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.

208 FELLS Cove, St. Johns, FL 32259 (MLS# 2137748)

208 FELLS Cove, St. Johns, FL 32259

$1,375,000

Virtual Tour

https://www.viewshoot.com/tour/MLS/208FellsCove_StJohns_FL_32259_1691_432107.html

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,545 Lot Size (sq. ft.): 23,087 Status: Closed

Current Price: $1,375,000 List Date: 4/01/2026 Last Modified: 6/03/2026

Overview

Description

Welcome home to this fully custom residence in the GATED, RIVERFRONT COMMUNITY of Riverside of Rivertown, beautifully situated on a .53-ACRE ESTATE LOT. This professionally designed, SINGLE-LEVEL floor plan offers four private bedroom suites, a dedicated study, and three and a half baths, all enhanced by exceptional DESIGNER FEATURES such as custom built-ins, specialty lighting, French doors, hardwood flooring throughout, quartz countertops, extensive trim work, custom moldings, and coffered ceilings. The elegant living spaces include a butler's pantry, an Isokern gas fireplace with a striking wood mantle, a stop-and-drop center, and a spacious laundry/mudroom. The CHEF'S KITCHEN is a true showpiece, featuring stainless Viking appliances with a gas range top, crisp white cabinetry with lighted glass uppers and deep drawer storage, quartz countertops and backsplash, a coffee bar, beverage center, inviting breakfast nook, and a glass pocket door leading to the walk-in pantry.

Supplements: The PRIVATE OWNER'S WING offers a serene retreat with a spa-inspired bath complete with custom cabinetry, a glass-enclosed shower, soaking tub, dual walk-in closets, a dressing area, and a tray ceiling. Exterior highlights include dual-facing 4-PLUS-CAR GARAGES with workshop area, extensive custom cabinetry, epoxy floors, and double attic storage, ... (Read more)

Listing Details MLS# 2137748

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3545
Living Area Source: Appraiser
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.53
Lot Size Dimensions: 110 x 192.7 x 30.78 x 86.17 x 213.07
Association YN: Yes
Association Fee: 2399
Association Fee Frequency: Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 4.5
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: S SR 13 to RIVERSIDE at Rivertown: Approx 9 mi S of the Julington creek bridge. RIVERSIDE is on the right after the school and before you reach the first round about in Rivertown. (R) on Back Cove (L) Fells Cove
Public Remarks: Welcome home to this fully custom residence in the GATED, RIVERFRONT COMMUNITY of Riverside of Rivertown, beautifully situated on a .53-ACRE ESTATE LOT. This professionally designed, SINGLE-LEVEL floor plan offers four private bedroom suites, a dedicated study, and three and a half baths, all enhanced by exceptional DESIGNER FEATURES such as custom built-ins, specialty lighting, French doors, hardwood flooring throughout, quartz countertops, extensive trim work, custom moldings, and coffered ceilings. The elegant living spaces include a butler's pantry, an Isokern gas fireplace with a striking wood mantle, a stop-and-drop center, and a spacious laundry/mudroom. The CHEF'S KITCHEN is a true showpiece, featuring stainless Viking appliances with a gas range top, crisp white cabinetry with lighted glass uppers and deep drawer storage, quartz countertops and backsplash, a coffee bar, beverage center, inviting breakfast nook, and a glass pocket door leading to the walk-in pantry.
List Price/SqFt: 393.51
Sold Price/SqFt: 387.87

Property Features

Architectural Style: Ranch; Traditional Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned; Wine Cooler Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Sink Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Closed Circuit Camera(s); Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Composition Siding Patio And Porch Features: Front Porch; Patio; Screened Roof: Shingle Parking Features: Circular Driveway; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Dead End Street; Wetlands; Wooded View: Protected Preserve; Trees/Woods Current Use: Residential; Single Family Community Features: Gated Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan