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.

173 OAK PARK Drive, St. Johns, FL 32259 (MLS# 2023811)

173 OAK PARK Drive, St. Johns, FL 32259

$796,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,261 Status: Closed

Current Price: $796,000 List Date: 5/03/2024 Last Modified: 8/03/2026

Overview

Description

RIVERFRONT VIEW! This stunning new townhome from Toll Brothers sits on the banks of the majestic St. Johns River. Located in the new, exclusive gated community of The Shores at RiverTown, this beautifully crafted home offers 2,261 square-feet, 3 bedrooms, and 2 and a half baths. This home features a STUNNING kitchen with contemporary cabinets, quartz countertops and gourmet Jennair appliances. Head upstairs to find an oversized loft and two secondary bedrooms. Enjoy the stunning sunsets and views of the St. Johns River from the balcony in your secluded primary suite. Discover what luxury living truly means and schedule a tour of this beautiful home. As part of RiverTown, residents will enjoy the extensive, resort-style amenities, including pools, water slides, lazy river, kayak lagoon, tennis courts, basketball courts, dog parks, sports parks, and miles and miles of trails. The River Club is easily accessible via our exclusive gated golf cart path. Come enjoy the river life!

Listing Details MLS# 2023811

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2261
Living Area Source: Builder
Year Built: 2024
Association YN: Yes
Association Fee: 325
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 800
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2024-06-29
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
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: Take CR 210 to CR 16, turn right onto SR 13 at Woodpeckers BBQ, the gated entry is 1/4 mile on the left.
Public Remarks: RIVERFRONT VIEW! This stunning new townhome from Toll Brothers sits on the banks of the majestic St. Johns River. Located in the new, exclusive gated community of The Shores at RiverTown, this beautifully crafted home offers 2,261 square-feet, 3 bedrooms, and 2 and a half baths. This home features a STUNNING kitchen with contemporary cabinets, quartz countertops and gourmet Jennair appliances. Head upstairs to find an oversized loft and two secondary bedrooms. Enjoy the stunning sunsets and views of the St. Johns River from the balcony in your secluded primary suite. Discover what luxury living truly means and schedule a tour of this beautiful home. As part of RiverTown, residents will enjoy the extensive, resort-style amenities, including pools, water slides, lazy river, kayak lagoon, tennis courts, basketball courts, dog parks, sports parks, and miles and miles of trails. The River Club is easily accessible via our exclusive gated golf cart path. Come enjoy the river life!
List Price/SqFt: 364.88
Sold Price/SqFt: 352.06

Property Features

Architectural Style: Contemporary Levels: Two Property Condition: Under Construction Rental Restrictions: 1 Year Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Gas Cooktop; Microwave; Tankless Water Heater Interior Features: Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Sink; Upper Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Split System; Zoned Heating: Central; Electric; Zoned Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Firewall(s); Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Fiber Cement Exterior Features: Balcony Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: River Current Use: Residential Association Amenities: Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Management - Full Time; Park; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Listing Contract Date: 2024-05-03

Location Tax and Legal

Street Number: 173
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: 2025-02-01T21:38:31Z
Major Change Type: Status Change
Purchase Contract Date: 2024-06-02
Close Date: 2024-09-17
Close Price: 796000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: August - 03 - 2026

Information deemed reliable but not guaranteed.