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.

2231 ST JOHNS, Jacksonville, FL (MLS# 734086)

2231 ST JOHNS, Jacksonville, FL

$458,500

Virtual Tour

http://fusion.realtourvision.com/idx/860662

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,150 Status: Closed

Current Price: $458,500 List Date: 8/26/2014 Last Modified: 10/23/2026

Overview

Description

Superb renovation in the St Johns Quarter Historic District in the heart of Riverside. Sellers took this property down to the studs then re-built with top quality materials and attention to all the details. Solid oak floors, tall ceilings, crown moldings, everything you would expect in this gracious and elegant home. Easy walk to everything from this surprisingly quiet location. Home features a beautiful and well equipped kitchen, super Master suite, and a 3rd floor finished walk-up that serves as you please, guest room/office/bonus space. Fully insulated with spray foam insulation in all exterior walls. Intimate and lovely private rear courtyard plus a two car garage. If you are looking for the perfect combination of historic style and modern living, this is the one.

Listing Details MLS# 734086

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2150
Living Area Source: Plans
Year Built: 1919
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 3
Directions: From Margaret St and Riverside Ave, head towards St Vincents Medical Center. Turn left onto Osceola, then left onto St Johns Ave. House on the left.
Public Remarks: Superb renovation in the St Johns Quarter Historic District in the heart of Riverside. Sellers took this property down to the studs then re-built with top quality materials and attention to all the details. Solid oak floors, tall ceilings, crown moldings, everything you would expect in this gracious and elegant home. Easy walk to everything from this surprisingly quiet location. Home features a beautiful and well equipped kitchen, super Master suite, and a 3rd floor finished walk-up that serves as you please, guest room/office/bonus space. Fully insulated with spray foam insulation in all exterior walls. Intimate and lovely private rear courtyard plus a two car garage. If you are looking for the perfect combination of historic style and modern living, this is the one.
List Price/SqFt: 232.09
Sold Price/SqFt: 213.26

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dryer; Gas Range; Gas Water Heater; Washer Interior Features: Entrance Foyer; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Wood Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Construction Materials: Frame; Other Pool Features: None Roof: Shingle Lot Features: Historic Area Fencing: Back Yard Current Use: Residential 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: 2014-08-26

Location Tax and Legal

Street Number: 2231
Street Name: ST JOHNS
County: Duval
State: FL
MLS Area Major: 031-Riverside
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2014-10-31T20:51:26Z
Major Change Type: Status Change
Purchase Contract Date: 2014-10-31
Close Date: 2014-10-31
Close Price: 458500

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y, Brick Fireplace: Y, City Lot Location: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Back-Ups Accepted, Call Listing Agent, Listing Agent Must Accompany, Occupied

Room Information

Room Name
Living Room

Documents

Renovation details ›

LBP ›

Listing Office: INI REALTY

Last Updated: October - 23 - 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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