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.

266 OAKMOSS Drive, St. Johns, FL 32259 (MLS# 2091068)

266 OAKMOSS Drive, St. Johns, FL 32259

$518,837

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,744 Status: Closed

Current Price: $518,837 List Date: 6/03/2025 Last Modified: 8/03/2026

Overview

Description

New Construction from Toll Brothers in the coveted private community of Shores at Rivertown.

Listing Details MLS# 2091068

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1744
Living Area Source: Builder
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 112
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2200
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-06-03
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From CR 210, take SR 13 or 16A south, gated entry is just south of south Rivertown roundabout or 1/4 mile north of Woodpeckers
Public Remarks: New Construction from Toll Brothers in the coveted private community of Shores at Rivertown.
List Price/SqFt: 297.5
Sold Price/SqFt: 297.5

Property Features

Architectural Style: Ranch Property Condition: Under Construction Appliances: Convection Oven; Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Tankless Water Heater Interior Features: Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Smart Home Features: Carbon Monoxide Detector; Irrigation; Programmable Thermostat; Smoke Detector Security Features: Security Gate Construction Materials: Fiber Cement; Frame Roof: Shingle Parking Features: Garage View: Protected Preserve Water Body Access Type: Association Current Use: Residential; Single Family Association Amenities: Clubhouse; Dog Park; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Management - Full Time; Park; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds Community Features: Curbs; Gated; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-06-03

Location Tax and Legal

Street Number: 266
Street Name: OAKMOSS
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown Shores

Status Change Information

Major Change Timestamp: 2025-06-12T15:43:56Z
Major Change Type: Status Change
Purchase Contract Date: 2025-06-03
Close Date: 2025-06-06
Close Price: 518837

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: August - 03 - 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.