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.

909 CAVANAUGH Drive, St. Johns, FL (MLS# 776518)

909 CAVANAUGH Drive, St. Johns, FL

$459,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,974 Status: Closed

Current Price: $459,000 List Date: 9/15/2015 Last Modified: 8/11/2026

Overview

Description

Stunning ICI six bedroom home with abundant natural light, soaring ceilings & a delightful view of a large tranquil pond. Inside you will find cherry wood flooring, chair-rail molding in the formal dining room, double French door access to the lanai & an elegant stairway with spindles & stained banister. The kitchen features a center prep island, GE Profile appliances, exquisite granite, carved cherry hood & raised panel 42in upgraded cabinetry. The great room features a vaulted ceiling & wood burning fireplace. Downstairs you will find the master suite & addnl guest bedroom. Upstairs provides large bedrooms & a bonus room w/ wet bar. Outside you will enjoy the breeze from the over-sized lanai & gently flowing pond.

Listing Details MLS# 776518

General Property Information

Bedrooms Total: 5
Bathrooms Full: 5
Bathrooms Total: 5
Living Area: 3974
Living Area Source: Public Records
Year Built: 2005
Homestead YN: Yes
Association YN: Yes
Association Fee: 1175
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: No
Stories: 2
Directions: I-295 to San Jose Blvd south to Racetrack Rd east 2.1mi; left on Flora Branch (thru gate); right on Camberly; left on N. Danbury; right on E. Dorchester; right on Cavanaugh Dr. Home is on the right.
Public Remarks: Stunning ICI six bedroom home with abundant natural light, soaring ceilings & a delightful view of a large tranquil pond. Inside you will find cherry wood flooring, chair-rail molding in the formal dining room, double French door access to the lanai & an elegant stairway with spindles & stained banister. The kitchen features a center prep island, GE Profile appliances, exquisite granite, carved cherry hood & raised panel 42in upgraded cabinetry. The great room features a vaulted ceiling & wood burning fireplace. Downstairs you will find the master suite & addnl guest bedroom. Upstairs provides large bedrooms & a bonus room w/ wet bar. Outside you will enjoy the breeze from the over-sized lanai & gently flowing pond.
List Price/SqFt: 115.5
Sold Price/SqFt: 115.5

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Entrance Foyer; In-Law Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air; Electric; Zoned Heating: Central; Electric; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Brick; Frame; Stucco; Other Patio And Porch Features: Covered; Front Porch; Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Playground; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-06-08

Location Tax and Legal

Street Number: 909
Street Name: CAVANAUGH
Street Suffix: Drive
County: St. Johns
State: FL
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Plantation Estates W

Status Change Information

Major Change Timestamp: 2023-11-13T21:07:12Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-10-31T20:06:55Z
Purchase Contract Date: 2015-11-03
Close Date: 2016-01-05
Close Price: 459000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Det Heat SQFT: 0.00, Utilities-Underground: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Courtyard Entry Garage: Y, Marble Fireplace: Y, Structure Builder: ICI, Golf Course Comm: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Soccer Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-French Door(s): Y, Fireplace Mantle: Y, Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Security, See ShowingAssist, Call Listing Office, Non-NEFAR Lockbox, Gated

Room Information

Room Name
Living Room
Great Room
Loft
Utility Room

Listing Office: RE/MAX UNLIMITED

Last Updated: August - 11 - 2026

Information deemed reliable but not guaranteed.