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.

672 LOCKWOOD Lane, St. Johns, FL 32259 (MLS# 2140629)

672 LOCKWOOD Lane, St. Johns, FL 32259

$440,000

Virtual Tour

https://www.zillow.com/view-imx/c9ce83a7-ee1a-4189-a96e-a3abe1610da6?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,719 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $440,000 List Date: 4/24/2026 Last Modified: 6/12/2026

Overview

Description

Perfectly sized, fully renovated 3BR/2BA home tucked away on a quiet cul-de-sac in sought-after St. Johns County--ideal for buyers looking to right-size, relocate, or get into top-rated schools without the premium price tag. Step inside to a light-filled, thoughtfully designed layout featuring both a separate dining room and a versatile living room/flex space--ideal for a home office, playroom, or additional sitting area. The open-concept family room is anchored by a cozy wood-burning fireplace and flows seamlessly into the updated eat-in kitchen, complete with stainless steel appliances, new countertops, a deep sink, pendant lighting, and an extended breakfast bar that naturally brings everyone together. New luxury vinyl flooring runs throughout the main living areas and bedrooms, enhancing the home's modern, move-in ready feel. The spacious owner's suite offers a relaxing retreat with a garden bath and separate shower, while the split-bedroom layout provides privacy.

Supplements: Step outside to an oversized screened patio overlooking a private preserve--perfect for morning coffee, evening gatherings, or simply enjoying the peaceful setting. Major updates include Roof, Water Heater, fresh interior and exterior paint, light fixtures, water softener, and more--offering true peace of mind. Located in top-rated St. Johns Cou ... (Read more)

Listing Details MLS# 2140629

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1719
Living Area Source: Assessor
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
Association Name: Vesta Property Management
Association Phone: 904-417-7600
CDD Fee YN: Yes
CDD Fee Amount: 1423.16
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: No
Directions: From 295 Take Exit 5B for FL-13 S/San Jose Blvd. (L) Race Track Rd (R) Durbin Creek Blvd. (L) Morning Glory Ln N (L) Lockwood Ln. Home at end of Cul-De-Sac.
Public Remarks: Perfectly sized, fully renovated 3BR/2BA home tucked away on a quiet cul-de-sac in sought-after St. Johns County--ideal for buyers looking to right-size, relocate, or get into top-rated schools without the premium price tag. Step inside to a light-filled, thoughtfully designed layout featuring both a separate dining room and a versatile living room/flex space--ideal for a home office, playroom, or additional sitting area. The open-concept family room is anchored by a cozy wood-burning fireplace and flows seamlessly into the updated eat-in kitchen, complete with stainless steel appliances, new countertops, a deep sink, pendant lighting, and an extended breakfast bar that naturally brings everyone together. New luxury vinyl flooring runs throughout the main living areas and bedrooms, enhancing the home's modern, move-in ready feel. The spacious owner's suite offers a relaxing retreat with a garden bath and separate shower, while the split-bedroom layout provides privacy.
List Price/SqFt: 261.78
Sold Price/SqFt: 255.96

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Double Sided; Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve; Trees/Woods Fencing: Back Yard; Wood Current Use: Residential Association Amenities: Barbecue; Basketball Court; Children's Pool; Clubhouse; Community Pool; Elevator(s); Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Management - On Site; Park; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Fishing; Restaurant; Sidewalks; Street Lights; Suburban Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection