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.

586 MARQUESA Circle, St. Johns, FL 32259 (MLS# 2066258)

586 MARQUESA Circle, St. Johns, FL 32259

$925,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,924 Status: Closed

Current Price: $925,000 List Date: 5/03/2025 Last Modified: 4/17/2026

Overview

Description

STUNNING HOME - PRIME LOCATION IN BEACHWALK - A MUST SEE!!! Enjoy the beach lifestyle without the risks and hassles of living on the ocean! This impeccably designed home features gorgeous, custom touches at every turn, and is located on a premium water-to-preserve lot just steps away from the amazing 14-acre Crystal Lagoon. Three-years young and immaculately maintained, this bright, open floor plan is perfect for a family, empty-nesters, or multi-gen alike. Featuring 4 bedrooms and 4 and a half baths - each bedroom has its own private ensuite, and all on one floor! The oversized lanai and outdoor kitchen overlook a picturesque, private lake and preserve. One-of-a-kind features, including smart home technology, and top-of-the-line finishes abound - from custom woodwork to the impressive, gourmet kitchen packed with upgrades. Featuring a large island with pendant lighting and premium quartz countertops, the stunning kitchen boasts a pot filler, double ovens, gas range,

Supplements: extensive cabinet space, and separate bar. Ten-foot tray ceilings throughout the living area and owner's suite. The oversized primary features luxury finishes, massive closet, and double walk-in shower. Towards the front of the home is a bedroom with ensuite - making for the perfect guest accommodations/mother-in-law suite. The three-car garage has ... (Read more)

Listing Details MLS# 2066258

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 2924
Living Area Source: Public Records
Year Built: 2021
Association YN: Yes
Association Fee: 655.51
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 4123.56
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Senior Community YN: No
Directions: Take I-95 to Exit 329 East. Turn left onto Beachwalk Boulevard. Take second exit at traffic circle to stay on Beachwalk Boulevard. Turn right on Marquesa Circle. Second house on left.
Public Remarks: STUNNING HOME - PRIME LOCATION IN BEACHWALK - A MUST SEE!!! Enjoy the beach lifestyle without the risks and hassles of living on the ocean! This impeccably designed home features gorgeous, custom touches at every turn, and is located on a premium water-to-preserve lot just steps away from the amazing 14-acre Crystal Lagoon. Three-years young and immaculately maintained, this bright, open floor plan is perfect for a family, empty-nesters, or multi-gen alike. Featuring 4 bedrooms and 4 and a half baths - each bedroom has its own private ensuite, and all on one floor! The oversized lanai and outdoor kitchen overlook a picturesque, private lake and preserve. One-of-a-kind features, including smart home technology, and top-of-the-line finishes abound - from custom woodwork to the impressive, gourmet kitchen packed with upgrades. Featuring a large island with pendant lighting and premium quartz countertops, the stunning kitchen boasts a pot filler, double ovens, gas range,
List Price/SqFt: 333.45
Sold Price/SqFt: 316.35

Property Features

Architectural Style: Craftsman Levels: One Appliances: Dishwasher; Disposal; Gas Cooktop; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Interior Features: Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Zoned Heating: Central; Zoned Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Green Energy Efficient: Appliances Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement; Frame Other Structures: Outdoor Kitchen Patio And Porch Features: Covered; Patio; Porch; Screened Roof: Metal Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond; Trees/Woods Waterfront Features: Pond Fencing: Back Yard; Fenced Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Dog Park; Fitness Center; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2025-01-22

Location Tax and Legal

Street Number: 586
Street Name: MARQUESA
Street Suffix: Circle
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2025-05-24T12:55:37Z
Major Change Type: Status Change
Purchase Contract Date: 2025-03-21
Close Date: 2025-05-23
Close Price: 925000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: April - 17 - 2026

Information deemed reliable but not guaranteed.