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.

118 DAHLIA FALLS Drive, St. Johns, FL 32259 (MLS# 1204316)

118 DAHLIA FALLS Drive, St. Johns, FL 32259

$395,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,328 Status: Closed

Current Price: $395,000 List Date: 12/12/2022 Last Modified: 4/17/2026

Overview

Description

Gorgeous Home in the Highly Desirable RIVERTOWN Neighborhood is NEARLY NEW and Ready NOW! Situated on a Beautiful Lot w Water AND Preserve Views! You Won't Find Another One Like This! Attractive Wood-Look Tile Throughout! Stunning Chef's Kitchen w Quartz Island & Breakfast Bar! Stainless Steel Appliances & Upgraded Recessed Lighting! Open Concept Layout is Perfect for Entertaining! You'll Love the Owner's Bedroom w Backyard Views & Tray Ceiling! Spa-Like En Suite Boasts Garden Tub & Dual Sink Vanity! Head Out the Sliding Doors to Enjoy the Lanai & Spacious Backyard. Unbeatable Views & Plenty of Room to Run & Play! Don't Miss the Resort-Like Rivertown Amenities & Top-Rated St. Johns County Schools! This is the One You've Been Waiting Fo

Listing Details MLS# 1204316

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1328
Living Area Source: Public Records
Year Built: 2021
Lot Size Dimensions: 65x140
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2207.02
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: From I-295S, take Ex 5 onto SR-13. Turn right onto San Jose Blvd. At roundabout, take 2nd exit onto Rivertown Blvd. Left onto Kendall Crossing Dr. Left onto Dahlia Falls Dr. The home is on the right.
Public Remarks: Gorgeous Home in the Highly Desirable RIVERTOWN Neighborhood is NEARLY NEW and Ready NOW! Situated on a Beautiful Lot w Water AND Preserve Views! You Won't Find Another One Like This! Attractive Wood-Look Tile Throughout! Stunning Chef's Kitchen w Quartz Island & Breakfast Bar! Stainless Steel Appliances & Upgraded Recessed Lighting! Open Concept Layout is Perfect for Entertaining! You'll Love the Owner's Bedroom w Backyard Views & Tray Ceiling! Spa-Like En Suite Boasts Garden Tub & Dual Sink Vanity! Head Out the Sliding Doors to Enjoy the Lanai & Spacious Backyard. Unbeatable Views & Plenty of Room to Run & Play! Don't Miss the Resort-Like Rivertown Amenities & Top-Rated St. Johns County Schools! This is the One You've Been Waiting Fo
List Price/SqFt: 330.6
Sold Price/SqFt: 297.44

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Additional Parking; Attached; Garage View: Protected Preserve; Water Waterfront Features: Pond Fencing: Other Current Use: Single Family Association Amenities: Boat Dock; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) 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: 2022-12-12

Location Tax and Legal

Street Number: 118
Street Name: DAHLIA FALLS
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2023-11-17T17:22:31Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-05-25T11:35:37Z
Purchase Contract Date: 2023-06-24
Close Date: 2023-07-12
Close Price: 395000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Club Amenities-Nature Trails: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Structure Slab: Y, Fenced Partial: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Utility Room

Documents

HOA Addendum ›

CDD Addendum ›

Seller's Property Disclosure ›

$2,500 Preferred Lender Incentive ›

Listing Office: eXp REALTY LLC

Last Updated: April - 17 - 2026

Information deemed reliable but not guaranteed.