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.

532 CARAWAY Court, St. Johns, FL (MLS# 826731)

532 CARAWAY Court, St. Johns, FL

$502,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,636 Status: Closed

Current Price: $502,000 List Date: 5/06/2016 Last Modified: 1/18/2026

Overview

Description

Gorgeous 5BR/3.5B custom-built home features Tigerwall on 1st level. Distressed mahogany double front doors w/custom glass, wide plank HW floors in DR, LR, & Kit. Gourmet kit w/new downdraft cooktop on island, granite countertops, antiqued & honed marble tile backsplash & wall. Farmhouse sink & Towe & Perrin kitchen faucet. Upgraded lighting & chandeliers throughout home. Master bath w/Italian tile flooring, garden soaking tub & antiqued honed marble tile shower w/Kohler fixtures. All baths have been updated new tile & granite. New carpet throughout. Family Room w/beautiful fireplace & French doors that open to screened porch. Oversized in-ground pool was just remarcited & new salt water system installed + large pavered surround. Both HVAC just replaced. Prof. landscaped on cul-de-sac lot.

Supplements: lot.

Listing Details MLS# 826731

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3636
Living Area Source: Appraiser
Year Built: 1999
Homestead YN: Yes
Lot Size Dimensions: 81 x 116 x 109 x 145
Association YN: Yes
Association Fee: 380
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 727
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From I-295, south on SR 13 to Julington Creek Plantation. left on Davis Pond, right on Durbin, right on Cattail,right on Sweetbrier, left on Caraway to end of cul-de-sac.
Public Remarks: Gorgeous 5BR/3.5B custom-built home features Tigerwall on 1st level. Distressed mahogany double front doors w/custom glass, wide plank HW floors in DR, LR, & Kit. Gourmet kit w/new downdraft cooktop on island, granite countertops, antiqued & honed marble tile backsplash & wall. Farmhouse sink & Towe & Perrin kitchen faucet. Upgraded lighting & chandeliers throughout home. Master bath w/Italian tile flooring, garden soaking tub & antiqued honed marble tile shower w/Kohler fixtures. All baths have been updated new tile & granite. New carpet throughout. Family Room w/beautiful fireplace & French doors that open to screened porch. Oversized in-ground pool was just remarcited & new salt water system installed + large pavered surround. Both HVAC just replaced. Prof. landscaped on cul-de-sac lot.
List Price/SqFt: 145.74
Sold Price/SqFt: 138.06

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater Interior Features: Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Stucco Pool Features: In Ground Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear; Wooded Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Community Pool; Golf Course; Jogging Path; Playground; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-05-06

Location Tax and Legal

Street Number: 532
Street Name: CARAWAY
Street Suffix: Court
County: St. Johns
State: FL
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Deer Run

Status Change Information

Major Change Timestamp: 2016-07-11T16:01:30Z
Major Change Type: Status Change
Purchase Contract Date: 2016-06-18
Close Date: 2016-07-08
Close Price: 502000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Club Amenities-Nature Trails: Y, Structure Builder: John Wieland, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-French Door(s): Y, Side Entry Garage: Y, Fireplace-Family Room: Y, Fireplace Mantle: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Occupied - Lockbox

Room Information

Room Name
Living Room
Family Room
Utility Room

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: January - 18 - 2026

Information deemed reliable but not guaranteed.