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.

494 GRAMPIAN HIGHLANDS Drive, St. Johns, FL 32259 (MLS# 2109822)

494 GRAMPIAN HIGHLANDS Drive, St. Johns, FL 32259

$390,000

Virtual Tour

https://www.zillow.com/view-imx/179c819a-5e55-47d1-a758-ac3f066f0269?wl=true&setAttribution=mls&initialViewType=pano

7-web-or-mls-Grampian Highlands Dr-S2409

17-web-or-mls-Grampian Highlands Dr-S240

16-web-or-mls-Grampian Highlands Dr-S240

22-web-or-mls-Grampian Highlands Dr-S240

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,861 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $390,000 List Date: 9/25/2025 Last Modified: 12/29/2025

Overview

Description

Don't wait! Huge price reduction by motivated sellers! Four bedroom St. Johns home on a serene preserve lot with updated LVP flooring. Featuring a custom statement wall with electric fireplace in a living room that flows into the kitchen and dining areas - perfect for entertaining or quality family time. The master suite offers tranquil views out the bay window, dual closets and ensuite with large shower. Three additional bedrooms and hall bath complete the split floorplan design. Enjoy outdoor living with a private backyard overlooking the preserve, ideal for relaxation or watching wildlife. The community offers resort-style amenities, including a clubhouse, pool, fitness center, basketball court and playgrounds. Located near shopping, and major commuting routes, this home combines comfort and convenience. Schedule your private tour today!

Listing Details MLS# 2109822

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1861
Living Area Source: Assessor
Year Built: 2014
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.21
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2116.32
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From I-95 - Take exit for SR-9B South toward CR-2209. Take exit onto St. Johns Pkwy N. Turn left onto Longleaf Pine Pkwy. Turn left onto Shetland Dr (Sutherland Forest neighborhood sign). Take your first left onto Gaelic Way - the home is directly across from the stop sign at the corner of Gaelic and Grampian Highlands.
Public Remarks: Don't wait! Huge price reduction by motivated sellers! Four bedroom St. Johns home on a serene preserve lot with updated LVP flooring. Featuring a custom statement wall with electric fireplace in a living room that flows into the kitchen and dining areas - perfect for entertaining or quality family time. The master suite offers tranquil views out the bay window, dual closets and ensuite with large shower. Three additional bedrooms and hall bath complete the split floorplan design. Enjoy outdoor living with a private backyard overlooking the preserve, ideal for relaxation or watching wildlife. The community offers resort-style amenities, including a clubhouse, pool, fitness center, basketball court and playgrounds. Located near shopping, and major commuting routes, this home combines comfort and convenience. Schedule your private tour today!
List Price/SqFt: 219.77
Sold Price/SqFt: 209.56

Property Features

Levels: One Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Electric Interior Features: Eat-in Kitchen; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s) Flooring: Laminate; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve; Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Playground Community Features: Sidewalks; Street Lights Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection