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 HUTCHINSON Lane, St. Johns, FL 32095 (MLS# 1113261)

47 HUTCHINSON Lane, St. Johns, FL 32095

$789,990

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,285 Status: Closed

Current Price: $789,990 List Date: 6/02/2021 Last Modified: 9/30/2026

Overview

Description

BOCA II MODEL HOME IN BEACON LAKE FOR SALE! One of St. John's county most sought after communities. Very popular floorplan home with 4 bedrooms, 4 bathrooms, 3 car garage. This home also has a study, formal dining room, and a bonus room with a wet bar. Too many upgrades to list them all. Upgraded tile work throughout, cabinets, upgraded countertops, free standing tub in the private owner's suite. Hidden sliders lead you to a summer kitchen with an extended lanai, pergola, and an outdoor fire pit. Full irrigation system and professionally landscaped yard. Short term leaseback needed with a 60 day vacate notice. Cash buyers only!

Listing Details MLS# 1113261

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3285
Living Area Source: Plans
Year Built: 2018
Association YN: Yes
Association Fee: 61
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2023
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From I-95 South: Exit 329 for CR 210--Turn Left (east) onto CR 210--Travel approx 1.5 miles, turn right into Beacon Lake subdivision--Take the first right on Hutchinson Ln, the model is on the left.
Public Remarks: BOCA II MODEL HOME IN BEACON LAKE FOR SALE! One of St. John's county most sought after communities. Very popular floorplan home with 4 bedrooms, 4 bathrooms, 3 car garage. This home also has a study, formal dining room, and a bonus room with a wet bar. Too many upgrades to list them all. Upgraded tile work throughout, cabinets, upgraded countertops, free standing tub in the private owner's suite. Hidden sliders lead you to a summer kitchen with an extended lanai, pergola, and an outdoor fire pit. Full irrigation system and professionally landscaped yard. Short term leaseback needed with a 60 day vacate notice. Cash buyers only!
List Price/SqFt: 243.53
Sold Price/SqFt: 240.48

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Disposal; Tankless Water Heater Interior Features: Primary Downstairs; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Smart Home Features: Programmable Thermostat Roof: Shingle Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Tennis Court(s) Possession: Negotiable Listing Terms: Cash

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-06-02

Location Tax and Legal

Street Number: 47
Street Name: HUTCHINSON
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 304- 210 South
Subdivision Name: Beacon Lake

Status Change Information

Major Change Timestamp: 2021-08-04T16:04:38Z
Major Change Type: Status Change
Purchase Contract Date: 2021-06-30
Close Date: 2021-06-30
Close Price: 789990

Historical Information

Public Historical Remarks 1: Model Home For Sale: Y
Public Historical Remarks 2: Structure Slab: Y
Public Historical Remarks 3: Intermediate School: Other

More Information

Listing Office: DREAM FINDERS REALTY LLC

Last Updated: September - 30 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

Compare listings

Compare