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.

735 E DORCHESTER Drive, St. Johns, FL 32259 (MLS# 2136057)

735 E DORCHESTER Drive, St. Johns, FL 32259

$979,000

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,243 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $979,000 List Date: 3/21/2026 Last Modified: 6/12/2026

Overview

Description

Prepare to be captivated by the clean lines, open spaces, and high-end finishes that define this exceptional property. Located on a large corner lot within a gated community, this property offers both style and comfort. The 4243 sq ft home offers 6 bedrooms, 5 bathrooms, plus a bonus media/exercise room, that provides ample space for living and entertaining. The open floor plan is perfect for gatherings, while the luxury vinyl planking adds convenience and sophistication. The kitchen is a chef's dream, showcasing a large quartz island with a waterfall edge and stainless appliances. Every detail has been updated in 2023, from floors to roof, with modern designs, efficiency and is move-in-ready. The two-story open living space creates a dramatic focal point, bathed in natural light. Each bathroom features illuminated mirrors, adding a touch of modern elegance. The fully fenced backyard provides a private outdoor space for relaxation & recreation. Close to top rated schools and amenities.

Listing Details MLS# 2136057

General Property Information

Bedrooms Total: 6
Bathrooms Full: 5
Bathrooms Total: 5
Living Area: 4243
Living Area Source: Public Records
Year Built: 2007
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.35
Association YN: Yes
Association Fee: 580
Association Fee Frequency: Annually
Association Fee 2: 540
Association Fee 2 Frequency: Quarterly
Association Name: Plantation Estates
CDD Fee YN: Yes
CDD Fee Amount: 1426.73
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From Race Track Rd, turn onto Flora Branch. Turn Right onto Camberly, Left onto N Danbruy Rd, Right onto E Dorchester.
Public Remarks: Prepare to be captivated by the clean lines, open spaces, and high-end finishes that define this exceptional property. Located on a large corner lot within a gated community, this property offers both style and comfort. The 4243 sq ft home offers 6 bedrooms, 5 bathrooms, plus a bonus media/exercise room, that provides ample space for living and entertaining. The open floor plan is perfect for gatherings, while the luxury vinyl planking adds convenience and sophistication. The kitchen is a chef's dream, showcasing a large quartz island with a waterfall edge and stainless appliances. Every detail has been updated in 2023, from floors to roof, with modern designs, efficiency and is move-in-ready. The two-story open living space creates a dramatic focal point, bathed in natural light. Each bathroom features illuminated mirrors, adding a touch of modern elegance. The fully fenced backyard provides a private outdoor space for relaxation & recreation. Close to top rated schools and amenities.
List Price/SqFt: 235.54
Sold Price/SqFt: 230.73

Property Features

Levels: Two Rental Restrictions: 6 Months Appliances: Dishwasher; Disposal; Electric Range; Microwave Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Primary Bathroom -Tub with Separate Shower; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Vinyl Laundry Features: Lower Level Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard Construction Materials: Stucco Patio And Porch Features: Covered Roof: Shingle Parking Features: Garage Lot Features: Corner Lot Fencing: Full; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Park Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-21

Location Tax and Legal

Street Number: 735
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: Magnolia Preserve

Status Change Information

Major Change Timestamp: 2026-06-12T16:34:20Z
Major Change Type: Status Change
Purchase Contract Date: 2026-05-06
Close Date: 2026-06-11
Close Price: 979000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: ROUND TABLE REALTY

Last Updated: June - 12 - 2026

Information deemed reliable but not guaranteed.