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.

167 HARROW Cove, St. Johns, FL 32259 (MLS# 2133369)

167 HARROW Cove, St. Johns, FL 32259

$270,990

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,289 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $270,990 List Date: 3/05/2026 Last Modified: 3/05/2026

Overview

Description

MLS entry for comp purposes only. End Unit

Listing Details MLS# 2133369

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1289
Living Area Source: Builder
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.06
Association YN: Yes
Association Fee: 514
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1172
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2026-02-18
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: Head south on I-95 S. Use the right 2 lanes to take exit 329 for Cnty Rd 210 toward Ponte Vedra Bch/Green Cove Spgs. Use the right 3 lanes to turn right onto County Rd 210 W. Turn left to stay on County Rd 210 W. Turn right onto Longleaf Pkwy. Turn left onto Harrow Cv.
Public Remarks: MLS entry for comp purposes only. End Unit
List Price/SqFt: 210.23
Sold Price/SqFt: 210.23

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked Interior Features: Breakfast Bar; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Laminate Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Parking Features: Additional Parking Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-07-10

Location Tax and Legal

Street Number: 167
Street Name: HARROW
Street Suffix: Cove
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown - The Meadows

Status Change Information

Major Change Timestamp: 2026-03-05T20:40:02Z
Major Change Type: Status Change
Purchase Contract Date: 2025-07-10
Close Date: 2026-02-18
Close Price: 270990

DPR Eligible

DPR Eligible: No

More Information

Listing Office: NON MLS (realMLS)

Last Updated: March - 05 - 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.