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.

347 REDWOOD Lane, St. Johns, FL 32259 (MLS# 2147307)

347 REDWOOD Lane, St. Johns, FL 32259

$205,000

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,008 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $205,000 List Date: 5/27/2026 Last Modified: 8/04/2026

Overview

Description

Move in ready townhouse located in the highly desirable Julington Creek Plantation community! This well-maintained home features brand new appliances including range/oven, microwave, dishwasher, and refrigerator, along with a newly paved driveway and brand-new smoke detectors. The AC and roof were replaced in 2021, and the water heater was replaced in 2018. The home is filled with bright natural light and enjoys a pleasant breeze thanks to its desirable location. Relax and unwind with a peaceful pond view from the back of the property. The spacious driveway offers room to park two cars outside the townhouse. The Riverside subdivision features its own community pool and kids' playground, while residents also enjoy access to the incredible Julington Creek Plantation amenities, including resort style pools, fitness center, sports courts, playgrounds, and the new JCP aquatic center, Tide Club. Conveniently located near shopping, dining, and top-rated St. Johns County schools.

Listing Details MLS# 2147307

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1008
Living Area Source: Public Records
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 288.2
Association Fee Frequency: Monthly
Association Fee 2: 580
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 884.06
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From SR 13: Head East on Racetrack Road; Entrance to Riverside is on Northern side of Racetrack, about 1/8 mile East of Flora Branch. Through gate, then immediate Left, 1st Right on Redwood and home is down on the Left hand side.
Public Remarks: Move in ready townhouse located in the highly desirable Julington Creek Plantation community! This well-maintained home features brand new appliances including range/oven, microwave, dishwasher, and refrigerator, along with a newly paved driveway and brand-new smoke detectors. The AC and roof were replaced in 2021, and the water heater was replaced in 2018. The home is filled with bright natural light and enjoys a pleasant breeze thanks to its desirable location. Relax and unwind with a peaceful pond view from the back of the property. The spacious driveway offers room to park two cars outside the townhouse. The Riverside subdivision features its own community pool and kids' playground, while residents also enjoy access to the incredible Julington Creek Plantation amenities, including resort style pools, fitness center, sports courts, playgrounds, and the new JCP aquatic center, Tide Club. Conveniently located near shopping, dining, and top-rated St. Johns County schools.
List Price/SqFt: 203.37
Sold Price/SqFt: 203.37

Property Features

Architectural Style: Contemporary Levels: One Property Condition: Fixer Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Pantry; Walk-In Closet(s) Flooring: Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Patio Roof: Shingle Parking Features: Assigned View: Pond Current Use: Residential Association Amenities: Community Pool; Playground Community Features: Gated Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan