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.

769 W DEVONHURST Lane, Ponte Vedra, FL 32081 (MLS# 854776)

769 W DEVONHURST Lane, Ponte Vedra, FL 32081

$1,999

Property Type: Residential Lease Bedrooms: 5 Baths: 3 Square Footage: 2,551 Status: Closed

Current Price: $1,999 List Date: 12/15/2016 Last Modified: 5/15/2025

Overview

Description

spacious 5 BR Walden Chase family home close to Jax., Ponte Vedra, St. Augustine, beaches, hospitals, shopping, and restaurants. Open floor plan with room for office or formal living space, large living room with den leading to outside deck. Split floor plan features MASTER BEDROOM ON FIRST with separate walk in shower and garden tub, large walk in closet and double sinks. Fantastic eat-in kitchen with solid surface counters, integrated double sink, 42'' cabinets abound, and breakfast bar next to dining room making this a fabulous home to entertain in or enjoy large family gatherings. Large bonus room (in-law bedroom or man cave) with full bath upstairs for privacy.

Listing Details MLS# 854776

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2551
Living Area Source: Public Records
Year Built: 2005
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Valley Ridge Parkway just east of US1 go south on Old Dixie Highway to first left onto Walden Chase Lane, first right on Ashton Ln., right on West Devonhurst Ln. Home near cul de sac on right.
Public Remarks: spacious 5 BR Walden Chase family home close to Jax., Ponte Vedra, St. Augustine, beaches, hospitals, shopping, and restaurants. Open floor plan with room for office or formal living space, large living room with den leading to outside deck. Split floor plan features MASTER BEDROOM ON FIRST with separate walk in shower and garden tub, large walk in closet and double sinks. Fantastic eat-in kitchen with solid surface counters, integrated double sink, 42'' cabinets abound, and breakfast bar next to dining room making this a fabulous home to entertain in or enjoy large family gatherings. Large bonus room (in-law bedroom or man cave) with full bath upstairs for privacy.
List Price/SqFt: 0.78
Sold Price/SqFt: 0.78

Property Features

Architectural Style: Contemporary Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Pool Features: None Association Amenities: Community Pool; Tennis Court(s) Fencing: Back Yard Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-11-10
Lease Term: 12 Months

Location Tax and Legal

Street Number: 769
Street Direction Prefix: W
Street Name: DEVONHURST
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Walden Chase

Status Change Information

Major Change Timestamp: 2023-11-19T19:25:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-12-15T16:52:39Z
Purchase Contract Date: 2016-12-28
Close Date: 2016-12-30
Close Price: 1999

Historical Information

Public Historical Remarks 1: Pet Rent: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Bath-Owner Bath W/Whirlpool: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Stucco, Bath-Garden Bath: Y, Kitchen-Solid Surface Countertops: Y, Structure Slab: Y
Public Historical Remarks 3: Date Available: immediately

More Information

Room Information

Room Name
Office

Listing Office: PROGRESS RESIDENTIAL PROPERTY MANAGER LLC

Last Updated: May - 15 - 2025

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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