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.

230 OAK SHADOW Place, St. Johns, FL 32259 (MLS# 1155136)

230 OAK SHADOW Place, St. Johns, FL 32259

$495,019

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,130 Status: Closed

Current Price: $495,019 List Date: 2/23/2022 Last Modified: 8/11/2026

Overview

Description

New construction from Mattamy - Beauclair Crafstman w/ LVP flooring, upgraded shaker cabinets w/ cove molding & new quartz.

Listing Details MLS# 1155136

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2130
Living Area Source: Plans
Year Built: 2022
Lot Size Dimensions: 60' x 130'
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2368
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Directions: I-295 to 9B connector to St Johns Pkwy (cr2209) to Longleaf Pine west to Rivertown.
Public Remarks: New construction from Mattamy - Beauclair Crafstman w/ LVP flooring, upgraded shaker cabinets w/ cove molding & new quartz.
List Price/SqFt: 232.4
Sold Price/SqFt: 232.4

Property Features

Approx Parcel Size: Less than .25 Acre Interior Features: Primary Downstairs Utilities: Cable Connected; Natural Gas Available Cooling: Central Air Heating: Central; Electric Water Source: Public Pool Features: None Parking Features: Attached; Garage Current Use: Residential; Single Family Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-05-08

Location Tax and Legal

Street Number: 230
Street Name: OAK SHADOW
Street Suffix: Place
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2023-11-17T00:59:26Z
Major Change Type: Price Change
Price Change Timestamp: 2022-02-23T23:42:04Z
Purchase Contract Date: 2021-05-08
Close Date: 2022-02-22
Close Price: 495019

Historical Information

Public Historical Remarks 1: Seller May Pay Closing: Y

More Information

Listing Office: RE/MAX UNLIMITED

Last Updated: August - 11 - 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.