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.

705 SERVIA Drive, St. Johns, FL 32259 (MLS# 2147231)

705 SERVIA Drive, St. Johns, FL 32259

$1,800

Property Type: Residential Lease Bedrooms: 2 Baths: 3 Square Footage: 1,511 Status: Closed

Current Price: $1,800 List Date: 5/27/2026 Last Modified: 7/29/2026

Overview

Description

Beautiful, Clean, 2 bedroom / 2.5 bathroom townhome located in The Palisades at Durbin Crossing in the prestigious St Johns County! This townhome offers a 1 car garage for your convenience, plus the ability to park an additional car in the driveway, along with having multiple areas to park throughout the community. Enjoy the great weather outside by sliding open the doors to the back of the unit which faces a beautiful pond. **A+ rated schools for your little ones** Looking for a good family to come take advantage of our amazing place and what it has to offer. If you work in Jacksonville, this is the perfect townhome for you as it is in close proximity. PERFECT FOR THOSE LOOKING TO RELOCATE TO THE BEAUTIFUL ST JOHNS COUNTY AREA! --- AVAILABLE 08/01/2026 1 YR MIN LEASE

Listing Details MLS# 2147231

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1511
Living Area Source: Appraiser
Year Built: 2019
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Racetrack rd take St Johns Pkwy south to community on the right to Servia dr
Public Remarks: Beautiful, Clean, 2 bedroom / 2.5 bathroom townhome located in The Palisades at Durbin Crossing in the prestigious St Johns County! This townhome offers a 1 car garage for your convenience, plus the ability to park an additional car in the driveway, along with having multiple areas to park throughout the community. Enjoy the great weather outside by sliding open the doors to the back of the unit which faces a beautiful pond. **A+ rated schools for your little ones** Looking for a good family to come take advantage of our amazing place and what it has to offer. If you work in Jacksonville, this is the perfect townhome for you as it is in close proximity. PERFECT FOR THOSE LOOKING TO RELOCATE TO THE BEAUTIFUL ST JOHNS COUNTY AREA! --- AVAILABLE 08/01/2026 1 YR MIN LEASE
List Price/SqFt: 1.19
Sold Price/SqFt: 1.19

Property Features

Additional Lease Terms: 12 Months Levels: Two Appliances: Dishwasher; Dryer; Electric Oven; Washer Spa Features: Community Association Amenities: Clubhouse; Community Pool; Dog Park; Fitness Center Water Source: Public Parking Features: Garage Waterfront Features: Lake Front Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Call

Contract Information

Property Sub Type: Townhouse
Listing Contract Date: 2026-05-27
Lease Term: 12 Months
Availability Date: 2026-08-01

Location Tax and Legal

Street Number: 705
Street Name: SERVIA
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Palisades At Durbin Crossing

Status Change Information

Major Change Timestamp: 2026-07-29T16:49:13Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-28
Close Date: 2026-07-28
Close Price: 1800

Deposits and Fees

Application Fee: 75
Security Deposit: 5400

More Information

Listing Office: WATSON REALTY CORP

Last Updated: July - 29 - 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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