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.

501 CANDYROOT Court, St. Johns, FL 32259 (MLS# 2017801)

501 CANDYROOT Court, St. Johns, FL 32259

$575,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,242 Status: Closed

Current Price: $575,000 List Date: 5/10/2024 Last Modified: 5/06/2026

Overview

Description

This beauty is Back On The Market due to Buyer's financing falling through. This stunning corner lot with a picturesque backdrop, backing onto a serene pond, offers a harmonious blend of natural beauty and modern luxury. A bonus...The home is located in St Johns county, the top school district in the state of Florida. Step inside this meticulously remodeled home to discover a spacious interior featuring 4 bedrooms and 3 remodeled baths, providing ample space for comfortable living. The gourmet kitchen with new countertops, and island, stainless steel appliances, and 2 walk-in pantries provides a great space for family gatherings and entertaining guests. Cozy up on chilly evenings by the wood-burning fireplace, creating cherished memories with loved ones in the inviting living area.

Supplements: Every corner of this home exudes refinement, with new windows inviting abundant natural light and framing scenic views of the surrounding landscape. A new roof, HVAC & water heater ensures peace of mind for years to come, while fresh paint adorns the walls creating a canvas ready for your personal touch. The seamless flow of the newly installed vin ... (Read more)

Listing Details MLS# 2017801

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2242
Living Area Source: Public Records
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Association YN: Yes
Association Fee: 490
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1016.84
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Direction Faces: East
Directions: From I295 S, keep left to continue on FL-9B S, take exit 6, use right 2 lanes to take ramp to Race Track Rd., merge onto W Peyton Pkwy, turn left onto Race Track Rd, right on Linde Ave, left onto W Tropical Trace, left on Candyroot Court. Home will be the corner lot on the right.
Public Remarks: This beauty is Back On The Market due to Buyer's financing falling through. This stunning corner lot with a picturesque backdrop, backing onto a serene pond, offers a harmonious blend of natural beauty and modern luxury. A bonus...The home is located in St Johns county, the top school district in the state of Florida. Step inside this meticulously remodeled home to discover a spacious interior featuring 4 bedrooms and 3 remodeled baths, providing ample space for comfortable living. The gourmet kitchen with new countertops, and island, stainless steel appliances, and 2 walk-in pantries provides a great space for family gatherings and entertaining guests. Cozy up on chilly evenings by the wood-burning fireplace, creating cherished memories with loved ones in the inviting living area.
List Price/SqFt: 256.24
Sold Price/SqFt: 256.47

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Sink; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Smoke Detector Security Features: Security System Owned Construction Materials: Frame; Stucco Other Structures: Shed(s) Exterior Features: Fire Pit Patio And Porch Features: Covered; Rear Porch; Screened Pool Features: In Ground; Pool Sweep; Screen Enclosure Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Dead End Street; Sprinklers In Front; Sprinklers In Rear View: Pond Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Children's Pool; Clubhouse; Dog Park; Fitness Center; Park; Playground; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA