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.

38 SLIP Cove, St. Johns, FL 32259 (MLS# 2171828)

38 SLIP Cove, St. Johns, FL 32259

New Listing

$748,000

Model home photos shown. Actual home under construction; finishes and features may vary.

Shores at RiverTown-Riverview_Lark_Outdo

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,394 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $748,000 List Date: 11/01/2026 Last Modified: 11/01/2026

Overview

Description

Welcome to the Lark by Toll Brothers, where riverfront serenity meets modern luxury. Enjoy expansive sunset views over the St. Johns River from this stunning home. The main level features a versatile flex room, ideal for a home office, reading nook, or creative retreat. The chef-inspired kitchen offers JennAir stainless steel appliances, sophisticated finishes, and a generous walk-in pantry, perfect for family meals and entertaining. Upstairs, an extended loft, chosen in place of the two-story entry, adds valuable living space for a media room, game room, or playroom. The primary suite offers a spa-like bath and a private balcony with panoramic river views, ideal for morning coffee. Listed price is the base price and does not include Design Studio options. Buyer still has limited time to personalize countertops, cabinets, flooring, and fixtures. Schedule your private tour of the Lark today!

Listing Details MLS# 2171828

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2394
Living Area Source: Builder
Year Built: 2027
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.09
Association YN: Yes
Association Fee: 315
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2175
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2027-07-01
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Mandarin and Greenbriar Rd, take SR 13 south, go through both Rivertown roundabouts, then gated entry is on the right, from 210/16A, turn right onto SR 13 at Woodpeckers, gated entry is 1/4 mile on the left
Public Remarks: Welcome to the Lark by Toll Brothers, where riverfront serenity meets modern luxury. Enjoy expansive sunset views over the St. Johns River from this stunning home. The main level features a versatile flex room, ideal for a home office, reading nook, or creative retreat. The chef-inspired kitchen offers JennAir stainless steel appliances, sophisticated finishes, and a generous walk-in pantry, perfect for family meals and entertaining. Upstairs, an extended loft, chosen in place of the two-story entry, adds valuable living space for a media room, game room, or playroom. The primary suite offers a spa-like bath and a private balcony with panoramic river views, ideal for morning coffee. Listed price is the base price and does not include Design Studio options. Buyer still has limited time to personalize countertops, cabinets, flooring, and fixtures. Schedule your private tour of the Lark today!
List Price/SqFt: 312.45

Property Features

Architectural Style: Contemporary; Craftsman; Traditional Levels: Two Property Condition: Under Construction Rental Restrictions: 1 Year; No Lease 1st Year Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Home; Smart Thermostat; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Upper Level; Washer Hookup Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Split System; Zoned Heating: Central; Electric; Zoned Electric: 220 Volts Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Firewall(s); Security Gate; Smoke Detector(s) Construction Materials: Composition Siding; Fiber Cement; Frame Exterior Features: Balcony Patio And Porch Features: Covered; Deck; Patio Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Many Trees; Sprinklers In Front; Sprinklers In Rear; Wooded View: Pond; River; Trees/Woods Current Use: Residential Association Amenities: Boat Slip; Gated; Jogging Path; Maintenance Grounds; Other Community Features: Curbs; Gated; Restaurant; Sidewalks; Street Lights Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-10-31

Location Tax and Legal

Street Number: 38
Street Name: SLIP
Street Suffix: Cove
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown Shores

Status Change Information

Major Change Timestamp: 2026-11-01T18:08:39Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: November - 01 - 2026

Information deemed reliable but not guaranteed.