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.

549 CHERYL Court, St. Johns, FL 32259 (MLS# 2055095)

549 CHERYL Court, St. Johns, FL 32259

$599,500

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,774 Status: Closed

Current Price: $599,500 List Date: 11/05/2024 Last Modified: 1/20/2026

Overview

Description

Welcome to your dream home on old oak tree-lined street! This stunning 4-bedroom, 2.5-bath residence offers 2,700 square feet of beautifully updated living space and sits at the end of a peaceful cul-de-sac on an expansive 0.70-acre lot. The lush backyard, filled with mature trees, provides a tranquil oasis perfect for relaxation and summer BBQ's or wintertime bonfires. When you arrive, you'll appreciate the side-entry garage and spacious driveway, which are perfect for accommodating multiple vehicles. Have a boat or RV? Behind the double gates, ample parking and storage space are ideal for your adventurous lifestyle. Step inside to discover a home that feels brand new and thoughtfully renovated with modern touches. The inviting foyer opens up to a versatile formal living area that can be tailored as your primary gathering space, while the cozy family room with a wood-burning fireplace offers picturesque views of the large deck and private backyard.

Supplements: The heart of this home, the kitchen, boasts new quartz countertops, stainless steel appliances, and generous space to whip up lunch or dinner. The adjoining breakfast room is spacious enough for lively meals and morning coffee. Throughout the home, you'll find new flooring, plush carpeting, and updated bathrooms featuring new cabinetry, fixtures, a ... (Read more)

Listing Details MLS# 2055095

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2774
Living Area Source: Public Records
Year Built: 1990
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: State Road 3 to Right on Fruit Cove Road to Left on Cheryl ct.
Public Remarks: Welcome to your dream home on old oak tree-lined street! This stunning 4-bedroom, 2.5-bath residence offers 2,700 square feet of beautifully updated living space and sits at the end of a peaceful cul-de-sac on an expansive 0.70-acre lot. The lush backyard, filled with mature trees, provides a tranquil oasis perfect for relaxation and summer BBQ's or wintertime bonfires. When you arrive, you'll appreciate the side-entry garage and spacious driveway, which are perfect for accommodating multiple vehicles. Have a boat or RV? Behind the double gates, ample parking and storage space are ideal for your adventurous lifestyle. Step inside to discover a home that feels brand new and thoughtfully renovated with modern touches. The inviting foyer opens up to a versatile formal living area that can be tailored as your primary gathering space, while the cozy family room with a wood-burning fireplace offers picturesque views of the large deck and private backyard.
List Price/SqFt: 216.11
Sold Price/SqFt: 216.11

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Electric Oven; Electric Water Heater; Ice Maker; Refrigerator Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet Laundry Features: In Unit Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central; Electric; Heat Pump Water Source: Private; Well Sewer: Septic Tank Construction Materials: Brick Veneer; Frame Patio And Porch Features: Deck Pool Features: None Roof: Shingle Parking Features: Attached; Garage Door Opener; RV Access/Parking Lot Features: Cul-De-Sac; Dead End Street View: Trees/Woods Fencing: Back Yard Current Use: Residential; Single Family Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-11-04

Location Tax and Legal

Street Number: 549
Street Name: CHERYL
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Oaks Cove

Status Change Information

Major Change Timestamp: 2024-12-17T19:24:14Z
Major Change Type: Status Change
Price Change Timestamp: 2024-11-13T15:57:34Z
Purchase Contract Date: 2024-11-15
Close Date: 2024-12-16
Close Price: 599500

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: ASSIST2SELL FULL SERVICE REALTY LLC.

Last Updated: January - 20 - 2026

Information deemed reliable but not guaranteed.