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.

206 OAK SHADOW Place, St. Johns, FL 32259 (MLS# 2139706)

206 OAK SHADOW Place, St. Johns, FL 32259

$650,000

Virtual Tour

https://www.zillow.com/view-imx/c2838be5-30ae-48a8-9cf4-d5d1c0d1ea09?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,996 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $650,000 List Date: 4/16/2026 Last Modified: 6/03/2026

Overview

Description

Welcome to 206 Oak Shadow Place, a beautifully appointed 5-bedroom, 3.5-bath home located in the highly sought-after RiverTown community. This move-in ready home offers a thoughtful layout and stylish upgrades throughout. From the charming front porch, step inside to find a private office with French doors just off the foyer, along with a formal dining room that flows seamlessly into the butler's pantry and spacious kitchen. The kitchen is the heart of the home, featuring quartz countertops, white cabinetry, stainless steel appliances, a large island overlooking the family room, and a cozy breakfast nook with views of the backyard. The first floor also includes a guest bedroom and full bath, perfect for visitors or multi-generational living. Upstairs, you'll find a versatile loft space, three generously sized secondary bedrooms, and a full bath with double vanities.

Supplements: The owner's suite is a true retreat, complete with a tray ceiling, spa-like bath featuring a super shower, double vanity, and a large walk-in closet. Additional highlights include upgraded lighting fixtures, a screened covered lanai, and a spacious backyard with plenty of room for a pool, play area, or garden. A pavered walkway along the side of t ... (Read more)

Listing Details MLS# 2139706

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2996
Living Area Source: Public Records
Year Built: 2021
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.17
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 3027.67
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: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: Longleaf Pine Parkway, to Rivertown Main Street. Turn right at the traffic circle. Go 0.2 miles and turn right on Fawnwood St., to right on Oak Shadow Place to home on right.
Public Remarks: Welcome to 206 Oak Shadow Place, a beautifully appointed 5-bedroom, 3.5-bath home located in the highly sought-after RiverTown community. This move-in ready home offers a thoughtful layout and stylish upgrades throughout. From the charming front porch, step inside to find a private office with French doors just off the foyer, along with a formal dining room that flows seamlessly into the butler's pantry and spacious kitchen. The kitchen is the heart of the home, featuring quartz countertops, white cabinetry, stainless steel appliances, a large island overlooking the family room, and a cozy breakfast nook with views of the backyard. The first floor also includes a guest bedroom and full bath, perfect for visitors or multi-generational living. Upstairs, you'll find a versatile loft space, three generously sized secondary bedrooms, and a full bath with double vanities.
List Price/SqFt: 216.96
Sold Price/SqFt: 216.96

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Oven; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Interior Features: Breakfast Bar; Breakfast Nook; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; In-Law Floorplan; Open Floorplan; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Laminate Laundry Features: Electric Dryer Hookup; In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Smoke Detector(s) Construction Materials: Fiber Cement Patio And Porch Features: Front Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached Fencing: Back Yard; Privacy; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s) Community Features: Curbs; Restaurant; Sidewalks; Street Lights Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: First Right Of Refusal; Home Sale