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.

160 BLACKWATER Way, St. Johns, FL 32259 (MLS# 2139552)

160 BLACKWATER Way, St. Johns, FL 32259

$450,000

Virtual Tour

https://www.zillow.com/view-imx/c1072420-c622-40f6-9715-52c938938c13?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,761 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $450,000 List Date: 4/14/2026 Last Modified: 7/22/2026

Overview

Description

Welcome to 160 Blackwater Way in sought-after RiverTown! Tucked away on a quiet cul-de-sac, this beautifully maintained 3-bedroom, 2-bath home with a versatile flex space (perfect for a home office, playroom, or gym) offers the ideal blend of comfort, functionality, and Florida lifestyle. Step inside to NO carpet--luxury vinyl plank flooring throughout--creating a seamless, modern feel. The open living space flows effortlessly into a well-appointed kitchen featuring a custom tile backsplash, 5-burner gas cooktop, and all appliances included (yes--washer, dryer, and refrigerator too!). Even better, natural gas is already piped to the home, offering energy efficiency and powering a tankless water heater--so you'll never run out of hot water again. The owner's suite is a true retreat with a soaking tub, walk-in shower, and spacious layout, while the ''stop & drop'' laundry room adds everyday convenience and includes both electric and gas hookups for flexible dryer options.

Supplements: Outside is where this home really shines--enjoy year-round outdoor living in your 24' X 24' screened-in paver patio with gas stub for your grill, all within a fully fenced vinyl privacy yard. You'll also love the charming covered front porch with pavers, the perfect spot to unwind and catch those stunning St. Johns River sunsets. Additional upgrad ... (Read more)

Listing Details MLS# 2139552

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1761
Living Area Source: Appraiser
Year Built: 2017
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: RiverTown c/o Floridian Property Management
Association Phone: 904-592-4090
CDD Fee YN: Yes
CDD Fee Amount: 2747.51
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From State Road 13 S. Enter 2nd Roundabout at RiverTown (First Roundabout is entrance to Hollows Cove Academy). LEFT at STOP Sign onto Kendall Crossing. LEFT onto Perdido Street. RIGHT onto Perdido Street. LEFT onto Blackwater Way. House on RIGHT.
Public Remarks: Welcome to 160 Blackwater Way in sought-after RiverTown! Tucked away on a quiet cul-de-sac, this beautifully maintained 3-bedroom, 2-bath home with a versatile flex space (perfect for a home office, playroom, or gym) offers the ideal blend of comfort, functionality, and Florida lifestyle. Step inside to NO carpet--luxury vinyl plank flooring throughout--creating a seamless, modern feel. The open living space flows effortlessly into a well-appointed kitchen featuring a custom tile backsplash, 5-burner gas cooktop, and all appliances included (yes--washer, dryer, and refrigerator too!). Even better, natural gas is already piped to the home, offering energy efficiency and powering a tankless water heater--so you'll never run out of hot water again. The owner's suite is a true retreat with a soaking tub, walk-in shower, and spacious layout, while the ''stop & drop'' laundry room adds everyday convenience and includes both electric and gas hookups for flexible dryer options.
List Price/SqFt: 255.54
Sold Price/SqFt: 255.54

Property Features

Architectural Style: Craftsman Levels: One Rental Restrictions: 7 Months Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Oven; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Ceiling Fan(s); Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac Water Body Access Type: Community Fencing: Back Yard; Full; Privacy; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Fishing; Restaurant; Sidewalks; Street Lights; Suburban Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Home Sale; Inspection