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.

877 SOUTHERN CREEK Drive, St. Johns, FL 32259 (MLS# 2120401)

877 SOUTHERN CREEK Drive, St. Johns, FL 32259

$232,500

39-web-or-mls-Southern Creek Dr-0412-909

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,222 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $232,500 List Date: 4/09/2026 Last Modified: 4/25/2026

Overview

Description

Extensively updated 1,222 sq ft 2-bedroom, 2.5-bath townhome in the gated Southern Creek community. NEW ROOF (Feb 2026), NEW HVAC (2025), and Water Heater (2025). Move-in ready with granite countertops, updated appliances, newer flooring & carpet, fresh paint, updated vanities, and contemporary finishes throughout. The bright, open layout is filled with abundant natural light and includes a private attached garage. Both upstairs bedrooms feature updated private en-suite baths, along with a convenient downstairs half bath. Washer and dryer included. Enjoy low-maintenance living & a low HOA - with additional access to Julington Creek Plantation amenities including pools, golf, tennis, pickleball, fitness centers, parks, and trails. Zoned for St. Johns County Public Schools and conveniently located near shopping, dining, and major roadways.

Listing Details MLS# 2120401

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1222
Living Area Source: Appraiser
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.04
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Quarterly
Association Fee 2: 580
Association Fee 2 Frequency: Annually
Association Name: Southern Creek & Julington Creek Plantation POA
CDD Fee YN: Yes
CDD Fee Amount: 810.57
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
Senior Community YN: No
Directions: From I-95, take the exit for Peyton Parkway/FL-9B and continue east. Follow FL-9B to Race Track Rd and turn left. Continue to the Southern Creek entrance on the right. After entering the gate, turn right onto Southern Bay Dr, then right onto Southern Creek Dr; home will be on the right.
Public Remarks: Extensively updated 1,222 sq ft 2-bedroom, 2.5-bath townhome in the gated Southern Creek community. NEW ROOF (Feb 2026), NEW HVAC (2025), and Water Heater (2025). Move-in ready with granite countertops, updated appliances, newer flooring & carpet, fresh paint, updated vanities, and contemporary finishes throughout. The bright, open layout is filled with abundant natural light and includes a private attached garage. Both upstairs bedrooms feature updated private en-suite baths, along with a convenient downstairs half bath. Washer and dryer included. Enjoy low-maintenance living & a low HOA - with additional access to Julington Creek Plantation amenities including pools, golf, tennis, pickleball, fitness centers, parks, and trails. Zoned for St. Johns County Public Schools and conveniently located near shopping, dining, and major roadways.
List Price/SqFt: 192.31
Sold Price/SqFt: 190.26

Property Features

Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Freezer; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Open Floorplan; Pantry; Walk-In Closet(s) Flooring: Carpet; Vinyl Laundry Features: In Unit; Lower Level Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Stucco Patio And Porch Features: Front Porch Roof: Shingle Parking Features: Additional Parking; Garage Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Gated; Sidewalks; Street Lights Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection Room Types: Bathroom 2; Bathroom 3; Bedroom 2; Kitchen; Living Room; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-12-05

Location Tax and Legal

Street Number: 877
Street Name: SOUTHERN CREEK
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Southern Creek

Status Change Information

Major Change Timestamp: 2026-04-25T06:18:21Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-06T12:54:37Z
Purchase Contract Date: 2026-03-25
Close Date: 2026-04-24
Close Price: 232500

DPR Eligible

DPR Eligible: No

More Information

Room Types

Bathroom 2 Level: Upper
Bathroom 3 Level: Lower
Bedroom 2 Level: Upper
Primary Bathroom Level: Upper
Primary Bedroom Level: Upper

Room Information

Room Name	Level	Remarks
Primary Bedroom	Upper
Primary Bathroom	Upper
Bedroom 2	Upper
Bathroom 2	Upper
Kitchen
Living Room
Bathroom 3	Lower	Half bath

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: April - 25 - 2026

Information deemed reliable but not guaranteed.