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.

48 ADIRONDACK Drive, St. Johns, FL 32259 (MLS# 2112949)

48 ADIRONDACK Drive, St. Johns, FL 32259

$699,832

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,430 Status: Closed

Current Price: $699,832 List Date: 10/11/2025 Last Modified: 12/11/2025

Overview

Description

LOT 1 - The Wren features a foyer open to an expansive Great Room, dining area, and island kitchen, all filled with natural light thanks to a breathtaking 12' Multi-Sliding Glass Door leading to the covered lanai. The study is perfect for remote work or quiet reading. Primary suite is conveniently located on the 1st floor. Bath 2 upstairs features a sleek shower ILO a tub. A generous loft and 3 additional bedrooms complete the upper level, The included 3-car tandem garage provides ample room for vehicles, storage, or hobbies. RIVERTOWN is a master-planned community nestled along the pristine shores of the St Johns River. Each amenity is geared toward staying fit, meeting new friends, trying new activities, and having fun in northeast FL's sunshine. RiverTown is designed to connect its residents to the beautiful natural surroundings with neighborhood parks overlooking picturesque lakes and preserve, w/miles of trails.

Listing Details MLS# 2112949

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3430
Living Area Source: Plans
Year Built: 2025
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 4373
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-11-11
Garage YN: Yes
Garage Spaces: 2.5
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I-95, Exit 329 for CR 210 toward Green Cove Springs, West onto CR 210, continue straight onto Greenbriar Rd, turn left on Longleaf Pine Pkwy, RiverTown Welcome Center is on the right.
Public Remarks: LOT 1 - The Wren features a foyer open to an expansive Great Room, dining area, and island kitchen, all filled with natural light thanks to a breathtaking 12' Multi-Sliding Glass Door leading to the covered lanai. The study is perfect for remote work or quiet reading. Primary suite is conveniently located on the 1st floor. Bath 2 upstairs features a sleek shower ILO a tub. A generous loft and 3 additional bedrooms complete the upper level, The included 3-car tandem garage provides ample room for vehicles, storage, or hobbies. RIVERTOWN is a master-planned community nestled along the pristine shores of the St Johns River. Each amenity is geared toward staying fit, meeting new friends, trying new activities, and having fun in northeast FL's sunshine. RiverTown is designed to connect its residents to the beautiful natural surroundings with neighborhood parks overlooking picturesque lakes and preserve, w/miles of trails.
List Price/SqFt: 205.39
Sold Price/SqFt: 204.03

Property Features

Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Range; Ice Maker; Microwave; Plumbed For Ice Maker; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Smart Thermostat; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Carbon Monoxide Detector; Programmable Thermostat; Smoke Detector Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan; Other

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-10-11

Location Tax and Legal

Street Number: 48
Street Name: ADIRONDACK
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2025-12-11T14:35:13Z
Major Change Type: Status Change
Purchase Contract Date: 2025-10-12
Close Date: 2025-12-09
Close Price: 699832

DPR Eligible

DPR Eligible: No

More Information

Listing Office: MATTAMY REAL ESTATE SERVICES

Last Updated: December - 11 - 2025

Information deemed reliable but not guaranteed.