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 HERTFORD BRIDGE Way, St. Johns, FL 32259 (MLS# 1246396)

47 HERTFORD BRIDGE Way, St. Johns, FL 32259

$800,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,396 Status: Closed

Current Price: $800,000 List Date: 9/06/2023 Last Modified: 1/18/2026

Overview

Description

Welcome home to Oxford Estates, one of St. Johns, Florida's luxury communities. Upon entering the community through the double iron gates, past the manicured entrance and lawns, you know this is the place to call home. 47 Hertford Bridge Way does not disappoint; this home is like new! Built in 2021 it features a tandem 2.5 car garage, 4 bedrooms, 4.5 baths. It is situated on a large estate-sized private lot with plenty of room for a pool and backs up to a preserve, making it perfect for those back yard gatherings with family and friends. Wood features and trim throughout the home show its meticulous details. The large windows and sliding glass doors bring in an abundance of natural light leading from the oversized family room to the gourmet kitchen.

Supplements: Enjoy the oversized center island with granite countertops and 42-inch cabinets with finished trims. A massive walk-in pantry right off the kitchen great for all your storage needs. The large primary bedroom is located on the main level along with an additional oversized guest bedroom and den, which could be converted to a fifth bedroom if desire ... (Read more)

Listing Details MLS# 1246396

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3396
Living Area Source: Public Records
Year Built: 2021
Association YN: Yes
Association Fee: 1124.13
Association Fee Frequency: Annually
Association Fee 2: 1000
Association Name: Oxford Estates
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2.5
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Directions: From 95 Take County Rd 210 west, Right on Longleaf Pines Parkway, Right on Oxbridge Way, enter through gate,
Public Remarks: Welcome home to Oxford Estates, one of St. Johns, Florida's luxury communities. Upon entering the community through the double iron gates, past the manicured entrance and lawns, you know this is the place to call home. 47 Hertford Bridge Way does not disappoint; this home is like new! Built in 2021 it features a tandem 2.5 car garage, 4 bedrooms, 4.5 baths. It is situated on a large estate-sized private lot with plenty of room for a pool and backs up to a preserve, making it perfect for those back yard gatherings with family and friends. Wood features and trim throughout the home show its meticulous details. The large windows and sliding glass doors bring in an abundance of natural light leading from the oversized family room to the gourmet kitchen.
List Price/SqFt: 248.82
Sold Price/SqFt: 235.57

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Natural Gas Available; Other Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Appliances; Lighting Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Front Porch; Patio Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Jogging Path; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-09-06

Location Tax and Legal

Street Number: 47
Street Name: HERTFORD BRIDGE
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Oxford Estates

Status Change Information

Major Change Timestamp: 2023-11-02T01:34:16Z
Major Change Type: Status Change
Purchase Contract Date: 2023-09-25
Close Date: 2023-11-01
Close Price: 800000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Tinted Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Aluminum Fencing: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Oversize Garage/Storage: Y
Public Historical Remarks 3: Intermediate School: Other