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.

842 NOCATEE VILLAGE Drive, Ponte Vedra, FL 32081 (MLS# 1235392)

842 NOCATEE VILLAGE Drive, Ponte Vedra, FL 32081

$631,963

Property Type: Residential Income Bedrooms: 3 Baths: 2 Square Footage: 1,807 Status: Closed

Current Price: $631,963 List Date: 7/02/2023 Last Modified: 2/24/2025

Overview

Description

Toll Brothers Egret Plan. Great one story home adjacent to green space. Open plan is perfect for entertaining which opens out to screened lanai for Florida lifestyle. Gourmet kitchen with many added upgraded design features. Offer a great niche area that can be office, more storage area or wine storage, whatever fits your lifestyle. Fenced in backyard. Easy living. Near shopping, dining and amenities to enjoy the Nocatee lifestyle

Listing Details MLS# 1235392

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1807
Living Area Source: Plans
Year Built: 2023
Garage Spaces: 2
Association Fee 2: 484
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From A1A and US 1, take Nocatee Pkwy. Exit Crosswater Pkwy south. At traffic light turn right onto Nocatee Village Dr. Home will be on right.
Public Remarks: Toll Brothers Egret Plan. Great one story home adjacent to green space. Open plan is perfect for entertaining which opens out to screened lanai for Florida lifestyle. Gourmet kitchen with many added upgraded design features. Offer a great niche area that can be office, more storage area or wine storage, whatever fits your lifestyle. Fenced in backyard. Easy living. Near shopping, dining and amenities to enjoy the Nocatee lifestyle
List Price/SqFt: 349.75
Sold Price/SqFt: 349.73

Property Features

Appliances: Dishwasher; Disposal; Gas Water Heater; Microwave Construction Materials: Fiber Cement; Frame Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Natural Gas Available Water Source: Public

Contract Information

Listing Contract Date: 2023-07-01
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 842
Street Name: NOCATEE VILLAGE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32081
Subdivision Name: West End At Town Center
MLS Area Major: 272-Nocatee South

Status Change Information

Major Change Timestamp: 2023-12-07T20:29:24Z
Major Change Type: Status Change
Purchase Contract Date: 2023-07-02
Close Date: 2023-12-07
Close Price: 631963

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Present Rental Terms: Less than .25 Acre, One Bedroom Rentals: Entry Hall / Foyer,Great Room
Public Historical Remarks 2: Det Heat SQFT: 1277.00
Public Historical Remarks 3: Current Zoning: Y

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: February - 24 - 2025

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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