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 FOREST EDGE Drive, St. Johns, FL 32259 (MLS# 2122109)

47 FOREST EDGE Drive, St. Johns, FL 32259

$439,000

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Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,192 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $439,000 List Date: 12/22/2025 Last Modified: 4/02/2026

Overview

Description

Welcome Home! Assumable 2.25% VA loan! This move in ready 4/2.5 Energy Star rated David Weekley home in Durbin Crossing has everything you need for style and comfort. 1st floor provides spacious open concept living designed for relaxation and entertainment including a flex space suitable for a home office, formal dining room or kids play area. Centralized kitchen w/ tile back splash, pendant lighting, large prep island and stainless steel appliances. 2nd floor features all 4 bedrooms. Primary BR w/ trayed ceiling, walk in closet, spacious bath retreat and his and hers double vanity. Upgrades include New HVAC (2023), wood look LVP flooring (2023), plantation shutters, ceiling fans and stylish lights fixtures. DC features resort style amenities including 2 pools, splash pad, gyms, clubhouse, parks, playgrounds, tennis, pickleball and basketball courts. Walking distance to Patriot Oaks Academy K-8, also quick access to 9B, I-95 and shopping. Zoned for A+ rated SJC schools.

Listing Details MLS# 2122109

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2192
Living Area Source: Public Records
Year Built: 2014
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.12
Association YN: Yes
Association Fee: 67
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2245
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
Senior Community YN: No
Directions: From I 95 take 9B S to St. Johns PKWY, R on St. Johns PKWY to Longleaf Pine PKWY, L on Longleaf Pine PKWY, Right on Orchid Way, R on Forest Edge Dr, H ome is on the L.
Public Remarks: Welcome Home! Assumable 2.25% VA loan! This move in ready 4/2.5 Energy Star rated David Weekley home in Durbin Crossing has everything you need for style and comfort. 1st floor provides spacious open concept living designed for relaxation and entertainment including a flex space suitable for a home office, formal dining room or kids play area. Centralized kitchen w/ tile back splash, pendant lighting, large prep island and stainless steel appliances. 2nd floor features all 4 bedrooms. Primary BR w/ trayed ceiling, walk in closet, spacious bath retreat and his and hers double vanity. Upgrades include New HVAC (2023), wood look LVP flooring (2023), plantation shutters, ceiling fans and stylish lights fixtures. DC features resort style amenities including 2 pools, splash pad, gyms, clubhouse, parks, playgrounds, tennis, pickleball and basketball courts. Walking distance to Patriot Oaks Academy K-8, also quick access to 9B, I-95 and shopping. Zoned for A+ rated SJC schools.
List Price/SqFt: 208.49
Sold Price/SqFt: 200.27

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Water Heater; Microwave; Washer; Water Softener Owned Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms Flooring: Vinyl Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Privacy; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Sidewalks; Street Lights; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan