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.

800 BLACK CHERRY Drive S, St. Johns, FL 32259 (MLS# 1057895)

800 BLACK CHERRY Drive S, St. Johns, FL 32259

$176,000

800 South Black Cherry Drive (Low Res-ML

800 South Black Cherry Drive (High Res-P

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,607 Status: Closed

Current Price: $176,000 List Date: 6/11/2020 Last Modified: 3/23/2026

Overview

Description

The sellers have shown this home a lot of love through the years as its original owners and now it's your turn! Pull out your buyer's checklist and see how many boxes it meets! It's spacious...an end-unit...the homeowners association maintains the exterior...the community is gated...located in St Johns County and other features you will discover on your own. If you want to be in close proximity to shopping, restaurants and recreational activities, you'll have the new Durbin Park shopping center practically in your backyard! Stainless steel appliances and granite countertops were added within the last 6 years. Enjoy the convenience of a garage refrigerator to stock up on extra necessities and peace of mind knowing all appliances have been serviced regularly. Schedule your showing today!

Supplements: today!

Listing Details MLS# 1057895

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1607
Living Area Source: Public Records
Year Built: 2006
Association YN: Yes
Association Fee: 86
Association Fee Frequency: Monthly
Association Fee 2: 155
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: From Phillips Hwy (US1), head west on Racetrack Rd, left on Big Cypress Dr., after gate take left on Cherry Way, at the stop sign the home is straight ahead on Black Cherry Dr S
Public Remarks: The sellers have shown this home a lot of love through the years as its original owners and now it's your turn! Pull out your buyer's checklist and see how many boxes it meets! It's spacious...an end-unit...the homeowners association maintains the exterior...the community is gated...located in St Johns County and other features you will discover on your own. If you want to be in close proximity to shopping, restaurants and recreational activities, you'll have the new Durbin Park shopping center practically in your backyard! Stainless steel appliances and granite countertops were added within the last 6 years. Enjoy the convenience of a garage refrigerator to stock up on extra necessities and peace of mind knowing all appliances have been serviced regularly. Schedule your showing today!
List Price/SqFt: 115.12
Sold Price/SqFt: 109.52

Property Features

Approx Parcel Size: Less than .25 Acre; Condo-NA Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Other Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener; Guest Lot Features: Wooded Current Use: Multi-Family Association Amenities: Basketball Court; Children's Pool; Community Pool; Maintenance Grounds; Playground; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2020-06-11
Unit Type: End Unit

Location Tax and Legal

Street Number: 800
Street Name: BLACK CHERRY
Street Suffix: Drive
Street Direction Suffix: S
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Cypress Trace

Status Change Information

Major Change Timestamp: 2023-11-14T10:32:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-07-24T18:10:20Z
Purchase Contract Date: 2020-08-01
Close Date: 2020-09-11
Close Price: 176000

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Loft
Utility Room
Bedroom 1	Second	10.20	10.30
Bedroom 2	Second	10.00	10.20
Primary Bedroom	Second	14.50	13.40
Other	Second	14.11	8.11	Loft
Great Room	First	20.70	11.10
Dining Room	First	8.90	10.70

Listing Office: DAVIDSON REALTY, INC.

Last Updated: March - 23 - 2026

Information deemed reliable but not guaranteed.