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.

724 PINEY Place, St. Johns, FL 32259 (MLS# 2088283)

724 PINEY Place, St. Johns, FL 32259

$855,000

Work station w/2 bedrooms/laundry/garage

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,533 Lot Size (sq. ft.): 18,731 Status: Closed

Current Price: $855,000 List Date: 5/17/2025 Last Modified: 5/29/2026

Overview

Description

EXCEPTIONAL! Beautifully updated Pool home is located in highly sought after Eastgate in JCP! This home will not last! Situated on a premium cul-de-sac lot, this home is full of upgrades and amazing features! Updates include kitchen and bathrooms! Gorgeous hardwood floors, custom molding, built in cabinets and bookshelves, gas fireplace(s), plantation shutters add warmth and elegance. Versatile living spaces, including separate dining room, large living room w/fireplace, private office/study w/glass doors. Spacious Kitchen is perfect for entertaining! Featuring beautiful stone countertops, a large center island and eat in area with views of pool. The kitchen overlooks great room w/built in shelves and gas fireplace! Functionally designed private area off kitchen w/built in desk and workstation. Two spacious bedrooms w/adjoining bathroom. Separate 3rd bedroom with its own private en suite. A private owner's wing featuring Large primary suite w/trey ceiling, sitting area, dual

Supplements: walk-in closets, and luxury bath. Enjoy Florida living year-round in your screened-in lanai with a large pool and spa, plus a cabana bath. Community features include New multi-million aquatic center, 8 clay tennis courts, 5 pools, gym, clubhouse, skate park, miles of jogging trails, basketball/soccer courts. 18-hole Julington Creek Golf Club winds ... (Read more)

Listing Details MLS# 2088283

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3533
Living Area Source: Public Records
Year Built: 2000
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.43
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
Association Name: Vesta Property Mgmt
Association Phone: 904-503-4915
CDD Fee YN: Yes
CDD Fee Amount: 1386
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
Stories: Yes
Senior Community YN: No
Directions: S SR 13 (L) RACETRACK ROAD (R) FLORA BRANCH THRU 4 WAY STOP ALL THE WAY TO THE END (R) PRIMROSE (R) POKEBERRY (L) PINEY PLACE
Public Remarks: EXCEPTIONAL! Beautifully updated Pool home is located in highly sought after Eastgate in JCP! This home will not last! Situated on a premium cul-de-sac lot, this home is full of upgrades and amazing features! Updates include kitchen and bathrooms! Gorgeous hardwood floors, custom molding, built in cabinets and bookshelves, gas fireplace(s), plantation shutters add warmth and elegance. Versatile living spaces, including separate dining room, large living room w/fireplace, private office/study w/glass doors. Spacious Kitchen is perfect for entertaining! Featuring beautiful stone countertops, a large center island and eat in area with views of pool. The kitchen overlooks great room w/built in shelves and gas fireplace! Functionally designed private area off kitchen w/built in desk and workstation. Two spacious bedrooms w/adjoining bathroom. Separate 3rd bedroom with its own private en suite. A private owner's wing featuring Large primary suite w/trey ceiling, sitting area, dual
List Price/SqFt: 254.46
Sold Price/SqFt: 242

Property Features

Architectural Style: Ranch; Traditional Levels: One Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Ice Maker; Induction Cooktop; Microwave; Washer 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; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Sink Utilities: Cable Available; Electricity Available; Sewer Available Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Stone Veneer Patio And Porch Features: Covered; Screened Pool Features: In Ground; Pool Sweep; Screen Enclosure Spa Features: In Ground Roof: Shingle Parking Features: Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Pool Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Management - Full Time; Management - On Site; Pickleball; Playground; Service Elevator(s); Tennis Court(s); Trash Association Fee Includes: Maintenance Grounds Community Features: Sidewalks; Street Lights; Suburban Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing