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 W KINGS COLLEGE Drive, St. Johns, FL 32259 (MLS# 2146906)

705 W KINGS COLLEGE Drive, St. Johns, FL 32259

$3,300

Property Type: Residential Lease Bedrooms: 5 Baths: 4 Square Footage: 3,431 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $3,300 List Date: 5/24/2026 Last Modified: 7/17/2026

Overview

Description

Spacious 5-bedroom, 3.5-bath home with over 3,400 sq ft available for rent in the Grandholm Estates section of Aberdeen. Main level features separate formal and casual living spaces, as well as a private guest suite. Kitchen is well equipped with stainless steel appliances, granite counters and ample storage. Upstairs the primary suite provides you with plenty of space, two closets and large bathroom. Also on the second level you'll find three additional bedrooms, updated hall bath with dual sinks and a bonus room. The fully fenced backyard is an entertainer's dream, complete with a preserve view, screened patio, pergola, and firepit - perfect for Florida evenings year-round. Nearby amenity center offers two pools (rec with slide and lap), fitness center and basketball court. This rental feels like home immediately! Come view it in person to make it your own!

Listing Details MLS# 2146906

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3431
Living Area Source: Appraiser
Year Built: 2014
Lot Size Acres: 0.24
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From I-95, take the exit for SR-9B South. Take the right exit for St. Johns Pkwy N. Make an immediate left onto Longleaf Pine Pkwy. Make a right onto Prince Albert Ave and then a left onto W Kings College - home will be on your left.
Public Remarks: Spacious 5-bedroom, 3.5-bath home with over 3,400 sq ft available for rent in the Grandholm Estates section of Aberdeen. Main level features separate formal and casual living spaces, as well as a private guest suite. Kitchen is well equipped with stainless steel appliances, granite counters and ample storage. Upstairs the primary suite provides you with plenty of space, two closets and large bathroom. Also on the second level you'll find three additional bedrooms, updated hall bath with dual sinks and a bonus room. The fully fenced backyard is an entertainer's dream, complete with a preserve view, screened patio, pergola, and firepit - perfect for Florida evenings year-round. Nearby amenity center offers two pools (rec with slide and lap), fitness center and basketball court. This rental feels like home immediately! Come view it in person to make it your own!
List Price/SqFt: 0.96
Sold Price/SqFt: 0.96

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Pest Control; Other Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Guest Suite; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Walk-In Closet(s) Laundry Features: In Unit; Lower Level Smart Home Features: Locks; Programmable Thermostat Exterior Features: Fire Pit; Other Patio And Porch Features: Covered; Patio; Screened Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Park Association Fee Includes: Trash Community Features: Sidewalks; Street Lights; Suburban Water Source: Public Parking Features: Garage Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) View: Protected Preserve; Trees/Woods Fencing: Back Yard; Fenced; Vinyl; Wrought Iron Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Lease Prep Rent Includes: Trash Collection; Other Tenant Pays: All Utilities Pets Allowed: Call

Contract Information

Rental Service: Other
Rental Application URL: https://www.vanguardgurus.com/apply.asp?tid=545943720
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-05-24
Lease Term: 12 Months
Availability Date: 2026-07-01

Location Tax and Legal

Street Number: 705
Street Direction Prefix: W
Street Name: KINGS COLLEGE
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2026-07-17T23:32:13Z
Major Change Type: Status Change
Purchase Contract Date: 2026-06-26
Close Date: 2026-07-15
Close Price: 3300

Deposits and Fees

Additional Fee: 100
Application Fee: 75
Pet Fee/Deposit: 300
Security Deposit: 3300

More Information

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: July - 17 - 2026

Information deemed reliable but not guaranteed.