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.

287 RICHMOND Drive, St. Johns, FL 32259 (MLS# 2089287)

287 RICHMOND Drive, St. Johns, FL 32259

$309,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,548 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $309,000 List Date: 5/23/2025 Last Modified: 7/21/2026

Overview

Description

Don't miss this beautifully maintained 3-bedroom, 2.5-bath townhome in the desirable Durbin Crossing community. This spacious home features a well-designed floor plan, ideal for both everyday living and entertaining. Pride of ownership is evident throughout, with clean finishes and thoughtful updates. Residents enjoy access to two exceptional clubhouses offering pools, fitness centers, playgrounds, and more—perfect for relaxation and recreation. Conveniently located near top-rated schools, shopping, and dining.

Listing Details MLS# 2089287

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1548
Living Area Source: Public Records
Year Built: 2017
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 226.74
Association Fee Frequency: Monthly
Association Fee 2: 50
Association Fee 2 Frequency: Annually
Association Name: First Service Residential
Association Phone: 904-733-3334
CDD Fee YN: Yes
CDD Fee Amount: 1527.86
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: From 9B take St Johns Pkwy to community on right. turn right on Richmond Drive.
Public Remarks: Don't miss this beautifully maintained 3-bedroom, 2.5-bath townhome in the desirable Durbin Crossing community. This spacious home features a well-designed floor plan, ideal for both everyday living and entertaining. Pride of ownership is evident throughout, with clean finishes and thoughtful updates. Residents enjoy access to two exceptional clubhouses offering pools, fitness centers, playgrounds, and more—perfect for relaxation and recreation. Conveniently located near top-rated schools, shopping, and dining.
List Price/SqFt: 193.15
Sold Price/SqFt: 199.61

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower Laundry Features: Electric Dryer Hookup; In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available Cooling: Central Air; Electric Heating: Central; Electric; Hot Water Water Source: Public Sewer: Public Sewer Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Additional Parking Current Use: Residential Association Fee Includes: Maintenance Grounds Community Features: Curbs; Sidewalks Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-05-22

Location Tax and Legal

Street Number: 287
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: 2025-07-25T23:49:53Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-09T18:10:35Z
Purchase Contract Date: 2025-06-16
Close Date: 2025-07-16
Close Price: 309000

DPR Eligible

DPR Eligible: No

More Information

Documents

Survey ›

CDD Disc ›

Flood Disclosure ›

Sellers Disclosures ›

Offer Instructions ›

Listing Office: IRON VALLEY REAL ESTATE NORTH FLORIDA

Last Updated: July - 21 - 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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