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.

58 BLUE NILE Way, St. Johns, FL 32259 (MLS# 2050550)

58 BLUE NILE Way, St. Johns, FL 32259

$2,800

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,200 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $2,800 List Date: 10/04/2024 Last Modified: 6/12/2026

Overview

Description

Practically BRAND NEW! This 4 bedroom 3 bathroom home is located in a quite cul-de-sac the highly desirable Grand Creek in St. Johns! Upon entering, you'll be greeted by great natural light, tile flooring and an open concept space. In the front of the home is a wonderful in-law suite or office which features a full en-suite bathroom with tub/shower combo. The kitchen has tons of counter space, an island with space for seating, farm style sink, full walk-in pantry and upgraded cabinets. The primary bedroom features TWO huge walk-in closets and an exquisite en-suite with large shower, separate tub and double vanities. The other guest bedrooms are very spacious, feature large closet space and share an en-suite with tub/shower combo and large vanity. The separate laundry room features brand new washer/dryer and shelves for storage. Step outside to a relaxation paradise in your fully screened in porch! Home is conveniently located close by the community amenities which includes a

Supplements: community pool, playground and much more.

Listing Details MLS# 2050550

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2200
Living Area Source: Builder
Year Built: 2023
Lot Size Acres: 0.18
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: from county road 210 west...continue to longleaf pine pkwy...turn left onto brown bear run..take a right onto blue nile way. Home is located on the right.
Public Remarks: Practically BRAND NEW! This 4 bedroom 3 bathroom home is located in a quite cul-de-sac the highly desirable Grand Creek in St. Johns! Upon entering, you'll be greeted by great natural light, tile flooring and an open concept space. In the front of the home is a wonderful in-law suite or office which features a full en-suite bathroom with tub/shower combo. The kitchen has tons of counter space, an island with space for seating, farm style sink, full walk-in pantry and upgraded cabinets. The primary bedroom features TWO huge walk-in closets and an exquisite en-suite with large shower, separate tub and double vanities. The other guest bedrooms are very spacious, feature large closet space and share an en-suite with tub/shower combo and large vanity. The separate laundry room features brand new washer/dryer and shelves for storage. Step outside to a relaxation paradise in your fully screened in porch! Home is conveniently located close by the community amenities which includes a
List Price/SqFt: 1.27
Sold Price/SqFt: 1.27

Property Features

Additional Lease Terms: 12 Months; 24 Months; Negotiable Owner Pays: Association Fees; Pest Control Architectural Style: Contemporary; Ranch; Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Smart Home Features: Dishwasher; Irrigation; Programmable Thermostat; Refrigerator; Security Patio And Porch Features: Covered; Porch; Rear Porch; Screened Association Amenities: Community Pool; Jogging Path; Park; Playground Water Source: Public Parking Features: Covered; Garage; Garage Door Opener Sewer: Public Sewer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Natural Gas Road Surface Type: Asphalt Rent Includes: None Tenant Pays: All Utilities Pets Allowed: Yes; Call; Cats OK; Dogs OK; Number Limit

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2024-10-04
Lease Term: 12 Months

Location Tax and Legal

Street Number: 58
Street Name: BLUE NILE
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Grand Creek North

Status Change Information

Major Change Timestamp: 2024-11-23T00:50:52Z
Major Change Type: Status Change
Purchase Contract Date: 2024-11-01
Close Date: 2024-11-22
Close Price: 2800

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 250
Security Deposit: 2800

More Information

Listing Office: RE/MAX UNLIMITED

Last Updated: June - 12 - 2026

Information deemed reliable but not guaranteed.