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.

785 SHETLAND Drive, St. Johns, FL 32259 (MLS# 1178769)

785 SHETLAND Drive, St. Johns, FL 32259

$439,400

Virtual Tour

https://app.eastcoastvtours.com/v2/785-shetland-dr-saint-johns-fl-32259-2271864/unbranded

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,591 Status: Closed

Current Price: $439,400 List Date: 7/01/2022 Last Modified: 12/30/2025

Overview

Description

Coastal beauty is full of style & space! Welcoming covered porch greets you as you enter foyer. Highlight of the home is the open living space featuring statement light fixtures, wood plank tile flooring, crown molding, kitchen w/ quartz counters, farmhouse sink, gas range, walk-in pantry & large island with seating. Owner's suite w/ walk-in closet, tiled shower w/ frameless enclosure & dual showerheads, double sink vanity w/ quartz counters & linen closet. Convenient laundry w/ built in storage & shelving. Fenced backyard w/ covered lanai overlooks conservation preserve. Security system includes doorbell & camera at garage (currently monitored thru SafeTouch), full irrigation. Amenities include resort style pool, playgrounds, multiple sports fields, dog park & more!

Supplements: Truly a walk or bike ride to school at Freedom Crossing Academy (K-8) located in the neighborhood. Don't miss out on this 3/2 split floorplan that is open & full of natural light!

Listing Details MLS# 1178769

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1591
Living Area Source: Public Records
Year Built: 2018
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
Association Name: Aberdeen HOA
Association Phone: 904-592-4090
CDD Fee YN: Yes
CDD Fee Amount: 1793.69
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I295 to San Jose Blvd/SR 13 South, to Left on Racetrack Rd, to Right on Veteran's Pkwy, to Right on Longleaf Pine Pkwy. Turn Left on Shetland.
Public Remarks: Coastal beauty is full of style & space! Welcoming covered porch greets you as you enter foyer. Highlight of the home is the open living space featuring statement light fixtures, wood plank tile flooring, crown molding, kitchen w/ quartz counters, farmhouse sink, gas range, walk-in pantry & large island with seating. Owner's suite w/ walk-in closet, tiled shower w/ frameless enclosure & dual showerheads, double sink vanity w/ quartz counters & linen closet. Convenient laundry w/ built in storage & shelving. Fenced backyard w/ covered lanai overlooks conservation preserve. Security system includes doorbell & camera at garage (currently monitored thru SafeTouch), full irrigation. Amenities include resort style pool, playgrounds, multiple sports fields, dog park & more!
List Price/SqFt: 276.18
Sold Price/SqFt: 276.18

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Doors; Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame Patio And Porch Features: Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Community Pool; Fitness Center; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-07-01

Location Tax and Legal

Street Number: 785
Street Name: SHETLAND
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Aberdeen

Status Change Information

Major Change Timestamp: 2022-09-01T13:31:38Z
Major Change Type: Status Change
Purchase Contract Date: 2022-07-03
Close Date: 2022-08-31
Close Price: 439400

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Football Field(s): Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Great Room
Utility Room

Documents

HOA Disclosure ›

CDD Disclosure ›

Sellers Property Disclosure ›

Survey on File ›

Listing Office: WATSON REALTY CORP

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.