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.

803 S BLACK CHERRY Drive, St. Johns, FL 32259 (MLS# 2069887)

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

$200,000

Virtual Tour

https://www.zillow.com/view-imx/5f4b1716-85f3-48f1-a88e-d71e55e94c3f?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,263 Status: Closed

Current Price: $200,000 List Date: 6/06/2025 Last Modified: 1/12/2026

Overview

Description

Welcome home to this charming condo nestled in the gated community of The Crossings at Cypress Trace. The spacious 2 bedroom, 2.5 bath home offers tile flooring throughout the first floor and a bright open floor plan. The kitchen has granite counters, maple 42'' cabinets and breakfast bar that overlooks the family room. Upstairs you will find the owner's suite with a walk in closet and large bathroom with an extended vanity and tile floors. The 2nd bedroom also has a dedicated bathroom and walk in closet. The laundry closet is conveniently located upstairs too. This two-story condo is in a St. Johns County gated community less than 20 minutes from the beach and within 10 minutes of a golf club. Enjoy first-class, community amenities within walking distance that include a pool, tennis courts, basketball courts, and a children's playground. Zoned for top rated St. Johns County Schools.

Listing Details MLS# 2069887

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1263
Living Area Source: Public Records
Year Built: 2006
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 285
Association Fee Frequency: Monthly
Association Fee 2: 98
Association Fee 2 Frequency: Monthly
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
Furnished: Unfurnished
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 gate to first left, then right on Black Cherry Drive, home on right.
Public Remarks: Welcome home to this charming condo nestled in the gated community of The Crossings at Cypress Trace. The spacious 2 bedroom, 2.5 bath home offers tile flooring throughout the first floor and a bright open floor plan. The kitchen has granite counters, maple 42'' cabinets and breakfast bar that overlooks the family room. Upstairs you will find the owner's suite with a walk in closet and large bathroom with an extended vanity and tile floors. The 2nd bedroom also has a dedicated bathroom and walk in closet. The laundry closet is conveniently located upstairs too. This two-story condo is in a St. Johns County gated community less than 20 minutes from the beach and within 10 minutes of a golf club. Enjoy first-class, community amenities within walking distance that include a pool, tennis courts, basketball courts, and a children's playground. Zoned for top rated St. Johns County Schools.
List Price/SqFt: 165.48
Sold Price/SqFt: 158.35

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Construction Materials: Frame Patio And Porch Features: Patio Spa Features: Community Roof: Shingle Parking Features: Attached; Garage Door Opener Current Use: Residential Association Amenities: Basketball Court; Community Pool; Playground; Tennis Court(s) Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA Contingency Reason: Appraisal; Financing; Inspection