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 SERVIA Drive, St. Johns, FL 32259 (MLS# 926143)

797 SERVIA Drive, St. Johns, FL 32259

$205,865

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,502 Status: Closed

Current Price: $205,865 List Date: 3/15/2018 Last Modified: 8/12/2026

Overview

Description

New construction townhome from DR HORTON - Express line - Oakley floorplan.

Listing Details MLS# 926143

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1502
Living Area Source: Plans
Year Built: 2018
Association YN: Yes
Association Fee: 190
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1045
New Construction YN: Yes
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: Racetrack Rd from US-1 or San Jose Blvd to St Johns Pkwy & head south.
Public Remarks: New construction townhome from DR HORTON - Express line - Oakley floorplan.
List Price/SqFt: 137.06
Sold Price/SqFt: 137.06

Property Features

Approx Parcel Size: Less than .25 Acre Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2018-03-09

Location Tax and Legal

Street Number: 797
Street Name: SERVIA
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Palisades At Durbin Crossing

Status Change Information

Major Change Timestamp: 2018-03-15T13:19:38Z
Major Change Type: Status Change
Purchase Contract Date: 2018-03-09
Close Date: 2018-03-09
Close Price: 205865

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Structure Builder: DR HORTON, Seller May Pay Closing: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Soccer Field(s): Y, Townhouse: Y, Structure Slab: Y

More Information

Listing Office: NON MLS (realMLS)

Last Updated: August - 12 - 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.