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.

680 RUM RUNNER Way, St. Johns, FL 32259 (MLS# 2059869)

680 RUM RUNNER Way, St. Johns, FL 32259

$494,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,052 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $494,000 List Date: 12/20/2024 Last Modified: 4/17/2026

Overview

Description

ABSOLUTELY INCREDIBLE VALUE!! Seller to pay $5000 Beachwalk Club Membership with appropriate offer. Preferred lender offering 1% of loan amount toward rate buydown or closing costs. Over $80,000 in UPGRADES post purchase, including RH lighting, blackout drapes, and a fabulously landscaped backyard with fence,pavered seating, and a beautiful gas firepit. The spacious layout features a FIRST-FLOOR OWNER'S SUITE, plus 3 bedrooms and a versatile loft upstairs. Recent upgrades include a water softener, security system, gutters, and filtered drinking water. The HOA covers yard maintenance, termite protection, and roof care. Enjoy world-class Beachwalk amenities, including PRIVATE BEACH ACCESS to the crystal-clear lagoon, children's pool, tennis and pickleball courts, fitness center, dog park, and more. Base CDD BOND PAID OFF.

Listing Details MLS# 2059869

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2052
Living Area Source: Public Records
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.14
Association YN: Yes
Association Fee: 1176
Association Fee Frequency: Quarterly
Association Fee 2: 450
Association Fee 2 Frequency: Quarterly
Association Name: TCN 12/ Atlantica Isles at Beachwalk
Association Phone: 904-295-3921
CDD Fee YN: Yes
CDD Fee Amount: 1143.59
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: Yes
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: I-295 South to 95 South toward Daytona Bch, Exit 329 210 to PVB, West to Nocatee, Left on Beachwalk blvd. Rt on Rum Runner Way. On left.
Public Remarks: ABSOLUTELY INCREDIBLE VALUE!! Seller to pay $5000 Beachwalk Club Membership with appropriate offer. Preferred lender offering 1% of loan amount toward rate buydown or closing costs. Over $80,000 in UPGRADES post purchase, including RH lighting, blackout drapes, and a fabulously landscaped backyard with fence,pavered seating, and a beautiful gas firepit. The spacious layout features a FIRST-FLOOR OWNER'S SUITE, plus 3 bedrooms and a versatile loft upstairs. Recent upgrades include a water softener, security system, gutters, and filtered drinking water. The HOA covers yard maintenance, termite protection, and roof care. Enjoy world-class Beachwalk amenities, including PRIVATE BEACH ACCESS to the crystal-clear lagoon, children's pool, tennis and pickleball courts, fitness center, dog park, and more. Base CDD BOND PAID OFF.
List Price/SqFt: 240.74
Sold Price/SqFt: 240.74

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 7 Months Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Downstairs Flooring: Carpet; Tile Laundry Features: Upper Level Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement Exterior Features: Balcony; Fire Pit Patio And Porch Features: Covered; Porch Roof: Metal Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Fencing: Back Yard; Fenced; Wrought Iron Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Pickleball; Playground; Tennis Court(s); Trash; Water Association Fee Includes: Maintenance Grounds; Trash; Other Road Frontage Type: Private Road Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection