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.

243 OLIVETTE Street, St. Johns, FL 32259 (MLS# 2080640)

243 OLIVETTE Street, St. Johns, FL 32259

$645,000

Virtual Tour

https://www.zillow.com/view-imx/50f9edb3-e458-438f-87dd-78bdaadc237d/?utm_source=captureapp

42-web-or-mls-2178 Orange Branch Trail-7

41-web-or-mls-2178 Orange Branch Trail-2

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,229 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $645,000 List Date: 4/09/2025 Last Modified: 4/17/2026

Overview

Description

Charming Craftsman in the Heart of Rivertown Meticulously maintained and full of charm, this Craftsman-style home built by David Weekly in Rivertown offers timeless curb appeal, spacious living, and thoughtful design throughout. At 3,229 sq ft, this 4-bedroom, 3-bath home features engineered hardwood flooring in the main living areas, crown molding, and a flexible layout that includes a formal dining room, French-door office with custom built-ins, and a versatile flex room. The kitchen is both functional and inviting, with a gas range, quartz countertops, pantry, dining island, and a breakfast nook with built-in buffet and desk space. The great room features built-in audio and floor outlets for convenience, while the private upper-level guest suite includes a bonus room, bedroom, and full bath—perfect for extended stays or multi-generational living. The primary suite offers lanai access, tray ceiling, dual sinks, and a spacious walk-in closet. Additional highlights include a drop

Supplements: zone with cubbies, laundry room with sink and storage cabinetry, a 3-car tandem garage, a screened lanai with textured flooring, privacy curtains, ceiling fans, a BBQ gas stub, a new roof (2024), and a whole-home generator. Set in the heart of Rivertown, a master-planned riverfront community with A-rated schools and amenities that include multiple ... (Read more)

Listing Details MLS# 2080640

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3229
Living Area Source: Public Records
Year Built: 2014
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.19
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2705.66
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: State Rd 13N to Riverwalk Blvd, rt on Orange Branch Dr to Olivette
Public Remarks: Charming Craftsman in the Heart of Rivertown Meticulously maintained and full of charm, this Craftsman-style home built by David Weekly in Rivertown offers timeless curb appeal, spacious living, and thoughtful design throughout. At 3,229 sq ft, this 4-bedroom, 3-bath home features engineered hardwood flooring in the main living areas, crown molding, and a flexible layout that includes a formal dining room, French-door office with custom built-ins, and a versatile flex room. The kitchen is both functional and inviting, with a gas range, quartz countertops, pantry, dining island, and a breakfast nook with built-in buffet and desk space. The great room features built-in audio and floor outlets for convenience, while the private upper-level guest suite includes a bonus room, bedroom, and full bath—perfect for extended stays or multi-generational living. The primary suite offers lanai access, tray ceiling, dual sinks, and a spacious walk-in closet. Additional highlights include a drop
List Price/SqFt: 201.3
Sold Price/SqFt: 199.75

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Tankless Water Heater Interior Features: Breakfast Nook; Butler Pantry; Ceiling Fan(s); Guest Suite; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: In Unit; Sink Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Electric: Underground Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Patio And Porch Features: Covered; Front Porch; Patio; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Playground; Tennis Court(s) Community Features: Curbs; Sidewalks Road Frontage Type: City Street Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan