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# 2109258)

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

$238,000

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

Current Price: $238,000 List Date: 9/18/2025 Last Modified: 2/03/2026

Overview

Description

This immaculate 3-bedroom 2.5 bath end unit townhome is located in the heart of St. Johns County. Gated community. Open floor plan perfect for entertaining. Tile and luxury vinyl floors throughout. Stainless steel appliances & granite countertops, 42' recessed panel cabinets. Large master bathroom. HVAC was replaced in December 2023. Washer & dryer under warranty. Interior painted, garage door opener replaced in 2024. Fridge ice maker replaced in 2025. One car garage. The patio backs to the preserves. NO CDD fees. Amenities include community pool/baby pool, playground, gym, basketball courts, tennis courts. A-Rated schools. Convenient to Beaches, St Augustine and Jacksonville. Just minutes away from schools, parks and shopping. Generally, needs 24-hour notice, can only be shown after 5:00 pm Weekdays and negotiable on weekends.

Listing Details MLS# 2109258

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
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Monthly
Association Fee 2: 98
Association Fee 2 Frequency: Monthly
Association Name: Cypress Trace Condo Management
Association Phone: 904-436-1447
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: South on US-1, Right on Race Track Rd, Left into Crossings at Cypress Trace. Through the security gate to first left. Home is the end unit at the end of the road.
Public Remarks: This immaculate 3-bedroom 2.5 bath end unit townhome is located in the heart of St. Johns County. Gated community. Open floor plan perfect for entertaining. Tile and luxury vinyl floors throughout. Stainless steel appliances & granite countertops, 42' recessed panel cabinets. Large master bathroom. HVAC was replaced in December 2023. Washer & dryer under warranty. Interior painted, garage door opener replaced in 2024. Fridge ice maker replaced in 2025. One car garage. The patio backs to the preserves. NO CDD fees. Amenities include community pool/baby pool, playground, gym, basketball courts, tennis courts. A-Rated schools. Convenient to Beaches, St Augustine and Jacksonville. Just minutes away from schools, parks and shopping. Generally, needs 24-hour notice, can only be shown after 5:00 pm Weekdays and negotiable on weekends.
List Price/SqFt: 160.55
Sold Price/SqFt: 148.1

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: In Unit; Upper Level Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: 100 Amp Service Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Front Porch; Patio Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Wooded View: Trees/Woods Fencing: Back Yard; Vinyl Current Use: Investment; Residential Association Amenities: Children's Pool; Clubhouse; Gated; Maintenance Grounds; Management - Full Time; Playground; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Pest Control; Trash Community Features: Gated Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection