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.

184 OLIVETTE Street, St. Johns, FL 32259 (MLS# 1074812)

184 OLIVETTE Street, St. Johns, FL 32259

$435,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,934 Status: Closed

Current Price: $435,000 List Date: 11/03/2020 Last Modified: 1/18/2026

Overview

Description

You can hear the St. Johns River calling your name. Rivertown, situated off the banks of the St. Johns River in Saint Johns, FL, is one of the area's most desirable communities. 184 Olivette St, sits on over .30a of prime preserve real estate, with room for the entire family. The main level of the home features all tile floors, with a huge custom kitchen that overlooks the family room and back yard preserve, perfect for entertaining or spending time with the family. The primary bedroom and three additional bedrooms occupy the main level of the home. Solid surface countertops, stainless steel appliances, 42-inch cabinets, and a huge center island in the kitchen with tons of extra storage are exactly what you have been looking for. (See More Tab)

Supplements: You will enjoy spending your evenings after a long day at work in the privacy of your back-yard oasis. The 2nd level of the home features a large bonus room, a perfect area for a pool table or additional play area for the kids. This floor also features the 5th bedroom with its own full bath. The primary bedroom has two huge walk-In closets, double ... (Read more)

Listing Details MLS# 1074812

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2934
Living Area Source: Public Records
Year Built: 2012
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
Association Name: Rivertown
CDD Fee YN: Yes
CDD Fee Amount: 2250.6
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: South on SR 13, Take Rivertown Blvd, Right on Kendall Crossing, Left on Riverwalk Blvd,Left on Orange branch trl, Right on Water front Drive, Left on Olivette St. Home will be on the right.
Public Remarks: You can hear the St. Johns River calling your name. Rivertown, situated off the banks of the St. Johns River in Saint Johns, FL, is one of the area's most desirable communities. 184 Olivette St, sits on over .30a of prime preserve real estate, with room for the entire family. The main level of the home features all tile floors, with a huge custom kitchen that overlooks the family room and back yard preserve, perfect for entertaining or spending time with the family. The primary bedroom and three additional bedrooms occupy the main level of the home. Solid surface countertops, stainless steel appliances, 42-inch cabinets, and a huge center island in the kitchen with tons of extra storage are exactly what you have been looking for. (See More Tab)
List Price/SqFt: 153.37
Sold Price/SqFt: 148.26

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Interior Features: Central Vacuum; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Natural Gas Available; Other Cooling: Central Air; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Concrete; Frame Patio And Porch Features: Front Porch; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Basketball Court; Boat Dock; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Security; Tennis Court(s) 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: 2020-09-25

Location Tax and Legal

Street Number: 184
Street Name: OLIVETTE
Street Suffix: Street
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2021-01-11T21:19:07Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-01
Close Date: 2021-01-05
Close Price: 435000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Football Field(s): Y, Interior Amenities-Tinted Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Fenced Partial: Y
Public Historical Remarks 3: Intermediate School: Other

More Information

Room Information

Room Name
Family Room
Office

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: January - 18 - 2026

Information deemed reliable but not guaranteed.