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.

527 MARQUESA Circle, St. Johns, FL 32259 (MLS# 2148662)

527 MARQUESA Circle, St. Johns, FL 32259

$3,900

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,549 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $3,900 List Date: 6/04/2026 Last Modified: 10/21/2026

Overview

Description

Newer townhome is light and bright throughout! Enjoy the covered patio right off the family room or covered balcony off the primary bedroom. Features include plantation shutters, large open kitchen with stainless steel appliances, electric fireplace, 10'' ceilings on first floor, water softener, and tankless water heater. Club membership and washer & dryer are included for care-free and convenient living. Located close to the lagoon and amenity center and walking distance to A-rated Beachside High School plus only 15 minute ride to Town Center, historic St. Augustine and beaches. All Watson Property Management residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection.

Listing Details MLS# 2148662

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2549
Living Area Source: Assessor
Year Built: 2023
Lot Size Acres: 0.12
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From I-95 Sto exit 329 to L on CR 210 to L at first entrance to Beachwalk to R onto Marquesa Ct.
Public Remarks: Newer townhome is light and bright throughout! Enjoy the covered patio right off the family room or covered balcony off the primary bedroom. Features include plantation shutters, large open kitchen with stainless steel appliances, electric fireplace, 10'' ceilings on first floor, water softener, and tankless water heater. Club membership and washer & dryer are included for care-free and convenient living. Located close to the lagoon and amenity center and walking distance to A-rated Beachside High School plus only 15 minute ride to Town Center, historic St. Augustine and beaches. All Watson Property Management residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection.
List Price/SqFt: 1.52
Sold Price/SqFt: 1.53

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Fireplace Features: Electric Interior Features: Breakfast Bar; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Laundry Features: In Unit; Upper Level Patio And Porch Features: Porch; Rear Porch Association Amenities: Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Playground; Tennis Court(s) Water Source: Public Parking Features: Attached; Garage Sewer: Public Sewer Utilities: Cable Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Rental Service: None
Property Sub Type: Townhouse
Listing Contract Date: 2026-06-04
Lease Term: 12 Months

Location Tax and Legal

Street Number: 527
Street Name: MARQUESA
Street Suffix: Circle
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2026-07-24T12:00:38Z
Major Change Type: Status Change
Price Change Timestamp: 2026-06-22T15:12:41Z
Purchase Contract Date: 2026-07-08
Close Date: 2026-08-01
Close Price: 3900

Deposits and Fees

Additional Fee: 125
Application Fee: 75
Pet Fee/Deposit: 25
Security Deposit: 4000
Terms of Payment: $25 per month per pet

More Information

Listing Office: WATSON REALTY CORP (Prop Mgmt)

Last Updated: October - 21 - 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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