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.

116 RIVA RIDGE Place, St. Johns, FL 32259 (MLS# 2134500)

116 RIVA RIDGE Place, St. Johns, FL 32259

$565,000

Virtual Tour

https://my.matterport.com/show/?m=ffS7xkwc19F

RiverTown Pool overlooking St. Johns Riv

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,533 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $565,000 List Date: 3/26/2026 Last Modified: 5/20/2026

Overview

Description

Welcome to 116 Riva Ridge Place in the sought after RiverTown community. This beautifully designed one-story residence features an open floor plan with three bedrooms and two and a half bathrooms, a versatile flex space, and a private pocket office. The split bedroom layout offers added privacy, while abundant natural light fills the home. Enjoy serene pond views from the screened back porch with a picture frame screen, creating a seamless outdoor backdrop. The porch also features a built-in gas fire pit, offering a cozy space to relax or entertain year-round. The primary suite is a peaceful retreat with dual walk-in closets. The three car garage with its own AC is ideal for woodworking, hobbies, or projects. RiverTown residents enjoy resort style amenities including a riverfront pool, café and bar, tennis and basketball courts, jogging paths, dog parks, a lazy river, and more, making every day feel like a vacation.

Listing Details MLS# 2134500

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2533
Living Area Source: Public Records
Year Built: 2021
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.15
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
Association Name: Floridian Property Management
CDD Fee YN: Yes
CDD Fee Amount: 3584.03
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: Head south on State Road 13, at the roundabout take the second exit onto RiverTown Blvd to enter the RiverTown community, turn left onto Kendall Crossing Dr, then turn left onto Dahlia Falls Dr entering The Havens at RiverTown. Keep left onto Riva Ridge Place and the destination will be on your right, 116 Riva Ridge Place.
Public Remarks: Welcome to 116 Riva Ridge Place in the sought after RiverTown community. This beautifully designed one-story residence features an open floor plan with three bedrooms and two and a half bathrooms, a versatile flex space, and a private pocket office. The split bedroom layout offers added privacy, while abundant natural light fills the home. Enjoy serene pond views from the screened back porch with a picture frame screen, creating a seamless outdoor backdrop. The porch also features a built-in gas fire pit, offering a cozy space to relax or entertain year-round. The primary suite is a peaceful retreat with dual walk-in closets. The three car garage with its own AC is ideal for woodworking, hobbies, or projects. RiverTown residents enjoy resort style amenities including a riverfront pool, café and bar, tennis and basketball courts, jogging paths, dog parks, a lazy river, and more, making every day feel like a vacation.
List Price/SqFt: 227
Sold Price/SqFt: 223.06

Property Features

Levels: One Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Refrigerator; Water Softener Owned Interior Features: Built-in Features; Ceiling Fan(s); Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Solar Tube(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Vinyl Utilities: Cable Connected; Natural Gas Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Construction Materials: Composition Siding Exterior Features: Fire Pit Patio And Porch Features: Front Porch; Rear Porch; Screened Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Fencing: Back Yard; Fenced Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing