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.

52 KEY GRASS Court, St. Johns, FL 32259 (MLS# 2102304)

52 KEY GRASS Court, St. Johns, FL 32259

$428,000

Virtual Tour

https://www.zillow.com/view-imx/89f1e971-d5c2-4c6d-9559-219a6ddc0462?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,712 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $428,000 List Date: 8/05/2025 Last Modified: 4/17/2026

Overview

Description

*Assumable 3.25% loan available* Discover effortless elegance in this stunning 2-bed, 2-bath Court model home located in WaterSong at RiverTown, an exclusive 55+ gated community in the heart of St. Johns, FL. Built in 2022, this meticulously maintained, like-new home offers 1,712 sq ft of thoughtfully designed living space on a preserve lot, complete with a 2-car garage and separate golf cart bay. Step inside to find luxury vinyl plank flooring throughout the main living areas and upgraded carpet in the bedrooms. The open-concept great room features serene views of the preserve, while the adjacent flex room—ideal as a home office or den—boasts French door entry. Relax in your spacious primary suite, with a tray ceiling, large walk-in closet and spa-like bathroom with a zero-entry marble-look tile shower and wood-framed circular mirrors. The gourmet kitchen is a chef's dream, showcasing white, grey veined quartz countertops, stainless steel Whirlpool appliances, gas range, LG ThinQ

Supplements: refrigerator, ocean blue glass subway tile backsplash, and a pantry closet with glass door. Enjoy meals at the dining island with seeded glass pendant lights or in the dining area under a farmhouse-style fixture. Additional features include a large laundry room with LG direct drive washer/dryer, drop zone with storage bench, recessed lighting, tank ... (Read more)

Listing Details MLS# 2102304

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1712
Living Area Source: Public Records
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.14
Association YN: Yes
Association Fee: 183
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
Association Name: Watersong HOA
CDD Fee YN: Yes
CDD Fee Amount: 2160.51
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2.5
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners to Mistflower to Juniper Hills to Kellet to Key Grass Ct
Public Remarks: *Assumable 3.25% loan available* Discover effortless elegance in this stunning 2-bed, 2-bath Court model home located in WaterSong at RiverTown, an exclusive 55+ gated community in the heart of St. Johns, FL. Built in 2022, this meticulously maintained, like-new home offers 1,712 sq ft of thoughtfully designed living space on a preserve lot, complete with a 2-car garage and separate golf cart bay. Step inside to find luxury vinyl plank flooring throughout the main living areas and upgraded carpet in the bedrooms. The open-concept great room features serene views of the preserve, while the adjacent flex room—ideal as a home office or den—boasts French door entry. Relax in your spacious primary suite, with a tray ceiling, large walk-in closet and spa-like bathroom with a zero-entry marble-look tile shower and wood-framed circular mirrors. The gourmet kitchen is a chef's dream, showcasing white, grey veined quartz countertops, stainless steel Whirlpool appliances, gas range, LG ThinQ
List Price/SqFt: 254.09
Sold Price/SqFt: 250

Property Features

Levels: One Rental Restrictions: Other Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub Flooring: Carpet; Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Electric: Underground Water Source: Public Security Features: Security Gate; Smoke Detector(s) Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection