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.

114 ZEPHYR Drive, St. Johns, FL 32259 (MLS# 1230507)

114 ZEPHYR Drive, St. Johns, FL 32259

$504,540

Shores at RiverTown_Aerial Photography_2

Shores at RiverTown_Amenity Rendering_DO

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,801 Status: Closed

Current Price: $504,540 List Date: 6/03/2023 Last Modified: 8/03/2026

Overview

Description

This Tideland Craftsman is single-level living at its finest. This perfectly crafted home offers 1,801 square-feet, 3 bedrooms, and 2 baths. The gourmet kitchen makes a statement with its premium finishes, upgraded cabinets, and stainless steel appliances. Additional highlights of this home include an expanded covered lanai and a 4-foot extension of the primary bedroom. Tankless Water Heater. Pre-Plumb for Water Softener, fully irrigated with timer. Amenity Center includes clubhouse, dog park, fitness center, water slide, playgrounds, multi-purpose fields, and walking and biking trails. This home is under construction. Move in approx. January 2024. Images in listing are of model, NOT home listed.

Listing Details MLS# 1230507

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1801
Living Area Source: Builder
Year Built: 2023
Association YN: Yes
Association Fee: 100
Association Fee Frequency: Monthly
Association Fee 2: 1200
CDD Fee YN: Yes
CDD Fee Amount: 1000
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2024-03-15
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Head W on CR 210 and continue to FL-16A. Turn right at SR-13 turn right (N) and RiverTown Shores will be on your left. Turn at Haven just before the Riverclub round-about. OR south on San Jose Blvd to SR 13 and after second round-about turn right at Haven into community.
Public Remarks: This Tideland Craftsman is single-level living at its finest. This perfectly crafted home offers 1,801 square-feet, 3 bedrooms, and 2 baths. The gourmet kitchen makes a statement with its premium finishes, upgraded cabinets, and stainless steel appliances. Additional highlights of this home include an expanded covered lanai and a 4-foot extension of the primary bedroom. Tankless Water Heater. Pre-Plumb for Water Softener, fully irrigated with timer. Amenity Center includes clubhouse, dog park, fitness center, water slide, playgrounds, multi-purpose fields, and walking and biking trails. This home is under construction. Move in approx. January 2024. Images in listing are of model, NOT home listed.
List Price/SqFt: 313.71
Sold Price/SqFt: 280.14

Property Features

Approx Parcel Size: Less than .25 Acre Property Condition: Under Construction Appliances: Dishwasher; Disposal; Microwave; Tankless Water Heater Interior Features: Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs Utilities: Natural Gas Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Green Energy Efficient: Doors; Windows Security Features: Security System Owned; Smoke Detector(s) Patio And Porch Features: Porch; Screened Pool Features: None Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener Lot Features: Wooded Current Use: Residential; Single Family Association Amenities: Boat Dock; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Great Room

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2023-06-03

Location Tax and Legal

Street Number: 114
Street Name: ZEPHYR
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown Shores

Status Change Information

Major Change Timestamp: 2026-02-26T17:21:57Z
Major Change Type: Status Change
Price Change Timestamp: 2023-11-21T19:27:24Z
Purchase Contract Date: 2024-03-25
Close Date: 2026-02-26
Close Price: 504540

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Separate Electric Meter(s): Y, Club Amenities-Nature Trails: Y, Football Field(s): Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Utilities-Separate Water Meter(s): Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y
Public Historical Remarks 3: Intermediate School: Other, Occupant Type: Vacant, Call Seller Direct

Room Information

Room Name
Great Room

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: August - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare