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.

431 OAKMOSS Drive, St. Johns, FL 32259 (MLS# 2104244)

431 OAKMOSS Drive, St. Johns, FL 32259

$696,000

Balcony in primary bedroom overloos the St. Johns River

Shores at RiverTown_Aerial Photography_1

Shores at RiverTown_Aerial Photography_2

Shores at Rivertown_St. Johns River_Suns

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,200 Status: Closed

Current Price: $696,000 List Date: 1/10/2026 Last Modified: 5/23/2026

Overview

Description

Experience riverfront living in this exclusive Ibis built by Toll Brothers, nestled in the prestigious Shores at RiverTown. Designed for those who crave luxury and lifestyle, this rare gem offers sweeping views of the St. Johns River from nearly every room. The expansive great room opens to a gourmet kitchen with abundant cabinetry and quartz countertops—perfectly suited for effortless entertaining. Slide open the glass doors to your fully extended covered lanai and unwind as the sun sets over the water. The showstopping primary suite features a wood beam ceiling and a private balcony where tranquil river vistas greet you each morning. An oversized walk-in closet and spa-inspired bath complete your retreat. A limited opportunity to purchase a private boat slip makes this offering truly one-of-a-kind. Seller offering to pay buyer's closing costs- an excellent opportunity to reduce out-of-pocket expenses. Schedule a tour today!

Listing Details MLS# 2104244

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2200
Living Area Source: Builder
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 315
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1917
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-08-30
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 lef
Public Remarks: Experience riverfront living in this exclusive Ibis built by Toll Brothers, nestled in the prestigious Shores at RiverTown. Designed for those who crave luxury and lifestyle, this rare gem offers sweeping views of the St. Johns River from nearly every room. The expansive great room opens to a gourmet kitchen with abundant cabinetry and quartz countertops—perfectly suited for effortless entertaining. Slide open the glass doors to your fully extended covered lanai and unwind as the sun sets over the water. The showstopping primary suite features a wood beam ceiling and a private balcony where tranquil river vistas greet you each morning. An oversized walk-in closet and spa-inspired bath complete your retreat. A limited opportunity to purchase a private boat slip makes this offering truly one-of-a-kind. Seller offering to pay buyer's closing costs- an excellent opportunity to reduce out-of-pocket expenses. Schedule a tour today!
List Price/SqFt: 317.73
Sold Price/SqFt: 316.36

Property Features

Architectural Style: Contemporary; Craftsman; Traditional Levels: Two Property Condition: Under Construction Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Oven; Gas Range; Instant Hot Water; Microwave; Tankless Water Heater Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Home Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Unit; Upper Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Zoned Heating: Central; Zoned Electric: 200+ Amp Service 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 Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Many Trees; Sprinklers In Front; Sprinklers In Rear View: Protected Preserve; River Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds 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: 2025-08-16

Location Tax and Legal

Street Number: 431
Street Name: OAKMOSS
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown Shores

Status Change Information

Major Change Timestamp: 2026-05-23T15:41:37Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-29T16:17:06Z
Purchase Contract Date: 2026-02-08
Close Date: 2026-04-22
Close Price: 696000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: May - 23 - 2026

Information deemed reliable but not guaranteed.