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 PIGEON Cove, St. Johns, FL 32259 (MLS# 2099464)

58 PIGEON Cove, St. Johns, FL 32259

$445,000

Virtual Tour

https://www.zillow.com/view-imx/a48ceb58-6212-4651-9c41-547988c35c79?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,811 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $445,000 List Date: 7/19/2025 Last Modified: 4/17/2026

Overview

Description

Coastal Charm Meets Modern Luxury in WaterSong at RiverTown. Step into the ultimate Florida lifestyle in this stunning, 2024 built Lane model home, nestled within the exclusive 55+ gated community of WaterSong at RiverTown. Completed in 2024, this 2-bedroom, 2-bathroom retreat with a 2-car garage with additional storage area blends breezy coastal elegance with top-tier upgrades—including a $15,000 whole-house Generac generator and a $5,000 water softener system. The home's crisp white and ocean blue palette sets the tone for serene, coastal-inspired living. The gourmet kitchen is a true centerpiece, boasting a dramatic white and grey-veined quartz island, ocean blue metal pendant lighting, classic white shaker cabinetry contrasted by a soft grey island, and stainless steel Whirlpool appliances—including a built-in wall oven, gas cooktop, and a stylish butler's bar with beverage fridge. A chevron-patterned white subway tile backsplash completes the designer look. The open-concept

Supplements: layout flows seamlessly into a spacious great room, designated dining area, and a versatile flex space with French doorsperfect for a home office or cozy den. Throughout the home, you'll find premium finishes such as luxury vinyl plank flooring, recessed LED lighting, a functional drop zone, ceiling fans and a well-appointed laundry room with uppe ... (Read more)

Listing Details MLS# 2099464

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1811
Living Area Source: Public Records
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.11
Association YN: Yes
Association Fee: 183
Association Fee Frequency: Monthly
Association Fee 2: 53
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2117.11
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: Yes
Senior Community YN: Yes
Directions: Longleaf Pine Pkwy to Keystone Corners Dr to Mistlflower Dr to Pelton Pl to Hedgerow St to Pigeon Cv.
Public Remarks: Coastal Charm Meets Modern Luxury in WaterSong at RiverTown. Step into the ultimate Florida lifestyle in this stunning, 2024 built Lane model home, nestled within the exclusive 55+ gated community of WaterSong at RiverTown. Completed in 2024, this 2-bedroom, 2-bathroom retreat with a 2-car garage with additional storage area blends breezy coastal elegance with top-tier upgrades—including a $15,000 whole-house Generac generator and a $5,000 water softener system. The home's crisp white and ocean blue palette sets the tone for serene, coastal-inspired living. The gourmet kitchen is a true centerpiece, boasting a dramatic white and grey-veined quartz island, ocean blue metal pendant lighting, classic white shaker cabinetry contrasted by a soft grey island, and stainless steel Whirlpool appliances—including a built-in wall oven, gas cooktop, and a stylish butler's bar with beverage fridge. A chevron-patterned white subway tile backsplash completes the designer look. The open-concept
List Price/SqFt: 254
Sold Price/SqFt: 245.72

Property Features

Levels: One Rental Restrictions: Other Appliances: Dishwasher; Disposal; Electric Oven; Gas Cooktop; Microwave; Tankless Water Heater; Wine Cooler; Other Interior Features: Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Electric: Underground; Whole House Generator Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Wrought Iron Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Road Frontage Type: Private Road Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Home Sale