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.

513 WHITE JASMINE Way, St. Johns, FL 32259 (MLS# 2146190)

513 WHITE JASMINE Way, St. Johns, FL 32259

$2,200

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,848 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $2,200 List Date: 5/20/2026 Last Modified: 6/29/2026

Overview

Description

Single Family Brick home with 3 bedrooms, 2 bathrooms in the desired St. Johns County. Open floor plan with office, living, dining rooms and a fireplace. Fully Fenced backyard. Easy access to highways, shopping, dining, and medical facilities. Washer/dryer not provided by the owner. Lawn care is $140 per month.

Listing Details MLS# 2146190

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1848
Living Area Source: Public Records
Year Built: 2002
Lot Size Acres: 0.19
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From 95 South take exit 329 for CR 210 make Right onto Vinings community, Right onto 513 White Jasmine Way
Public Remarks: Single Family Brick home with 3 bedrooms, 2 bathrooms in the desired St. Johns County. Open floor plan with office, living, dining rooms and a fireplace. Fully Fenced backyard. Easy access to highways, shopping, dining, and medical facilities. Washer/dryer not provided by the owner. Lawn care is $140 per month.
List Price/SqFt: 1.19
Sold Price/SqFt: 1.19

Property Features

Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Interior Features: Ceiling Fan(s); His and Hers Closets; Open Floorplan; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Water Source: Public Parking Features: Attached Sewer: Public Sewer Fencing: Back Yard Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: Yes; Breed Restrictions; Number Limit

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-05-20
Lease Term: 12 Months
Availability Date: 2026-05-19

Location Tax and Legal

Street Number: 513
Street Name: WHITE JASMINE
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Vinings

Status Change Information

Major Change Timestamp: 2026-06-29T16:27:22Z
Major Change Type: Status Change
Purchase Contract Date: 2026-06-14
Close Date: 2026-06-27
Close Price: 2200

Deposits and Fees

Additional Fee: 95
Application Fee: 75
Pet Fee/Deposit: 395
Security Deposit: 2200

More Information

Listing Office: FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

Last Updated: June - 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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