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.

691 FRUIT COVE FOREST Road, St. Johns, FL 32259 (MLS# 934878)

691 FRUIT COVE FOREST Road, St. Johns, FL 32259

$1,645

Property Type: Residential Lease Bedrooms: 4 Baths: 2 Square Footage: 1,750 Status: Closed

Current Price: $1,645 List Date: 5/04/2018 Last Modified: 7/06/2026

Overview

Description

$1,000 off the first full months rent! Lease date must begin on or before June 15, 2018. Take a look at this beautiful home featuring 3 bedrooms, 2 bathrooms, and approximately 1,713 square feet. Tenant responsible for all utilities and services. Pets ok with non-refundable pet fee of $300.00 for first pet and $200.00 for second pet. Subject to breed restrictions and approval. 2 pet maximum.

Listing Details MLS# 934878

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1750
Living Area Source: Public Records
Year Built: 1993
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Directions: Head south on FL-13 S toward Otoes Pl, Turn right onto Fruit Cove Forest Rd S, Turn right onto Fruit Cove Forest Rd E
Public Remarks: $1,000 off the first full months rent! Lease date must begin on or before June 15, 2018. Take a look at this beautiful home featuring 3 bedrooms, 2 bathrooms, and approximately 1,713 square feet. Tenant responsible for all utilities and services. Pets ok with non-refundable pet fee of $300.00 for first pet and $200.00 for second pet. Subject to breed restrictions and approval. 2 pet maximum.
List Price/SqFt: 0.94
Sold Price/SqFt: 0.94

Property Features

Architectural Style: Ranch Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Interior Features: Eat-in Kitchen; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Patio And Porch Features: Screened Pool Features: None Security Features: Smoke Detector(s) Fencing: Back Yard Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2018-05-04
Lease Term: 12 Months

Location Tax and Legal

Street Number: 691
Street Name: FRUIT COVE FOREST
Street Suffix: Road
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Fruit Cove Forest

Status Change Information

Major Change Timestamp: 2023-11-19T22:56:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-05-25T14:55:53Z
Purchase Contract Date: 2018-06-04
Close Date: 2018-06-15
Close Price: 1645

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 300
Security Deposit: 1750

Historical Information

Public Historical Remarks 1: Pet Rent: Y, Sewer - Septic System: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Wall-to-Wall Carpet: Y, Dining-Kitchen/Family Combo: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Parcel Size: .25 to .5 Acre, Structure-Frame: Y, Exterior Wall: Brick, Tile Floors: Y, Min Lease/Rent Term: 12

Listing Office: TAH FLORIDA LLC

Last Updated: July - 06 - 2026

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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