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.

782 S LILAC LOOP Loop, St. Johns, FL 32259 (MLS# 1091892)

782 S LILAC LOOP Loop, St. Johns, FL 32259

$311,756

JAXREP_782_South_Lilac_Loop_Jacksonville

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,583 Status: Closed

Current Price: $311,756 List Date: 1/27/2021 Last Modified: 7/21/2026

Overview

Description

This home is very clean, freshly updated and currently vacant and move-in ready. Great 4 bedroom, 2 bathroom home in JCP ready today! Clean, paint, open floor plan...great house on a nice quiet street. Open foyer connects to the dining/living room combo with open kitchen with bar and eat in area and nice pantry. Spacious master suite and his and her walk in closets. Fenced yard, 2 car garage, nice size laundry room and much more! Full access to community amenities. Must see! *Roof is 2 years old.

Listing Details MLS# 1091892

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1583
Living Area Source: Measured
Year Built: 2003
Association YN: Yes
Association Fee: 450
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Directions: From SR13, go east on Race Track Rd to left on Bishop Estates Road; left into West Branch S/D; Lilac Loop is 3rd left; house is on the left.
Public Remarks: This home is very clean, freshly updated and currently vacant and move-in ready. Great 4 bedroom, 2 bathroom home in JCP ready today! Clean, paint, open floor plan...great house on a nice quiet street. Open foyer connects to the dining/living room combo with open kitchen with bar and eat in area and nice pantry. Spacious master suite and his and her walk in closets. Fenced yard, 2 car garage, nice size laundry room and much more! Full access to community amenities. Must see! *Roof is 2 years old.
List Price/SqFt: 195.2
Sold Price/SqFt: 196.94

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Washer Interior Features: Entrance Foyer Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Pool Features: None Roof: Shingle Parking Features: Additional Parking Fencing: Back Yard Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Jogging Path; Playground; Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-01-25

Location Tax and Legal

Street Number: 782
Street Direction Prefix: S
Street Name: LILAC LOOP
Street Suffix: Loop
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek

Status Change Information

Major Change Timestamp: 2021-02-19T22:20:35Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-29
Close Date: 2021-02-19
Close Price: 311756

Historical Information

Public Historical Remarks 1: Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Great Room
Utility Room

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

Last Updated: July - 21 - 2026

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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