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.

805 PEPPERVINE Avenue, St. Johns, FL 32259 (MLS# 850825)

805 PEPPERVINE Avenue, St. Johns, FL 32259

$528,000

Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 3,992 Status: Closed

Current Price: $528,000 List Date: 10/11/2016 Last Modified: 1/12/2026

Overview

Description

Awesome! Newley updated, custom home, This spacious home is great for personal, professional and entertainment needs. Downstairs has 2 master suites, One larger than the other. Upstairs has 5 bedrooms and 2 baths. one would make a great entertainment or game room. Back yard goes to the creek with a private wooded view, in this tranquil setting. Full stucco exterior, 3 car garage, New Appliances, wood floors, tile, High Ceilings, Fireplace with a spacious open floor plan. Enjoy this great neighborhood designed with you in mind.

Listing Details MLS# 850825

General Property Information

Bedrooms Total: 7
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3992
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Association Fee: 1500
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 727
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Directions: South on SR 13 to Left on Racetrack Road. Left on Flora Branch thru Gate. Left on Estates Way, Left on Lombardy to Right on Peppervine
Public Remarks: Awesome! Newley updated, custom home, This spacious home is great for personal, professional and entertainment needs. Downstairs has 2 master suites, One larger than the other. Upstairs has 5 bedrooms and 2 baths. one would make a great entertainment or game room. Back yard goes to the creek with a private wooded view, in this tranquil setting. Full stucco exterior, 3 car garage, New Appliances, wood floors, tile, High Ceilings, Fireplace with a spacious open floor plan. Enjoy this great neighborhood designed with you in mind.
List Price/SqFt: 135.27
Sold Price/SqFt: 132.26

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Traditional Appliances: Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Waterfront Features: Creek Current Use: Residential Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-10-11

Location Tax and Legal

Street Number: 805
Street Name: PEPPERVINE
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek Plan

Status Change Information

Major Change Timestamp: 2023-11-14T07:01:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-02-08T18:53:00Z
Purchase Contract Date: 2017-03-04
Close Date: 2017-04-21
Close Price: 528000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Self Cleaning Oven: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y

Listing Office: ROBERTS REALTY INTERNATIONAL

Last Updated: January - 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.

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