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.

797 BROWN BEAR, St. Johns, FL 32259 (MLS# 2125518)

797 BROWN BEAR, St. Johns, FL 32259

$445,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,418 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $445,000 List Date: 1/16/2026 Last Modified: 4/09/2026

Overview

Description

Discover this pristine 2022-built 3-bedroom, 2-bathroom home this is move-in ready with modern finishes and no CDD fees! The open-concept layout features high ceilings, abundant natural light, and durable wood-look tile flooring throughout main areas. The spacious great room seamlessly connects to the gourmet kitchen with white cabinetry, stainless steel appliances, quartz countertops, large center island, and walk-in pantry. Sliding doors lead to the screened lanai overlooking a fully fenced backyard—perfect for outdoor living. The split-floorplan primary suite offers a tray ceiling, walk-in closet, and en-suite with dual vanities, garden tub, and separate shower. Two additional bedrooms are bright with carpet and ample closets, plus a full guest bath. Extras include indoor laundry, 2-car garage with epoxy floor, ceiling fans, recessed lighting, and plenty of storage.

Supplements: Enjoy the covered porch, paver driveway, lush landscaping, and brick-paver lanai. Low-maintenance living in a desirable neighborhood with no CDDschedule your tour today!

Listing Details MLS# 2125518

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2121
Living Area Source: Public Records
Building Area Total: 2418
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 624.14
Association Fee Frequency: Semi-Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: from long leaf pine parkway turn into Grand Creek North. Follow brown bear throught he neighborhood. Home is on the left.
Public Remarks: Discover this pristine 2022-built 3-bedroom, 2-bathroom home this is move-in ready with modern finishes and no CDD fees! The open-concept layout features high ceilings, abundant natural light, and durable wood-look tile flooring throughout main areas. The spacious great room seamlessly connects to the gourmet kitchen with white cabinetry, stainless steel appliances, quartz countertops, large center island, and walk-in pantry. Sliding doors lead to the screened lanai overlooking a fully fenced backyard—perfect for outdoor living. The split-floorplan primary suite offers a tray ceiling, walk-in closet, and en-suite with dual vanities, garden tub, and separate shower. Two additional bedrooms are bright with carpet and ample closets, plus a full guest bath. Extras include indoor laundry, 2-car garage with epoxy floor, ceiling fans, recessed lighting, and plenty of storage.
List Price/SqFt: 214.52
Sold Price/SqFt: 209.81

Property Features

Architectural Style: Ranch Appliances: Disposal; Dryer; Gas Oven; Ice Maker; Tankless Water Heater; Washer Interior Features: Ceiling Fan(s); Smart Thermostat; Split Bedrooms Flooring: Carpet; Tile Utilities: Electricity Connected; Sewer Connected Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Composition Siding Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: On Street View: Protected Preserve; Trees/Woods Fencing: Back Yard Current Use: Single Family Association Amenities: Children's Pool; Community Pool; Dog Park Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-01-16

Location Tax and Legal

Street Number: 797
Street Name: BROWN BEAR
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Grand Creek North

Status Change Information

Major Change Timestamp: 2026-04-09T13:35:34Z
Major Change Type: Status Change
Price Change Timestamp: 2026-02-20T21:00:07Z
Purchase Contract Date: 2026-03-25
Close Date: 2026-04-09
Close Price: 445000

DPR Eligible

DPR Eligible: No

More Information

Documents

Listing Office: COMPASS FLORIDA LLC

Last Updated: April - 09 - 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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