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.

101 SILKGRASS Place, St. Johns, FL 32259 (MLS# 2122885)

101 SILKGRASS Place, St. Johns, FL 32259

$2,800

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,030 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $2,800 List Date: 12/30/2025 Last Modified: 2/10/2026

Overview

Description

Welcome to the sought-after RiverTown community, where luxury living meets resort-style amenities! We are thrilled to present a new, single-level home that offers the perfect blend of comfort, space, style and convenience. Enjoy the convenience of being close to shopping, schools, and river fun like fishing, kayaking, river strolls, and more. Immerse yourself in the tranquil ambiance of RiverTown, where every day feels like a vacation. Photos were taken prior to fence and screened in lanai being installed.

Supplements: Property Details: Location: RiverTown Bedrooms: 4 Bathrooms: 3 full baths (not just 2 ) Heating and Cooling: Central heat and air conditioning Kitchen: Gourmet all-stainless kitchen with 5-burner gas stove Ceilings: Extra-tall, light and airy ceilings Primary Bedroom: Separate shower and soaking tub Tinted windows help keep the house cool ... (Read more)

Listing Details MLS# 2122885

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2030
Living Area Source: Assessor
Year Built: 2023
Lot Size Acres: 0.13
Association YN: No
Accessibility Features YN: Yes
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: 9B South to St. Johns Pkwy, Left on St. Johns Pkwy, Right on 210 W, Left onto Longleaf Pine Pkwy, right onto Orange Branch Trail/Rivertown Main St. At traffic circle, 1st exit onto Bengal Grass Drive. Right onto Wild Safe Drive, Right onto Stoner Creek Pl. Left on Silkgrass Place.
Public Remarks: Welcome to the sought-after RiverTown community, where luxury living meets resort-style amenities! We are thrilled to present a new, single-level home that offers the perfect blend of comfort, space, style and convenience. Enjoy the convenience of being close to shopping, schools, and river fun like fishing, kayaking, river strolls, and more. Immerse yourself in the tranquil ambiance of RiverTown, where every day feels like a vacation. Photos were taken prior to fence and screened in lanai being installed.
List Price/SqFt: 1.48
Sold Price/SqFt: 1.38

Property Features

Additional Lease Terms: 12 Months; 24 Months; Negotiable Owner Pays: Association Fees; Taxes Appliances: Disposal; Dryer; Gas Oven; Gas Range; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Eat-in Kitchen; Kitchen Island; Open Floorplan Laundry Features: In Unit Patio And Porch Features: Screened Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Playground; Tennis Court(s) Water Source: Public Parking Features: Additional Parking; Garage Sewer: Public Sewer Fencing: Vinyl Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Cable TV; Electricity; Gas; Grounds Care; Hot Water; Sewer Pets Allowed: Yes; Call

Contract Information

Rental Service: Other
Rental Application URL: https://form.jotform.com/251244614947056
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-12-30
Lease Term: 12 Months

Location Tax and Legal

Street Number: 101
Street Name: SILKGRASS
Street Suffix: Place
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2026-02-10T15:23:50Z
Major Change Type: Status Change
Purchase Contract Date: 2026-02-09
Close Date: 2026-02-10
Close Price: 2800

Deposits and Fees

Application Fee: 50
Security Deposit: 2995

More Information

Listing Office: JPAR CITY AND BEACH

Last Updated: February - 10 - 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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