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.

67 WALTER Way, Ponte Vedra Beach, FL 32082 (MLS# 2134048)

67 WALTER Way, Ponte Vedra Beach, FL 32082

$999,000

Property Type: Land Lot Size (sq. ft.): 47,480 Status: Active

Current Price: $999,000 List Date: 3/10/2026 Last Modified: 10/27/2026

Overview

Description

This is the last of our 1+ acre homesites in Ponte Vedra Beach priced under $1 million. Lot 2 of 5. Generous building envelope: 146' wide by 325' deep, with beautiful century-old live oaks throughout the site. Favorable X-shaded flood zone—no flood insurance required. No wetlands, no HOA, no CDD, and low St. Johns County taxes. Zoned for A-rated St. Johns County schools: Ocean Palms Elementary, Landrum Middle, and Ponte Vedra High. From the existing sidewalk you can walk or bike to schools, the YMCA, Publix, and The Players Championship golf tournament. Within a 10-minute drive: Mickler's Landing Beach, Ponte Vedra High School, Ponte Vedra Concert Hall, two grocery stores, three gyms, and a wide range of shopping and dining. Private access drive. Public water, underground electric, and AT&T fiber already on site. Building agreement or deposit required with purchase.

Listing Details MLS# 2134048

General Property Information

Lot Size Acres: 1.09
Lot Size Dimensions: 146' x 325'
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: This property is located on the E side of Palm Valley Road between Landrum Lane and Canal Boulevard. It is adjacent to the subdivisions of Las Palmas and The Estates in Ponte Vedra Beach, 32082.
Public Remarks: This is the last of our 1+ acre homesites in Ponte Vedra Beach priced under $1 million. Lot 2 of 5. Generous building envelope: 146' wide by 325' deep, with beautiful century-old live oaks throughout the site. Favorable X-shaded flood zone—no flood insurance required. No wetlands, no HOA, no CDD, and low St. Johns County taxes. Zoned for A-rated St. Johns County schools: Ocean Palms Elementary, Landrum Middle, and Ponte Vedra High. From the existing sidewalk you can walk or bike to schools, the YMCA, Publix, and The Players Championship golf tournament. Within a 10-minute drive: Mickler's Landing Beach, Ponte Vedra High School, Ponte Vedra Concert Hall, two grocery stores, three gyms, and a wide range of shopping and dining. Private access drive. Public water, underground electric, and AT&T fiber already on site. Building agreement or deposit required with purchase.
List Price/Acre: 916513.76

Property Features

Current Use: Residential; Single Family Lot Features: Other Fencing: Other Electric: Underground Utilities: Electricity Available; Water Available; Water Connected; Other Water Source: Public Road Surface Type: Asphalt Road Frontage Type: Private Road Listing Terms: Cash; Conventional Possession: Close Of Escrow

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-03-09

Location Tax and Legal

Street Number: 67
Street Name: WALTER
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 263-Ponte Vedra Beach-W Of A1A-S Of CR-210
Subdivision Name: Palm Valley

Status Change Information

Major Change Timestamp: 2026-09-29T14:05:29Z
Major Change Type: Price Change
Price Change Timestamp: 2026-09-29T14:05:29Z

More Information

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: October - 27 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

Compare listings

Compare