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.

320 TOLLERTON Avenue, St. Johns, FL 32259 (MLS# 2126892)

320 TOLLERTON Avenue, St. Johns, FL 32259

$470,000

Virtual Tour

https://www.zillow.com/view-imx/2facab8e-ea79-4520-9aec-740a71ed144f?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,892 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $470,000 List Date: 1/26/2026 Last Modified: 3/13/2026

Overview

Description

From the moment you pull up to this corner-lot home with a huge yard, it just feels like a place where life happens comfortably. There's room to spread out, breathe, and actually enjoy being home, whether that's hosting friends, working remotely, or relaxing after a long day. Step inside and you're welcomed by 11-foot ceilings, crown moulding, and tons of natural light from the many windows throughout the home. The front room with French doors is one of those spaces you instantly start planning for, a home office, formal dining room, or even a quiet retreat when you need it. The heart of the home is the kitchen, and it's both beautiful and practical. White 42'' cabinets, granite countertops, a large pantry, extra large sink, stylish backsplash, and a new convection oven (2025) make this a space you'll actually want to cook in. Add in lots of outlets, LED lighting, and thoughtful storage, and it's clear this kitchen

Supplements: was designed for real life, not just looks. The open layout flows effortlessly with LVP flooring throughout the entire home, upgraded lighting, and wood blinds adding warmth and polish. The custom laundry room is oversized and smartly designed, it's one of those everyday conveniences that quickly becomes a favorite feature. The primary suite is a ... (Read more)

Listing Details MLS# 2126892

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2250
Living Area Source: Appraiser
Building Area Total: 2892
Year Built: 2015
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.23
Association YN: Yes
Association Fee: 67
Association Fee Frequency: Annually
Association Name: Durbin Crossing c/o Florida Property Management
Association Phone: 904-592-4090
CDD Fee YN: Yes
CDD Fee Amount: 2536.41
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: South
Directions: From I-95 South, take Exit 329 for CR 210 West. Turn right onto CR 210 and continue west. Turn left onto St. Johns Parkway. Turn right into Durbin Crossing. Continue straight, then turn left onto Tollerton Ave, continue to corner of Tollerton & N Torwood, home is on the left.
Public Remarks: From the moment you pull up to this corner-lot home with a huge yard, it just feels like a place where life happens comfortably. There's room to spread out, breathe, and actually enjoy being home, whether that's hosting friends, working remotely, or relaxing after a long day. Step inside and you're welcomed by 11-foot ceilings, crown moulding, and tons of natural light from the many windows throughout the home. The front room with French doors is one of those spaces you instantly start planning for, a home office, formal dining room, or even a quiet retreat when you need it. The heart of the home is the kitchen, and it's both beautiful and practical. White 42'' cabinets, granite countertops, a large pantry, extra large sink, stylish backsplash, and a new convection oven (2025) make this a space you'll actually want to cook in. Add in lots of outlets, LED lighting, and thoughtful storage, and it's clear this kitchen
List Price/SqFt: 208.89
Sold Price/SqFt: 208.89

Property Features

Architectural Style: Traditional Levels: One Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Locks Green Energy Efficient: Windows Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Fitness Center; Jogging Path; Park; Playground; Tennis Court(s); Other Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection