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.

700 GRAND PARKE Drive, St. Johns, FL 32259 (MLS# 2076236)

700 GRAND PARKE Drive, St. Johns, FL 32259

$585,000

Virtual Tour

https://click.pstmrk.it/3s/property.kimlindseyphotography.com%2Fsites%2Fxavqkbk%2Funbranded/cUpU/Xfq7AQ/AQ/a51ba0fc-f334-4bab-b3a1-831b7bddac2e/3/xg5ASWXHhy

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,786 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $585,000 List Date: 3/20/2025 Last Modified: 4/12/2026

Overview

Description

Stunning 5-bedroom, 3-bathroom Waterfront Home with soaring ceilings in Julington Creek Plantation! Step inside to find a formal dining room, a dedicated office, and a spacious kitchen open to an inviting family room. The large family room offers tranquil water views and a cozy wood-burning fireplace, while the split-bedroom layout ensures privacy. The owner's suite features an updated bathroom and a roomy walk-in closet. Upstairs, the fifth bedroom includes a private bath and walk-in closet—perfect for guests. Enjoy outdoor living on the screened-in lanai, overlooking the shaded yard and pond view. As part of Julington Creek Plantation, enjoy resort-style pools, basketball courts, fitness center, 18-hole golf course, tennis & pickleball courts, clubhouse, skate park, playground, and more. It is conveniently located near top-rated schools, shopping, dining, and entertainment, with easy access to highways. Smart home features include a Rainbird Wi-Fi sprinkler system, smart switches &

Supplements: a touchless kitchen faucet. Recent updates include a 2019 roof, a 2024 AC with smart thermostats and a transferable 10-year warranty, and a 2021 water heater.

Listing Details MLS# 2076236

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2786
Living Area Source: Public Records
Year Built: 2001
Lot Size Acres: 0.24
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1328.94
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From SR 13S, make a left onto Race Track Road. Turn left onto Durbin Creek Blvd. Turn right onto Grand Parke Dr. The home will be on your left.
Public Remarks: Stunning 5-bedroom, 3-bathroom Waterfront Home with soaring ceilings in Julington Creek Plantation! Step inside to find a formal dining room, a dedicated office, and a spacious kitchen open to an inviting family room. The large family room offers tranquil water views and a cozy wood-burning fireplace, while the split-bedroom layout ensures privacy. The owner's suite features an updated bathroom and a roomy walk-in closet. Upstairs, the fifth bedroom includes a private bath and walk-in closet—perfect for guests. Enjoy outdoor living on the screened-in lanai, overlooking the shaded yard and pond view. As part of Julington Creek Plantation, enjoy resort-style pools, basketball courts, fitness center, 18-hole golf course, tennis & pickleball courts, clubhouse, skate park, playground, and more. It is conveniently located near top-rated schools, shopping, dining, and entertainment, with easy access to highways. Smart home features include a Rainbird Wi-Fi sprinkler system, smart switches &
List Price/SqFt: 215
Sold Price/SqFt: 209.98

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Eat-in Kitchen; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Vinyl Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Lighting; Programmable Thermostat Construction Materials: Brick Patio And Porch Features: Covered; Patio; Screened Roof: Shingle Parking Features: Attached; Garage Lot Features: Many Trees; Sprinklers In Front; Sprinklers In Rear; Wooded View: Pond; Trees/Woods; Water Waterfront Features: Pond Fencing: Back Yard; Fenced; Full; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Park; Pickleball; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan