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.

263 RICHMOND Drive, St. Johns, FL 32259 (MLS# 1254485)

263 RICHMOND Drive, St. Johns, FL 32259

$360,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,694 Status: Closed

Current Price: $360,000 List Date: 10/25/2023 Last Modified: 7/17/2026

Overview

Description

Prepare to be captivated by this extraordinary 3beds/2.5bath corner townhome now on the market! Situated on one of the neighborhood's largest lots, it offers more than just a home; it's a slice of paradise with breathtaking nature preserves, serene lake views, and panoramic vistas. Inside, luxury and comfort seamlessly blend with high-end finishes and top-of-the-line appliances, including a water softener, UV light system for the air conditioning, and a water heater with a recirculating pump. This townhome boasts one of the largest floor plans in the neighborhood, providing abundant space for living and entertaining.

Supplements: But it's not just about the home; it's the Durbin Crossing lifestyle. Surrounded by nature preserves and picturesque panoramas, this community offers two amenity centers, A-rated schools, and easy access to shopping areas, downtown Jacksonville, and more!

Listing Details MLS# 1254485

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1694
Living Area Source: Public Records
Year Built: 2016
Lot Size Dimensions: 34x174
Association YN: Yes
Association Fee: 199
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1420
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From FL 9B-S, left on St Johns Parkway, Right on Richmond Drive. Townhome is on the right.
Public Remarks: Prepare to be captivated by this extraordinary 3beds/2.5bath corner townhome now on the market! Situated on one of the neighborhood's largest lots, it offers more than just a home; it's a slice of paradise with breathtaking nature preserves, serene lake views, and panoramic vistas. Inside, luxury and comfort seamlessly blend with high-end finishes and top-of-the-line appliances, including a water softener, UV light system for the air conditioning, and a water heater with a recirculating pump. This townhome boasts one of the largest floor plans in the neighborhood, providing abundant space for living and entertaining.
List Price/SqFt: 215.47
Sold Price/SqFt: 212.51

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Contemporary Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Kitchen Island; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Frame; Stucco Patio And Porch Features: Patio; Porch; Screened Roof: Shingle Parking Features: Additional Parking Lot Features: Wooded View: Protected Preserve Waterfront Features: Lake Front Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Maintenance Grounds; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2023-10-25
Unit Type: End Unit

Location Tax and Legal

Street Number: 263
Street Name: RICHMOND
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2023-12-14T15:34:23Z
Major Change Type: Status Change
Price Change Timestamp: 2023-11-04T17:32:35Z
Purchase Contract Date: 2023-11-09
Close Date: 2023-12-13
Close Price: 360000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Club Amenities-Nature Trails: Y
Public Historical Remarks 2: Landscape Lighting: Y, Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Utility Room

Documents

Sellers Property Disclosure ›

Offer Instructions ›

Listing Office: UP REAL ESTATE

Last Updated: July - 17 - 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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