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.

47 CUPCAKE Court, St. Johns, FL 32259 (MLS# 2137903)

47 CUPCAKE Court, St. Johns, FL 32259

$665,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,055 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $665,000 List Date: 4/01/2026 Last Modified: 5/25/2026

Overview

Description

Like NEW cul-de-sac home in St. Johns County offering a spacious layout & move-in-ready condition. This well-maintained home features comfortable living areas designed for both everyday & entertaining. Recent upgrades include new appliances, fresh interior & exterior paint, brand-new carpet throughout, new lighting, & new landscaping, creating a clean, modern feel from the moment you walk in. Flexible floor plan includes a 1st floor bedroom w/ en-suite full bath & French doors, ideal for an in-law suite, private office, or guest space. Light-filled living areas offer seamless flow throughout the home. Enjoy outdoor living on an oversized patio backing to a private preserve, providing a peaceful setting with added privacy. Cul-de-sac location offers minimal through traffic. Located in a highly desirable St. Johns community w/ access to top-rated schools, shopping, & dining just minutes away. Ideal for buyers seeking a turnkey home in a prime location.

Listing Details MLS# 2137903

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3055
Living Area Source: Public Records
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.23
Association YN: Yes
Association Fee: 272
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
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
Direction Faces: North
Directions: Take Exit 329 for CR-210 toward Green Cove Springs Head west on CR-210 Continue ~3-4 miles Turn right onto St. Johns Parkway Continue ~2 miles Turn left into the neighborhood (Beacon Lake area) Follow main road, then turn right onto Cupcake Court Arrive at 47 Cupcake Court (on the cul-de-sac)
Public Remarks: Like NEW cul-de-sac home in St. Johns County offering a spacious layout & move-in-ready condition. This well-maintained home features comfortable living areas designed for both everyday & entertaining. Recent upgrades include new appliances, fresh interior & exterior paint, brand-new carpet throughout, new lighting, & new landscaping, creating a clean, modern feel from the moment you walk in. Flexible floor plan includes a 1st floor bedroom w/ en-suite full bath & French doors, ideal for an in-law suite, private office, or guest space. Light-filled living areas offer seamless flow throughout the home. Enjoy outdoor living on an oversized patio backing to a private preserve, providing a peaceful setting with added privacy. Cul-de-sac location offers minimal through traffic. Located in a highly desirable St. Johns community w/ access to top-rated schools, shopping, & dining just minutes away. Ideal for buyers seeking a turnkey home in a prime location.
List Price/SqFt: 220.92
Sold Price/SqFt: 217.68

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit; Upper Level Utilities: Cable Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Brick Veneer; Fiber Cement Patio And Porch Features: Covered; Front Porch; Patio; Screened Roof: Shingle Parking Features: Garage Lot Features: Cul-De-Sac; Wooded View: Trees/Woods Fencing: Fenced Current Use: Residential; Single Family Association Amenities: Community Pool Association Fee Includes: Maintenance Grounds Community Features: Curbs; Sidewalks; Street Lights Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bathroom 4; Bedroom 2; Bedroom 3; Bedroom 5; Primary Bedroom