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.

564 E KESLEY Lane, St. Johns, FL 32259 (MLS# 1097790)

564 E KESLEY Lane, St. Johns, FL 32259

$823,500

BEDROOM 2 CONNECTS TO JACK AND JILL BATH

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,868 Status: Closed

Current Price: $823,500 List Date: 3/04/2021 Last Modified: 8/31/2026

Overview

Description

Welcome home to this beautiful ICI home in gated Magnolia Preserve in Julington Creek Plantation. Highlights include, formal livng and dining rooms, first floor office with french doors, guest bath plus 1/2 bath/pool bath, open kitchen with double ovens, large breakfast bar, granite & cherry cabinets, two story family room with fireplace and first floor Owner's Suite. Upstairs features 3 more spacioius bedrooms, a large bonus with wet bar, built-ins and 2 full baths. The spectacular backyard includes a large screened lanai with pavers, covered patio area, pool, spa, summer kitchen and outdoor fireplace all overlooking the pond to preserve view on .58 acres on quiet cul de sac. This private neighborhood is gated and has it's own recreational pool, gym and playground.

Listing Details MLS# 1097790

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3868
Living Area Source: Public Records
Year Built: 2006
Lot Size Dimensions: appr 217X134X208X100
Association YN: Yes
Association Fee: 320
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 806.36
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: From 9B, exit Peyton Parkway to Race Track Road. W on Race Track to R on Flora Branch. Through Guard Gate to R on Camberly Drive at Stop Sign, R On S Danbury, L on E Kesley to Cul De Sac.
Public Remarks: Welcome home to this beautiful ICI home in gated Magnolia Preserve in Julington Creek Plantation. Highlights include, formal livng and dining rooms, first floor office with french doors, guest bath plus 1/2 bath/pool bath, open kitchen with double ovens, large breakfast bar, granite & cherry cabinets, two story family room with fireplace and first floor Owner's Suite. Upstairs features 3 more spacioius bedrooms, a large bonus with wet bar, built-ins and 2 full baths. The spectacular backyard includes a large screened lanai with pavers, covered patio area, pool, spa, summer kitchen and outdoor fireplace all overlooking the pond to preserve view on .58 acres on quiet cul de sac. This private neighborhood is gated and has it's own recreational pool, gym and playground.
List Price/SqFt: 226.19
Sold Price/SqFt: 212.9

Property Features

Approx Parcel Size: .51 to 1 Acre Appliances: Dishwasher; Disposal; Dryer; Electric Water Heater; Gas Range; Microwave; Washer Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Propane; Other Cooling: Central Air; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Other Structures: Outdoor Kitchen Patio And Porch Features: Patio Pool Features: In Ground; Heated; Pool Sweep; Screen Enclosure Spa Features: Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve; Water Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Playground; Security; Tennis Court(s) Association Fee Includes: Security Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-03-03

Location Tax and Legal

Street Number: 564
Street Direction Prefix: E
Street Name: KESLEY
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek Plan

Status Change Information

Major Change Timestamp: 2021-04-28T21:58:04Z
Major Change Type: Status Change
Purchase Contract Date: 2021-03-29
Close Date: 2021-04-28
Close Price: 823500

Fireplace Features

Fireplaces Total: 2

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Bath-Owner Bath W/Whirlpool: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Glass Block Window(s): Y, Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: ICI
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Atrium Door(s): Y, Side Entry Garage: Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Living Room
Family Room
Office
Utility Room

Documents

CDD DISCLOSURE ›

HOA DISCLOSURE ›

Listing Office: RE/MAX SPECIALISTS

Last Updated: August - 31 - 2026

Information deemed reliable but not guaranteed.