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.

151 OAK PARK Drive, St. Johns, FL 32259 (MLS# 2049708)

151 OAK PARK Drive, St. Johns, FL 32259

$759,958

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,000 Status: Closed

Current Price: $759,958 List Date: 9/29/2024 Last Modified: 8/03/2026

Overview

Description

Fantastic Toll Brothers townhome on the banks of the St Johns River. Sensational views. Boat slips available for lease.

Listing Details MLS# 2049708

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2000
Living Area Source: Builder
Year Built: 2024
Association YN: Yes
Association Fee: 325
Association Fee Frequency: Monthly
Association Fee 2: 1000
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 800
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2024-09-20
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: From 210, take CR 16 to SR 13, turn right at Woodpeckers, gated entry is 1/4 mile on the left, from Racetrack Ed take SR 13 south, go through both Rivertown roundabouts, gated entry is next right
Public Remarks: Fantastic Toll Brothers townhome on the banks of the St Johns River. Sensational views. Boat slips available for lease.
List Price/SqFt: 379.98
Sold Price/SqFt: 379.98

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Under Construction Rental Restrictions: 1 Year Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Gas Cooktop; Gas Water Heater; Tankless Water Heater Interior Features: Breakfast Bar; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Lower Level Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Zoned Heating: Central; Electric; Heat Pump; Zoned Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Fire Sprinkler System; Firewall(s); Security Gate; Smoke Detector(s) Construction Materials: Composition Siding Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener View: River Current Use: Residential Association Amenities: Boat Slip; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Park; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security; Water Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Other Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2024-09-23

Location Tax and Legal

Street Number: 151
Street Name: OAK PARK
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: 2024-09-29T16:32:02Z
Major Change Type: Status Change
Purchase Contract Date: 2024-09-27
Close Date: 2024-09-27
Close Price: 759958

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: August - 03 - 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.