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.

488 ALBANY BAY Boulevard, St. Johns, FL 32259 (MLS# 2138993)

488 ALBANY BAY Boulevard, St. Johns, FL 32259

$2,550

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,750 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $2,550 List Date: 4/08/2026 Last Modified: 6/26/2026

Overview

Description

Nestled in the sought-after Beachwalk community, this END UNIT- 3-bedroom, 2.5-bath, 1-car garage townhome offers an open floor plan with wood-look tile flooring throughout the main living areas. The modern kitchen boasts quartz countertops, 42'' cabinetry, stainless steel appliances, and separate pantry. Upstairs features a spacious primary suite with ensuite bath-dual vanities, tiled shower, and oversized walk-in closet. A versatile loft/flex space, two additional bedrooms, full bath, and laundry room complete the 2nd level. The screened-in lanai provides the perfect spot to unwind and enjoy the outdoors. With its blend of style and functionality, this townhome delivers modern coastal living at its best. Amenity Package available for access to the lagoon, fitness center, tennis courts, pickleball courts, dog park, putting green, and on-site dining! Just minutes from shopping, dining, and entertainment--and zoned for top-rated St. Johns County schools. Trash collection included!

Listing Details MLS# 2138993

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1750
Living Area Source: Public Records
Year Built: 2020
Lot Size Acres: 0.12
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Senior Community YN: No
Directions: Exit 329 from I-95. Continue on County Road 210 E. Left into Beachwalk. Left on Albany Bay Blvd.
Public Remarks: Nestled in the sought-after Beachwalk community, this END UNIT- 3-bedroom, 2.5-bath, 1-car garage townhome offers an open floor plan with wood-look tile flooring throughout the main living areas. The modern kitchen boasts quartz countertops, 42'' cabinetry, stainless steel appliances, and separate pantry. Upstairs features a spacious primary suite with ensuite bath-dual vanities, tiled shower, and oversized walk-in closet. A versatile loft/flex space, two additional bedrooms, full bath, and laundry room complete the 2nd level. The screened-in lanai provides the perfect spot to unwind and enjoy the outdoors. With its blend of style and functionality, this townhome delivers modern coastal living at its best. Amenity Package available for access to the lagoon, fitness center, tennis courts, pickleball courts, dog park, putting green, and on-site dining! Just minutes from shopping, dining, and entertainment--and zoned for top-rated St. Johns County schools. Trash collection included!
List Price/SqFt: 1.46
Sold Price/SqFt: 1.46

Property Features

Additional Lease Terms: 12 Months Owner Pays: Exterior Maintenance; Grounds Care; Management; Trash Collection Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Laundry Features: In Unit; Upper Level Patio And Porch Features: Covered; Patio; Rear Porch; Screened Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s) Water Source: Public Parking Features: Additional Parking; Attached; Garage Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Rent Includes: Trash Collection Tenant Pays: Cable TV; Electricity; Water Pets Allowed: Yes; Dogs OK

Contract Information

Rental Service: Other
Rental Application URL: https://aregpropertymanagement.rentvine.com/public/apply?unitID=26
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-04-08
Lease Term: 12 Months
Availability Date: 2026-06-01

Location Tax and Legal

Street Number: 488
Street Name: ALBANY BAY
Street Suffix: Boulevard
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2026-06-26T19:57:45Z
Major Change Type: Status Change
Price Change Timestamp: 2026-05-10T22:17:59Z
Purchase Contract Date: 2026-05-27
Close Date: 2026-06-10
Close Price: 2550

Deposits and Fees

Application Fee: 50
Pet Fee/Deposit: 250
Security Deposit: 2600

More Information

Listing Office: ANCHORED REAL ESTATE GROUP LLC

Last Updated: June - 26 - 2026

Information deemed reliable but not guaranteed.