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.

71 CASTRO Court, St. Johns, FL 32259 (MLS# 1168000)

71 CASTRO Court, St. Johns, FL 32259

$415,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,722 Status: Closed

Current Price: $415,000 List Date: 5/09/2022 Last Modified: 8/17/2026

Overview

Description

Built in 2019, this Saint Johns two-story home offers a patio, quartz countertops, and a one-car garage.

Listing Details MLS# 1168000

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1722
Living Area Source: Public Records
Year Built: 2019
Association YN: Yes
Association Fee: 290
Association Fee Frequency: Quarterly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: Head southwest on FL-9B Exit onto St Johns Pkwy Turn left onto Longleaf Pine Pkwy Turn left onto Castro Ct
Public Remarks: Built in 2019, this Saint Johns two-story home offers a patio, quartz countertops, and a one-car garage.
List Price/SqFt: 245.06
Sold Price/SqFt: 241

Property Features

Approx Parcel Size: Less than .25 Acre Cooling: Electric Heating: Natural Gas Water Source: Public Sewer: Public Sewer Parking Features: Assigned Current Use: Residential; Single Family Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2022-05-09

Location Tax and Legal

Street Number: 71
Street Name: CASTRO
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2023-11-17T11:43:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-05-19T22:30:57Z
Purchase Contract Date: 2022-06-01
Close Date: 2022-06-22
Close Price: 415000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 2: 1031 Exchange Possible Financing: Y

Listing Office: OPENDOOR BROKERAGE, LLC.

Last Updated: August - 17 - 2026

Broker Attribution: [email protected]

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.