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.

474 RICHMOND Drive, St. Johns, FL 32259 (MLS# 2031570)

474 RICHMOND Drive, St. Johns, FL 32259

$338,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,531 Lot Size (sq. ft.): 3,049 Status: Closed

Current Price: $338,000 List Date: 6/14/2024 Last Modified: 6/25/2026

Overview

Description

Welcome to this stunning property that truly showcases attention to detail.The refreshed neutral color paint scheme must create such a calming and elegant atmosphere, highlighting the architectural designs of the rooms and amplifying the home's unique charm. The kitchen sounds like a chef's paradise with its gleaming stainless steel appliances and functionality. And the primary bathroom with its double sinks is both practical and a separate tub and shower luxurious, offering convenience and enhancing storage space to streamline your morning routine. Overall, this home seems to effortlessly blend modern features with timeless charm, creating an inviting ambiance and cleverly designed features that prioritize comfort and luxury. It's no doubt a gem waiting to be discovered by someone who appreciates the finer things in life.

Listing Details MLS# 2031570

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1531
Living Area Source: Public Records
Year Built: 2017
Lot Size Acres: 0.07
Association YN: Yes
Association Fee: 50
Association Fee Frequency: Annually
Association Name: Durbin Crossing Master Association, Inc
CDD Fee YN: Yes
CDD Fee Amount: 1504.4
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
Senior Community YN: No
Directions: Head north on St Johns Pkwy. Turn left onto Richmond Dr. Turn right to stay on Richmond Dr
Public Remarks: Welcome to this stunning property that truly showcases attention to detail.The refreshed neutral color paint scheme must create such a calming and elegant atmosphere, highlighting the architectural designs of the rooms and amplifying the home's unique charm. The kitchen sounds like a chef's paradise with its gleaming stainless steel appliances and functionality. And the primary bathroom with its double sinks is both practical and a separate tub and shower luxurious, offering convenience and enhancing storage space to streamline your morning routine. Overall, this home seems to effortlessly blend modern features with timeless charm, creating an inviting ambiance and cleverly designed features that prioritize comfort and luxury. It's no doubt a gem waiting to be discovered by someone who appreciates the finer things in life.
List Price/SqFt: 225.34
Sold Price/SqFt: 220.77

Property Features

Levels: Two Appliances: Dishwasher; Microwave; Other Flooring: Carpet; Tile Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Pool Features: None Roof: Shingle Parking Features: Garage Current Use: Other Association Amenities: Clubhouse; Fitness Center; Park; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Townhouse
Listing Contract Date: 2024-06-14

Location Tax and Legal

Street Number: 474
Street Name: RICHMOND
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2024-09-16T19:08:06Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-25T02:16:13Z
Purchase Contract Date: 2024-08-06
Close Date: 2024-09-16
Close Price: 338000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: OPENDOOR BROKERAGE, LLC.

Last Updated: June - 25 - 2026

Broker Attribution: [email protected]

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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