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.

43 DOWNING Drive, St. Johns, FL 32259 (MLS# 2161204)

43 DOWNING Drive, St. Johns, FL 32259

$249,000

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Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,206 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $249,000 List Date: 8/22/2026 Last Modified: 10/20/2026

Overview

Description

Priced below appraised value! Skip the construction timeline and step into this move-in-ready RiverTown townhome built in 2026. Located in The Meadows at RiverTown, this 2-bedroom, 2.5-bath home offers 1,206 square feet of thoughtfully designed, low-maintenance living. The open-concept main level features a bright great room, dining area and modern kitchen with a large island, breakfast bar, pantry and stainless steel appliances. Upstairs, the spacious primary suite includes a walk-in closet and private ensuite bath. The second bedroom offers flexibility for guests, a home office or workout space. Already completed finishing touches include cabinet hardware, ceiling fans, towel holders and additional personal upgrades throughout, making it easy to unpack and settle in.

Supplements: Enjoy RiverTown's resort-style amenities along the St. Johns River, including multiple community pools, a clubhouse, fitness center, basketball, pickleball and tennis courts, dog parks, playgrounds, scenic parks, walking and jogging trails, and preserved green spaces. Conveniently located near St. Johns County schools, shopping, dining and everyday ... (Read more)

Listing Details MLS# 2161204

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1206
Living Area Source: Appraiser
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.03
Association YN: Yes
Association Fee: 514
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1172
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2026-08-21
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Southwest
Directions: From I95, take Exit 329 for County Road 210 west toward Green Cove Springs, continue straight onto Greenbriar Road, and turn left onto Longleaf Pine Parkway into the RiverTown community to find Downing Drive
Public Remarks: Priced below appraised value! Skip the construction timeline and step into this move-in-ready RiverTown townhome built in 2026. Located in The Meadows at RiverTown, this 2-bedroom, 2.5-bath home offers 1,206 square feet of thoughtfully designed, low-maintenance living. The open-concept main level features a bright great room, dining area and modern kitchen with a large island, breakfast bar, pantry and stainless steel appliances. Upstairs, the spacious primary suite includes a walk-in closet and private ensuite bath. The second bedroom offers flexibility for guests, a home office or workout space. Already completed finishing touches include cabinet hardware, ceiling fans, towel holders and additional personal upgrades throughout, making it easy to unpack and settle in.
List Price/SqFt: 206.47

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: No Rentals Allowed Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked Interior Features: Breakfast Bar; Guest Suite; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Vinyl Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: Fire Alarm; Smoke Detector(s) Construction Materials: Frame Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: Additional Parking; Attached Carport; Guest; Off Street Water Body Access Type: Association; Community; Shared Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds Community Features: Restaurant; Sidewalks; Suburban Road Surface Type: Concrete Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan