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.

272 OLIVETTE Street, St. Johns, FL 32259 (MLS# 1072590)

272 OLIVETTE Street, St. Johns, FL 32259

$459,000

Virtual Tour

https://www.homesandland.com/UnbrandedVirtualTour/?66786412&VirtualTourId=7667022

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,982 Status: Closed

Current Price: $459,000 List Date: 9/10/2020 Last Modified: 3/02/2026

Overview

Description

What's better than living in the highly desirable neighborhood of Rivertown? Living in Rivertown and having your very own salt water pool and spa! This gorgeous, well maintained, David Weekley home offers almost 3000 sq feet of living space and 4 bedrooms each with a private bath. This open concept floor plan has soaring ceilings, large family/kitchen combo complete with a massive kitchen island that has seating for 5, stainless-steel appliances and a gas range. Tiled flooring throughout main floor with carpet only found in the bedrooms. Owners suite has an oversized walk in tiled shower, dual vanities and walk in closet with ample storage. Upstairs you'll find a loft, 4th bedroom, bath and additional storage. Outside you'll find a private retreat perfect for

Supplements: entertaining with the screened lanai overlooking the salt water pool, spa and wooded preserve lot. It doesn't get much better than this! Schedule your private tour today to see what all this home has to offer.

Listing Details MLS# 1072590

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2982
Living Area Source: Public Records
Year Built: 2013
Association YN: Yes
Association Fee: 55
Association Fee Frequency: Annually
Association Name: Floridian Property
Association Phone: 904-592-4090
CDD Fee YN: Yes
CDD Fee Amount: 2246.79
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Mandarin: Take San Jose Blvd S towards St Johns. Take the 2nd exit at the traffic circle onto Rivertown Blvd. Turn Right at Kendall Crossing Dr. Left at Orange Branch Trl. Left at Olivette St.
Public Remarks: What's better than living in the highly desirable neighborhood of Rivertown? Living in Rivertown and having your very own salt water pool and spa! This gorgeous, well maintained, David Weekley home offers almost 3000 sq feet of living space and 4 bedrooms each with a private bath. This open concept floor plan has soaring ceilings, large family/kitchen combo complete with a massive kitchen island that has seating for 5, stainless-steel appliances and a gas range. Tiled flooring throughout main floor with carpet only found in the bedrooms. Owners suite has an oversized walk in tiled shower, dual vanities and walk in closet with ample storage. Upstairs you'll find a loft, 4th bedroom, bath and additional storage. Outside you'll find a private retreat perfect for
List Price/SqFt: 153.92
Sold Price/SqFt: 153.92

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Other Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Bar; Built-in Features; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Connected; Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Front Porch; Patio; Porch; Screened Pool Features: In Ground; Pool Sweep Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Vinyl Current Use: Residential Association Amenities: Basketball Court; Boat Dock; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-09-10

Location Tax and Legal

Street Number: 272
Street Name: OLIVETTE
Street Suffix: Street
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2020-10-16T18:12:06Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-21
Close Date: 2020-10-16
Close Price: 459000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Utilities-Separate Irrigation Meter: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: David Weekley, Aluminum Fencing: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-Picture Window(s): Y, Structure Slab: Y

More Information

Room Information

Room Name
Living Room
Office
Loft
Utility Room

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: March - 02 - 2026

Information deemed reliable but not guaranteed.