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.

49 JEFFERSON Avenue, Ponte Vedra Beach, FL 32082 (MLS# 1258301)

49 JEFFERSON Avenue, Ponte Vedra Beach, FL 32082

$999,375

Virtual Tour

https://mls.ricoh360.com/6da46376-8514-494b-83ba-77bb7d9184aa

53-ISO Perfect 49 Jefferson Ave PVB FL 0

1-ISO Perfect 49 Jefferson Ave PVB FL 00

49-ISO Perfect 49 Jefferson Ave PVB FL 0

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,792 Status: Closed

Current Price: $999,375 List Date: 11/20/2023 Last Modified: 8/29/2026

Overview

Description

If you have ever dreamed of a home east of A1A, short walk to the beach public access, this is the place. A brick home situated on a lot and a half, 90' X 140' lot, giving the new owner many options from starting over or remodeling and expanding to keeping it as is. The home has good bones. The neighborhood has very little traffic because there are no through streets.

Listing Details MLS# 1258301

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1792
Living Area Source: Public Records
Year Built: 1976
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: JTB east. South on Hwy A1A. Left on Solana Rd. Left at Christ Church on Golf View Cir. Left on Jefferson to property on Right.
Public Remarks: If you have ever dreamed of a home east of A1A, short walk to the beach public access, this is the place. A brick home situated on a lot and a half, 90' X 140' lot, giving the new owner many options from starting over or remodeling and expanding to keeping it as is. The home has good bones. The neighborhood has very little traffic because there are no through streets.
List Price/SqFt: 599.89
Sold Price/SqFt: 557.69

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Ranch Levels: One Rental Restrictions: No Minimum Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Brick Patio And Porch Features: Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac Current Use: Residential; Single Family Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Living Room

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2023-11-18

Location Tax and Legal

Street Number: 49
Street Name: JEFFERSON
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 251-Ponte Vedra Beach-E Of A1A-N Of Corona Rd
Subdivision Name: St Johns Seaview Pk

Status Change Information

Major Change Timestamp: 2024-05-15T15:17:05Z
Major Change Type: Status Change
Purchase Contract Date: 2024-01-11
Close Date: 2024-05-10
Close Price: 999375

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Brick Fireplace: Y
Public Historical Remarks 3: Intermediate School: Other, Occupant Type: Special Instructions, 24 hour notice, Call Listing Agent, Listing Agent Must Accompany, Tenant Occupied, Appointment

Room Information

Room Name
Living Room

Documents

Floorplan ›

Lead Based Paint Disclosure ›

Listing Office: WATSON REALTY CORP

Last Updated: August - 29 - 2026

Information deemed reliable but not guaranteed.

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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.

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