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.

473 CHERYL Court, St. Johns, FL 32259 (MLS# 1075150)

473 CHERYL Court, St. Johns, FL 32259

$435,000

Virtual Tour

https://www.youtube.com/embed/Tap3EYMa8R8

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,168 Status: Closed

Current Price: $435,000 List Date: 9/27/2020 Last Modified: 5/07/2026

Overview

Description

Beautifully updated brick pool home with NO HOA OR CDD FEES! 4 beds and 2 full baths plus an additional 300 sq ft of living space with a heated/cooled florida room! Hand scraped wood floors throughout with tile in kitchen/bathrooms. Granite countertops in kitchen and bathroom. Kitchen includes new stainless steel appliances. Relax to the sounds of the waterfall on a private saltwater pool that is heated with solar panels. Outdoor fire pit overlooks the pool. Well/septic with Rainsoft water softener/filter. 2 new HVAC systems plus new ductwork throughout installed in 2019. Impact resistant windows. 1/2 acre lot with a fenced in backyard. Extra storage space with 3 sheds Extended driveway with double entry gate for boat/rv parking. Walking distance to shops and restaurants.

Listing Details MLS# 1075150

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2168
Living Area Source: Public Records
Year Built: 1986
Lot Size Dimensions: .50
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Directions: From I-295 exit (S) on san jose blvd., Go over Julington Creek Bridge, (R) on Fruit cove Rd., (L) on Cheryl ct. into oaks cove subdivision, Home will be on the left
Public Remarks: Beautifully updated brick pool home with NO HOA OR CDD FEES! 4 beds and 2 full baths plus an additional 300 sq ft of living space with a heated/cooled florida room! Hand scraped wood floors throughout with tile in kitchen/bathrooms. Granite countertops in kitchen and bathroom. Kitchen includes new stainless steel appliances. Relax to the sounds of the waterfall on a private saltwater pool that is heated with solar panels. Outdoor fire pit overlooks the pool. Well/septic with Rainsoft water softener/filter. 2 new HVAC systems plus new ductwork throughout installed in 2019. Impact resistant windows. 1/2 acre lot with a fenced in backyard. Extra storage space with 3 sheds Extended driveway with double entry gate for boat/rv parking. Walking distance to shops and restaurants.
List Price/SqFt: 193.68
Sold Price/SqFt: 200.65

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Nook; Built-in Features; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Other Water Source: Well Sewer: Septic Tank Smart Home Features: Smoke Detector Green Energy Efficient: Doors Security Features: Smoke Detector(s) Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Covered; Front Porch; Patio Pool Features: In Ground; Screen Enclosure; Solar Heat Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener; RV Access/Parking Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Fenced; Wood; Other Current Use: Residential; Single Family Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-09-27

Location Tax and Legal

Street Number: 473
Street Name: CHERYL
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Oaks Cove

Status Change Information

Major Change Timestamp: 2020-10-10T18:29:26Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-28
Close Date: 2020-10-09
Close Price: 435000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y, Structure Builder: Glen Reynolds
Public Historical Remarks 2: Atrium: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Down-Draft Cook top: Y, Side Entry Garage: Y

Room Information

Room Name	Level	Remarks
Florida Room
Utility Room
Primary Bedroom	First
Bedroom 1	First
Bedroom 2	First
Bedroom 3	First
Kitchen	First
Other	First	Breakfast Room
Dining Room	First	Separate Dining Room

Listing Office: FUTURE HOME REALTY INC

Last Updated: May - 07 - 2026

Information deemed reliable but not guaranteed.