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.

314 REDWOOD Lane, St. Johns, FL 32259 (MLS# 826219)

314 REDWOOD Lane, St. Johns, FL 32259

$135,000

Julington creek Pool -Concession buildin

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,260 Status: Closed

Current Price: $135,000 List Date: 5/03/2016 Last Modified: 1/18/2026

Overview

Description

Lovely end-unit townhome in excellent condition, located in gated JCP community. Beautiful porcelain tile flooring downstairs, laminate flooring in 2 bedrms downstairs, newer carpet in master bedrm upstairs. Upgraded bath faucets & shower fixtures, hi-rise toilets. Kitchen has newer appliances, including frig., upgraded sink & faucet, 42 in. cabinets & serving bar w/stone accented wall. Special features: Alarm system, 5 ceiling fans, upgraded back door, covered front porch, oversized back patio, great side yard, crown molding & wide baseboards. Please note that the end unit has better lighting with extra window. Monthly fee covers building exterior & regular yard care. 2 parking spaces in front. Washer & dryer excluded from sale. JCP amenities plus Riverside has its own pool & playground.

Listing Details MLS# 826219

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1260
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Association Fee: 122
Association Fee Frequency: Monthly
Association Fee 2: 380
Association Name: Property Mgmt Partne
Association Phone: 460-2785
CDD Fee YN: Yes
CDD Fee Amount: 463
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: South San Jose, cross Julington Creek bridge, left on Racetrack Rd. (east). ''Riverside'' is on the left side just beyond Publix.
Public Remarks: Lovely end-unit townhome in excellent condition, located in gated JCP community. Beautiful porcelain tile flooring downstairs, laminate flooring in 2 bedrms downstairs, newer carpet in master bedrm upstairs. Upgraded bath faucets & shower fixtures, hi-rise toilets. Kitchen has newer appliances, including frig., upgraded sink & faucet, 42 in. cabinets & serving bar w/stone accented wall. Special features: Alarm system, 5 ceiling fans, upgraded back door, covered front porch, oversized back patio, great side yard, crown molding & wide baseboards. Please note that the end unit has better lighting with extra window. Monthly fee covers building exterior & regular yard care. 2 parking spaces in front. Washer & dryer excluded from sale. JCP amenities plus Riverside has its own pool & playground.
List Price/SqFt: 107.06
Sold Price/SqFt: 107.14

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Parking Features: Other Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Playground; Tennis Court(s); Trash Association Fee Includes: Pest Control Possession: Negotiable Listing Terms: Cash; Conventional; FHA

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2016-05-03

Location Tax and Legal

Street Number: 314
Street Name: REDWOOD
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2016-06-29T15:22:46Z
Major Change Type: Status Change
Purchase Contract Date: 2016-05-20
Close Date: 2016-06-10
Close Price: 135000

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Club Amenities-Nature Trails: Y, Football Field(s): Y, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Townhouse: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Call Listing Office, Occupied - Lockbox, Appointment

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Utility Room
Bedroom 1	First	10.30	9.10	Flooring: L
Bedroom 2	First	10.00	10.10	Flooring: L
Living Room	First	13.00	12.00
Dining Room	First	12.00	7.60
Kitchen	First	12.00	11.00
Primary Bedroom	Second	15.10	17.50

Documents

survey ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 18 - 2026

Information deemed reliable but not guaranteed.