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.

465 SUMMERSET Drive, St. Johns, FL 32259 (MLS# 809926)

465 SUMMERSET Drive, St. Johns, FL 32259

$640,000

Virtual Tour

http://www.tourfactory.com/idxr1490729

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,561 Status: Closed

Current Price: $640,000 List Date: 1/22/2016 Last Modified: 7/24/2026

Overview

Description

Exquisite 5 bedroom/6 bath estate home on a large and private preserve lot. You will feel like you have entered into a Better Homes and Garden magazine when you step onto the slate tile of the inviting front porch. As you walk through the 8' leaded glass front door, you will be greeted by natural light, gorgeous wood floors, crown molding, plantation shutters and an elegant iron staircase. The sparkling pool and the back preserve is the perfect view throughout the downstairs. There is plenty of room with both a master suite and a second bedroom suite downstairs. A stately office with a glass door also is conveniently located downstairs. A classy backsplash, warm wood cabinets, stainless appliances with a double oven, an extra large island and granite counters complement the lovely kitchen

Supplements: with an eat-in nook. Gather by the wood burning fireplace in the family room that is adorned by built-in bookshelves. There is a stop and drop mud area and an oversized laundry room with cabinets and a sink as you come in through the garage. Upstairs you will find three oversized bedrooms, complete with their own walk-in closet and bathroom. If thi ... (Read more)

Listing Details MLS# 809926

General Property Information

Bedrooms Total: 5
Bathrooms Full: 6
Bathrooms Total: 6
Living Area: 4561
Living Area Source: Public Records
Year Built: 2005
Association YN: Yes
Association Fee: 522
Association Fee Frequency: Annually
Association Name: Bartram Plantation
Association Phone: 904-268-0035
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: South on SR13, left on Greenbrier Rd, 1st right into Bartram Plantation, left on Bridge Creek, 3/4 away around roundabout on SECOND Summerset, house is on right.
Public Remarks: Exquisite 5 bedroom/6 bath estate home on a large and private preserve lot. You will feel like you have entered into a Better Homes and Garden magazine when you step onto the slate tile of the inviting front porch. As you walk through the 8' leaded glass front door, you will be greeted by natural light, gorgeous wood floors, crown molding, plantation shutters and an elegant iron staircase. The sparkling pool and the back preserve is the perfect view throughout the downstairs. There is plenty of room with both a master suite and a second bedroom suite downstairs. A stately office with a glass door also is conveniently located downstairs. A classy backsplash, warm wood cabinets, stainless appliances with a double oven, an extra large island and granite counters complement the lovely kitchen
List Price/SqFt: 142.51
Sold Price/SqFt: 140.32

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Gas Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco; Other Exterior Features: Balcony Patio And Porch Features: Covered; Front Porch; Patio Pool Features: In Ground; Pool Sweep Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard Current Use: Residential Association Amenities: Playground Road Surface Type: Concrete Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-01-22

Location Tax and Legal

Street Number: 465
Street Name: SUMMERSET
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Bartram Plantation

Status Change Information

Major Change Timestamp: 2016-04-11T12:57:45Z
Major Change Type: Status Change
Purchase Contract Date: 2016-02-18
Close Date: 2016-04-08
Close Price: 640000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y
Public Historical Remarks 3: Occupant Type: Appointment, Call Listing Office, Occupied - Lockbox

Room Information

Room Name
Living Room
Family Room
Office
Utility Room

Listing Office: DAVIDSON REALTY, INC.

Last Updated: July - 24 - 2026

Information deemed reliable but not guaranteed.