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.

618 RACOON Court, St. Johns, FL 32259 (MLS# 1208983)

618 RACOON Court, St. Johns, FL 32259

$636,000

Virtual Tour

https://my.matterport.com/show/?m=w4hNaT9e5SR&brand=0

Shanon Bond - 618 Racoon Ct Features she

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,047 Status: Closed

Current Price: $636,000 List Date: 3/20/2023 Last Modified: 1/14/2026

Overview

Description

Buyer financing fell through -This UNIQUE floor plan offers ample space for any lifestyle and hosts a separate guest or in-law suite with kitchenette, full bath and private side entrance. Upon entering the home through a custom glass door, you're greeted by soaring ceilings with transom windows, stunning pecan floors, Italian kitchen pavers and so much more. The walk-through dining space is perfect for entertaining. Take advantage of backyard views from the downstairs owner's suite. This pie-shaped lot backs up to a preserve with lush greenery and privacy. Stunning custom pool with pool bath! New landscaping includes palm trees, river stone, & brick bulkhead retaining wall! Nothing short of remarkable. New roof in 2019, full interior paint Dec 2022, pool pump & motor recently replaced.

Supplements: A+ rated school zone & near shops, dining & entertainment. New owners will enjoy all the amenities JCP has to offer, including pools, sports field, community center, basketball, tennis and more.

Listing Details MLS# 1208983

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 2
Bathrooms Total: 5
Living Area: 3047
Living Area Source: Appraiser
Year Built: 2002
Association YN: Yes
Association Fee: 480
Association Fee Frequency: Annually
Association Name: JCP HOA ( vesta)
CDD Fee YN: Yes
CDD Fee Amount: 854
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Racetrack Rd , Left on Bishop Estates Rd, left on Blackjack Branch Way, right on Racoon CT.
Public Remarks: Buyer financing fell through -This UNIQUE floor plan offers ample space for any lifestyle and hosts a separate guest or in-law suite with kitchenette, full bath and private side entrance. Upon entering the home through a custom glass door, you're greeted by soaring ceilings with transom windows, stunning pecan floors, Italian kitchen pavers and so much more. The walk-through dining space is perfect for entertaining. Take advantage of backyard views from the downstairs owner's suite. This pie-shaped lot backs up to a preserve with lush greenery and privacy. Stunning custom pool with pool bath! New landscaping includes palm trees, river stone, & brick bulkhead retaining wall! Nothing short of remarkable. New roof in 2019, full interior paint Dec 2022, pool pump & motor recently replaced.
List Price/SqFt: 208.4
Sold Price/SqFt: 208.73

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Multi Generational; Traditional Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; In-Law Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Vaulted Ceiling(s) Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: In Ground; Pool Sweep Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Wooded Fencing: Fenced; Vinyl; Wood Current Use: Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-01-20

Location Tax and Legal

Street Number: 618
Street Name: RACOON
Street Suffix: Court
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: 2023-04-23T13:46:28Z
Major Change Type: Status Change
Purchase Contract Date: 2023-03-22
Close Date: 2023-04-21
Close Price: 636000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Kitchen-Solid Surface Countertops: Y, Aluminum Fencing: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Bedroom Features-Apartment: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-French Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Office
Loft
Utility Room

Documents

Seller Property Disclosure ›

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: January - 14 - 2026

Information deemed reliable but not guaranteed.