Fee Frequency: Monthly
Association Fee 2: 775
Association Fee 2 Frequency: One Time
Association Name: May Management
Association Phone: 904-940-1002x982
CDD Fee YN: No
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: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From exit 210 and 95, head west on 210. Make a right on Russell Sampson Rd and follow along until it becomes Longleaf Pine Parkway. Turn right onto Julington Lakes, left onto Freshwater. Home on left near culdesac.
Public Remarks: Welcome home to this beautiful San Tropez model by Toll Brothers; a two-story retreat in the highly sought after gated community of Julington Lakes, located in the desirable St. Johns County School District. Thoughtfully designed for both comfort and everyday living, this 5 bedroom, 3.5 bathroom home offers a warm and inviting layout with the primary suite and a secondary bedroom conveniently located downstairs. The spacious primary retreat features a spa inspired ensuite with a relaxing soaker tub, perfect for unwinding at the end of the day. The heart of the home showcases a cozy fireplace with floating shelves and built-ins, creating the perfect setting for gathering with family and friends. An updated butler's pantry adds both charm and function for entertaining, while the newly built mudroom keeps daily life organized. Step outside to enjoy the screened lanai, overlooking a peaceful backyard with no home to the left. Backyard fully fenced with plum, orange and lemon trees
List Price/SqFt: 257.89
Sold Price/SqFt: 257.89

Property Features

Architectural Style: Craftsman Levels: Two Appliances: Dishwasher; Disposal; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Electricity Available; Natural Gas Connected; Sewer Available; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard; Security Gate Construction Materials: Fiber Cement Patio And Porch Features: Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Maintenance Grounds; Playground; Tennis Court(s) Community Features: Curbs; Gated; Sidewalks; Street Lights Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection