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.

185 OAK PARK Drive, St. Johns, FL 32259 (MLS# 2056128)

185 OAK PARK Drive, St. Johns, FL 32259

$923,333

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,394 Status: Closed

Current Price: $923,333 List Date: 11/11/2024 Last Modified: 8/03/2026

Overview

Description

RIVER VIEW! This stunning new townhome from Toll Brothers sits majestically on the banks of the St. Johns River and boasts a grand 2-story great room. BOAT SLIP available for lease. Located in the new, exclusive gated community of RiverTown Shores, this home features a gourmet kitchen with white cabinets with soft-close doors and drawers, trash roll-out, lower cabinet pull-outs, quartz countertops, gorgeous wood flooring, wood stairs and open railing. Enjoy stunning sunsets from your covered lanai. 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# 2056128

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2394
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: 2024-11-11
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Take CR 210 to CR 16, turn right at Woodpeckers BBQ, the gated entry is 1/4 mile on the left hand side
Public Remarks: RIVER VIEW! This stunning new townhome from Toll Brothers sits majestically on the banks of the St. Johns River and boasts a grand 2-story great room. BOAT SLIP available for lease. Located in the new, exclusive gated community of RiverTown Shores, this home features a gourmet kitchen with white cabinets with soft-close doors and drawers, trash roll-out, lower cabinet pull-outs, quartz countertops, gorgeous wood flooring, wood stairs and open railing. Enjoy stunning sunsets from your covered lanai. 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: 385.69
Sold Price/SqFt: 385.69

Property Features

Rental Restrictions: 1 Year Appliances: Dishwasher; Gas Range; Microwave; Tankless Water Heater Interior Features: Breakfast Bar; Kitchen Island; Pantry Utilities: Cable Available; Electricity Connected; Sewer Connected Cooling: Central Air; Zoned Heating: Central; Zoned Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: River Current Use: Residential Association Amenities: Community Pool Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Listing Contract Date: 2024-06-29

Location Tax and Legal

Street Number: 185
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: 2024-11-11T20:57:19Z
Major Change Type: Status Change
Purchase Contract Date: 2024-06-29
Close Date: 2024-07-26
Close Price: 923333

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.

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