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.

87 PEACE RIVER Road, St. Johns, FL 32259 (MLS# 2140248)

87 PEACE RIVER Road, St. Johns, FL 32259

$462,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,091 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $462,000 List Date: 4/16/2026 Last Modified: 6/02/2026

Overview

Description

Built less than 3 years ago in this no CDD community, this meticulously maintained home is filled with upgrades. Enjoy 9' ceilings, ripped pine LVP, and upgraded light fixtures throughout. The kitchen features a natural gas range, Carrara quartz, single-basin apron sink, and 42'' maple cabinets. Upstairs, the luxurious primary suite boasts matte tile-surround shower w/frameless glass and separate garden tub, plus a private water closet and customized walk-in. Three additional well-appointed bedrooms share another upgraded hall bathroom. With a cozy front porch and an extended screened patio overlooking the wooded backyard, there is plenty of space for relaxing or entertaining indoors and out! Too many upgrades to list: cat 6 ethernet, water softener loop, Moen & Koehler fixtures, surround sound prewire, extended garage, and so much more! Community amenities include a gated playground and resort-style pool.

Supplements: Convenient to 95 and shopping, dining, and entertainment on 210.

Listing Details MLS# 2140248

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2091
Living Area Source: Public Records
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.12
Association YN: Yes
Association Fee: 330
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From 95, take exit 329 onto CR-210 and head west. Turn right on Russell Sampson Rd and take the second exit in the roundabout into Brookside Preserve.
Public Remarks: Built less than 3 years ago in this no CDD community, this meticulously maintained home is filled with upgrades. Enjoy 9' ceilings, ripped pine LVP, and upgraded light fixtures throughout. The kitchen features a natural gas range, Carrara quartz, single-basin apron sink, and 42'' maple cabinets. Upstairs, the luxurious primary suite boasts matte tile-surround shower w/frameless glass and separate garden tub, plus a private water closet and customized walk-in. Three additional well-appointed bedrooms share another upgraded hall bathroom. With a cozy front porch and an extended screened patio overlooking the wooded backyard, there is plenty of space for relaxing or entertaining indoors and out! Too many upgrades to list: cat 6 ethernet, water softener loop, Moen & Koehler fixtures, surround sound prewire, extended garage, and so much more! Community amenities include a gated playground and resort-style pool.
List Price/SqFt: 221.9
Sold Price/SqFt: 220.95

Property Features

Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Lower Level; Washer Hookup Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Patio And Porch Features: Patio; Screened Parking Features: Garage Lot Features: Wooded View: Trees/Woods Current Use: Residential Association Amenities: Clubhouse; Community Pool; Playground Community Features: Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-04-16

Location Tax and Legal

Street Number: 87
Street Name: PEACE RIVER
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Brookside Preserve

Status Change Information

Major Change Timestamp: 2026-06-02T19:58:35Z
Major Change Type: Status Change
Purchase Contract Date: 2026-04-29
Close Date: 2026-06-02
Close Price: 462000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: ROOT REALTY LLC

Last Updated: June - 02 - 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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