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.

68 SEWALL Lane, Ponte Vedra, FL 32081 (MLS# 2073282)

68 SEWALL Lane, Ponte Vedra, FL 32081

$3,000

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,680 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $3,000 List Date: 3/02/2025 Last Modified: 6/17/2025

Overview

Description

More pictures are coming! BRAND NEW Waterfront townhome for rent at Nocatee West End! Walking distance to YMCA! This 3-bedroom, 2.5 bathroom unit features over 1,600 sq. ft. of living space, a 2-car attached garage, and a spacious living room/dining room combo with luxury vinyl plank flooring throughout. The kitchen is appointed with quartz countertops and stainless steel appliances. A powder room is conveniently located downstairs, while the three bedrooms and two full bathrooms are situated upstairs. The oversized primary bedroom boasts a tray ceiling and breathtaking water views. The primary bathroom features a dual sink, a large tiled shower with niche, and a spacious walk-in closet. A laundry room is located upstairs, complete with a full-size washer/dryer. Enjoy your morning coffee and evening refreshments on the screened balcony overlooking the peaceful waterfront. Pets are welcome upon approval. ***Credit score must be over 700, and income must be 3 times a the rental price

Listing Details MLS# 2073282

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1680
Living Area Source: Builder
Year Built: 2025
Lot Size Acres: 0.04
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories Total: 2
Senior Community YN: No
Directions: Head SE on US-1 S twd Race Track Rd, use R lane for Nocatee Pkwy. Take exit twd Nocatee Town Ctr. At the traffic circle, take 1st exit onto Tavernier Dr. Turn R onto Bellwood Ave, and L on Sewall Ln.
Public Remarks: More pictures are coming! BRAND NEW Waterfront townhome for rent at Nocatee West End! Walking distance to YMCA! This 3-bedroom, 2.5 bathroom unit features over 1,600 sq. ft. of living space, a 2-car attached garage, and a spacious living room/dining room combo with luxury vinyl plank flooring throughout. The kitchen is appointed with quartz countertops and stainless steel appliances. A powder room is conveniently located downstairs, while the three bedrooms and two full bathrooms are situated upstairs. The oversized primary bedroom boasts a tray ceiling and breathtaking water views. The primary bathroom features a dual sink, a large tiled shower with niche, and a spacious walk-in closet. A laundry room is located upstairs, complete with a full-size washer/dryer. Enjoy your morning coffee and evening refreshments on the screened balcony overlooking the peaceful waterfront. Pets are welcome upon approval. ***Credit score must be over 700, and income must be 3 times a the rental price
List Price/SqFt: 1.79
Sold Price/SqFt: 1.79

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Pantry; Smart Thermostat Laundry Features: In Unit Association Amenities: Community Pool; Dog Park; Fitness Center Water Source: Public Parking Features: Garage Sewer: Public Sewer View: Pond Waterfront Features: Pond Utilities: Electricity Connected; Natural Gas Connected; Water Connected Cooling: Central Air Heating: Central Tenant Pays: All Utilities

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/YWr39ig
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-03-01
Lease Term: 12 Months
Availability Date: 2025-03-01

Location Tax and Legal

Street Number: 68
Street Name: SEWALL
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: West End At Town Center

Status Change Information

Major Change Timestamp: 2025-06-17T14:31:35Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-31T19:01:38Z
Purchase Contract Date: 2025-04-19
Close Date: 2025-06-16
Close Price: 3000

More Information

Listing Office: LOKATION

Last Updated: June - 17 - 2025

Information deemed reliable but not guaranteed.

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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.

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