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.

518 SILVERLEAF VILLAGE Drive, St. Johns, FL 32092 (MLS# 2134892)

518 SILVERLEAF VILLAGE Drive, St. Johns, FL 32092

$645,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,165 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $645,000 List Date: 3/13/2026 Last Modified: 5/21/2026

Overview

Description

Situated on a premium corner lot in SilverLeaf Village with low HOA fees and NO CDD, this extensively upgraded MasterCraft pool home offers over $200,000 in post-build enhancements and a fully completed backyard retreat -- delivering a true ''better than new'' opportunity without the wait of new construction. The open floor plan is filled with natural light and enhanced by wide-plank luxury vinyl flooring, plantation shutters, and clean architectural details throughout. The chef's kitchen features double ovens, a 36'' gas cooktop with pot filler, upgraded cabinetry, a sleek glass-panel refrigerator, and a spacious walk-in pantry. All kitchen appliances convey. The owner's suite offers a spa-style bath with dual vanities, an oversized walk-in shower with double shower heads, and a large walk-in closet that conveniently connects to the laundry room. The washer and gas dryer convey.

Supplements: Two secondary bedrooms share a well-designed Jack and Jill bath, while a dedicated office provides an ideal work-from-home space. Triple sliding glass doors open to a professionally designed outdoor living area built for both entertaining and everyday enjoyment. The covered lanai features an outdoor television, natural gas grill connection, and a g ... (Read more)

Listing Details MLS# 2134892

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2165
Living Area Source: Public Records
Year Built: 2021
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.18
Association YN: Yes
Association Fee: 1600
Association Fee Frequency: Annually
CDD Fee YN: No
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: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: From I-95 to CR210, head west o CR210, left on St. Johns Parkway, Left into Silverleaf Village on Silverleaf Village Dr. Home on right.
Public Remarks: Situated on a premium corner lot in SilverLeaf Village with low HOA fees and NO CDD, this extensively upgraded MasterCraft pool home offers over $200,000 in post-build enhancements and a fully completed backyard retreat -- delivering a true ''better than new'' opportunity without the wait of new construction. The open floor plan is filled with natural light and enhanced by wide-plank luxury vinyl flooring, plantation shutters, and clean architectural details throughout. The chef's kitchen features double ovens, a 36'' gas cooktop with pot filler, upgraded cabinetry, a sleek glass-panel refrigerator, and a spacious walk-in pantry. All kitchen appliances convey. The owner's suite offers a spa-style bath with dual vanities, an oversized walk-in shower with double shower heads, and a large walk-in closet that conveniently connects to the laundry room. The washer and gas dryer convey.
List Price/SqFt: 299.77
Sold Price/SqFt: 297.92

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Gas Dryer Hookup Utilities: Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Covered; Rear Porch; Screened Pool Features: In Ground; Gas Heat; Salt Water; Screen Enclosure Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Fenced Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Showing Requirements: Other