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.

124 RIVERWALK Boulevard, St. Johns, FL 32259 (MLS# 1164310)

124 RIVERWALK Boulevard, St. Johns, FL 32259

$480,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,805 Status: Closed

Current Price: $480,000 List Date: 4/21/2022 Last Modified: 3/06/2026

Overview

Description

Enjoy the river life on your very own welcoming front porch on a gorgeous tree lined street in sought-after Rivertown! Relax in your rocking chair and feel the calm river breezes, walk to the River House or bike to the River Club. This home has an open concept living/dining and kitchen area with plenty of room for entertaining. With 3 bedrooms and 2 bathrooms, there is plenty of room for your family and guests. The back patio includes an outdoor kitchen and private setting. A back-alley 2-car oversized garage comes with 11' ceilings and a 24' depth, with plenty of space to fit a golf cart along with your vehicles. When living in RiverTown, you'll feel like you're on vacation every day. The peaceful trails along the St. Johns River and the resort-style amenities rival the finest

Supplements: waterfront resorts. Multiple swimming pools, fitness center, game room, playgrounds, basketball/tennis courts, event lawns and plenty of river access, fun is just steps away.

Listing Details MLS# 1164310

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1805
Living Area Source: Public Records
Year Built: 2015
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2035.3
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Directions: If entering from Longleaf/Main Rivertown Entrance - Follow Rivertown Main Street to the roundabout, take second exit onto Orange Branch Trail, Turn left onto Riverwalk.
Public Remarks: Enjoy the river life on your very own welcoming front porch on a gorgeous tree lined street in sought-after Rivertown! Relax in your rocking chair and feel the calm river breezes, walk to the River House or bike to the River Club. This home has an open concept living/dining and kitchen area with plenty of room for entertaining. With 3 bedrooms and 2 bathrooms, there is plenty of room for your family and guests. The back patio includes an outdoor kitchen and private setting. A back-alley 2-car oversized garage comes with 11' ceilings and a 24' depth, with plenty of space to fit a golf cart along with your vehicles. When living in RiverTown, you'll feel like you're on vacation every day. The peaceful trails along the St. Johns River and the resort-style amenities rival the finest
List Price/SqFt: 265.87
Sold Price/SqFt: 265.93

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Interior Features: Breakfast Bar; Eat-in Kitchen; Kitchen Island; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame Patio And Porch Features: Covered; Front Porch; Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Jogging Path; 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: 2022-04-19

Location Tax and Legal

Street Number: 124
Street Name: RIVERWALK
Street Suffix: Boulevard
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2022-06-17T13:41:48Z
Major Change Type: Status Change
Purchase Contract Date: 2022-05-10
Close Date: 2022-06-14
Close Price: 480000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Dining-Living/Dining Combo: Y, Soccer Field(s): Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Utility Room

Documents

Listing Office: HERRON REAL ESTATE LLC

Last Updated: March - 06 - 2026

Information deemed reliable but not guaranteed.