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.

76 VALLEY FALLS Way, St. Johns, FL 32259 (MLS# 1248115)

76 VALLEY FALLS Way, St. Johns, FL 32259

$870,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,661 Status: Closed

Current Price: $870,000 List Date: 9/19/2023 Last Modified: 2/04/2026

Overview

Description

**PRICE IMPROVEMENT** Don't miss move-in ready, GORGEOUS saltwater pool home on a premium lot with captivating preserve and pond views in a new resort-style community. Work from home, entertain, and relax in 4 bed/3.5 bath with office/flex room, loft, kitchen/dining with large breakfast bar & extended walk-in pantry. Enjoy FL sunshine from ~1600 sq.ft. of screened outdoor space with a heated/chilled pool. Sellers have spared no expense in well-designed upgrades: custom built-ins, an eye-catching tile wall, interior/exterior lighting, premium carpet, plantation shutters, and owner's suite closets. Unrivaled curb appeal with impeccable landscaping. A-rated schools and no CDD fees - amenity center with gym, pool, tennis, and clubhouse in fall 2023. Home built by Toll Brothers.

Listing Details MLS# 1248115

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3661
Living Area Source: Public Records
Year Built: 2022
Association YN: Yes
Association Fee: 141
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: 2
Directions: I 95 to CR 210. West on CR 210 Greenbriar then rt on Bridgeton st rt on wye rd left on Valley Falls home on Rt
Public Remarks: **PRICE IMPROVEMENT** Don't miss move-in ready, GORGEOUS saltwater pool home on a premium lot with captivating preserve and pond views in a new resort-style community. Work from home, entertain, and relax in 4 bed/3.5 bath with office/flex room, loft, kitchen/dining with large breakfast bar & extended walk-in pantry. Enjoy FL sunshine from ~1600 sq.ft. of screened outdoor space with a heated/chilled pool. Sellers have spared no expense in well-designed upgrades: custom built-ins, an eye-catching tile wall, interior/exterior lighting, premium carpet, plantation shutters, and owner's suite closets. Unrivaled curb appeal with impeccable landscaping. A-rated schools and no CDD fees - amenity center with gym, pool, tennis, and clubhouse in fall 2023. Home built by Toll Brothers.
List Price/SqFt: 239.93
Sold Price/SqFt: 237.64

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer Fireplace Features: Electric Interior Features: Breakfast Bar; Built-in Features; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Locks Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Patio Pool Features: In Ground; Electric Heat; Heated; Salt Water; Screen Enclosure Roof: Shingle Parking Features: Additional Parking; Garage Door Opener Lot Features: Irregular Lot; Sprinklers In Front; Sprinklers In Rear Waterfront Features: Pond Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s) Road Surface Type: Asphalt Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-09-15

Location Tax and Legal

Street Number: 76
Street Name: VALLEY FALLS
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Mill Creek Forest

Status Change Information

Major Change Timestamp: 2023-11-29T19:39:53Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-07T22:28:39Z
Purchase Contract Date: 2023-10-20
Close Date: 2023-11-08
Close Price: 870000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Smart Home Features: T-stat Eco Bee, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other, Occupant Type: Pets, See ShowingAssist, Occupied - Lockbox, Advance Notice

Room Information

Room Name
Office
Utility Room

Documents

HOA ›

Upgrades ›

Floor Plans on File ›

Listing Office: NAVY TO NAVY HOMES LLC

Last Updated: February - 04 - 2026

Information deemed reliable but not guaranteed.