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.

729 E DORCHESTER Drive, St. Johns, FL 32259 (MLS# 2100127)

729 E DORCHESTER Drive, St. Johns, FL 32259

$775,000

Virtual Tour

https://www.tourfactory.com/idxr3207484

59 Peterbrooke Chocolatier and Club Pila

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,079 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $775,000 List Date: 2/20/2026 Last Modified: 2/20/2026

Overview

Description

**$60K IN UPGRADES**FRESHLY PAINTED**LUXURY HOME** Experience unparalleled luxury in this custom ICI HOME, ideally situated on a LARGE CORNER LOT with LAKE VIEWS and boasting an impressive $60,000 in upgrades. A PAVERED DRIVEWAY and beautiful landscaping introduce this stunning home, meticulously designed for elegant living. Step inside to discover a SPACIOUS interior adorned with 10-ft ceilings, 8-ft doors, and exquisite tray ceilings throughout. Every detail radiates sophistication, from CUSTOM FEATURES and beautiful finishes to the abundance of natural light. The living room is a grand focal point, featuring a FIREPLACE, wooden accents, and a vaulted ceiling. The gourmet kitchen is a chef's dream with a huge island, subway travertine backsplash, CUSTOM CABINETRY, and a NEW DISHWASHER, REFRIDGERATOR, and GARBAGE DISPOSAL. This thoughtfully designed home offers a desirable SPLIT BEDROOM FLOOR PLAN with the owner's suite, a guest suite, and a dedicated office all conveniently located

Supplements: downstairs. Enjoy modern conveniences like ELECTRIC OPEN AND SHUT BLINDS and PLANTATION SHUTTERS. The oversized covered and SCREENED-IN PATIO, complete with pavers and SURROUND SOUND, provides a luxurious outdoor oasis within the FENCED BACKYARD. Additional features include a whole-house water filtration system, a 3.5-car garage, and a freshly pain ... (Read more)

Listing Details MLS# 2100127

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3079
Living Area Source: Public Records
Year Built: 2016
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.35
Lot Size Dimensions: 150 x 98
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
Association Fee 2: 495
Association Fee 2 Frequency: Quarterly
Association Name: Julington Creek POA & Plantation Estates
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3.5
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: From Racetrack Rd go North on Flora Branch, through guard gate. Turn right on Camberly. left on Danbury, right on Dorchester, ahead to house on right.
Public Remarks: **$60K IN UPGRADES**FRESHLY PAINTED**LUXURY HOME** Experience unparalleled luxury in this custom ICI HOME, ideally situated on a LARGE CORNER LOT with LAKE VIEWS and boasting an impressive $60,000 in upgrades. A PAVERED DRIVEWAY and beautiful landscaping introduce this stunning home, meticulously designed for elegant living. Step inside to discover a SPACIOUS interior adorned with 10-ft ceilings, 8-ft doors, and exquisite tray ceilings throughout. Every detail radiates sophistication, from CUSTOM FEATURES and beautiful finishes to the abundance of natural light. The living room is a grand focal point, featuring a FIREPLACE, wooden accents, and a vaulted ceiling. The gourmet kitchen is a chef's dream with a huge island, subway travertine backsplash, CUSTOM CABINETRY, and a NEW DISHWASHER, REFRIDGERATOR, and GARBAGE DISPOSAL. This thoughtfully designed home offers a desirable SPLIT BEDROOM FLOOR PLAN with the owner's suite, a guest suite, and a dedicated office all conveniently located
List Price/SqFt: 259.79
Sold Price/SqFt: 251.71

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear View: Lake Fencing: Back Yard; Privacy; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Golf Course; Jogging Path; Park; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-07-23

Location Tax and Legal

Street Number: 729
Street Direction Prefix: E
Street Name: DORCHESTER
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Plantation Estates

Status Change Information

Major Change Timestamp: 2026-02-20T15:17:51Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-17T16:56:51Z
Purchase Contract Date: 2026-01-16
Close Date: 2026-02-18
Close Price: 775000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Buyer Home Warranty ›

Listing Office: CHAD AND SANDY REAL ESTATE GROUP

Last Updated: February - 20 - 2026

Information deemed reliable but not guaranteed.