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.

721 CARTHAGE Place, St. Johns, FL 32259 (MLS# 2151377)

721 CARTHAGE Place, St. Johns, FL 32259

$950,000

Virtual Tour

https://www.zillow.com/view-imx/36e13f2a-c9fc-4737-8ea3-1f6bb0674c46?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,060 Lot Size (sq. ft.): 18,731 Status: Closed

Current Price: $950,000 List Date: 6/19/2026 Last Modified: 8/21/2026

Overview

Description

Oversized Cul-De-Sac Lot | Resort-Style Outdoor Living Area with Pool, Spa & Gas Fireplace | Preserve View | Convenience & Privacy Enjoy unmatched privacy and a serene atmosphere in this one-of-a-kind pool home, ideally situated on an oversized cul-de-sac lot with wooded preserve views both in front and behind and one of the largest lots in this sought after community. This home offers a quiet retreat in the center of it all, with exceptional convenience to everything Northeast Florida has to offer. The property features a large backyard oasis designed for both relaxation and entertaining, complete with a newer screened-in pool and spa with gas heater, gas firepit and full automation. The expansive yard is further enhanced by mature fruit trees and privacy hedges. Inside, the thoughtfully designed floor plan provides both flexibility and privacy.

Supplements: The oversized primary suite is a true retreat, featuring a large bedroom and spacious bath, separated from the rest of the sleeping areasfor added comfort and seclusion. The main level also offers a dedicated office (or optional bedroom) and two additional bedrooms connected by a Jack-and-Jill bath. Upstairs, you'll find a large bedroom with its ow ... (Read more)

Listing Details MLS# 2151377

General Property Information

Bedrooms Total: 5
Bathrooms Full: 5
Bathrooms Total: 5
Living Area: 4060
Living Area Source: Measured
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.43
Association YN: Yes
Association Fee: 742
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1430.2
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 3
Senior Community YN: No
Directions: DO NOT FOLLOW YOUR GPS; this n'hood has 3 gates but you can ONLY Use the main gate!!! From Jax to I95 south. Exit 329 (CR 210). Right off exit (west), Make right into St Johns Forest. Through manned guard gate, go straight. Make Left on Carthage Pace, home to the left in cul-de-sac.
Public Remarks: Oversized Cul-De-Sac Lot | Resort-Style Outdoor Living Area with Pool, Spa & Gas Fireplace | Preserve View | Convenience & Privacy Enjoy unmatched privacy and a serene atmosphere in this one-of-a-kind pool home, ideally situated on an oversized cul-de-sac lot with wooded preserve views both in front and behind and one of the largest lots in this sought after community. This home offers a quiet retreat in the center of it all, with exceptional convenience to everything Northeast Florida has to offer. The property features a large backyard oasis designed for both relaxation and entertaining, complete with a newer screened-in pool and spa with gas heater, gas firepit and full automation. The expansive yard is further enhanced by mature fruit trees and privacy hedges. Inside, the thoughtfully designed floor plan provides both flexibility and privacy.
List Price/SqFt: 233.99
Sold Price/SqFt: 233.99

Property Features

Architectural Style: Contemporary Levels: Three Or More Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Oven; Gas Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Guest Suite; His and Hers Closets; Jack and Jill Bath; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Electricity Available; Natural Gas Connected; Sewer Connected; Water Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Construction Materials: Stucco Exterior Features: Fire Pit Patio And Porch Features: Rear Porch; Screened Pool Features: In Ground; Gas Heat; Heated; Salt Water; Screen Enclosure Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve; Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Playground; Tennis Court(s) Community Features: Sidewalks Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan