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.

49 MALLOW Court, St. Johns, FL 32259 (MLS# 2119319)

49 MALLOW Court, St. Johns, FL 32259

$1,105,000

Virtual Tour

https://my.matterport.com/show/?m=v6drvBva7iN&brand=0&mls=1&

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,612 Lot Size (sq. ft.): 27,007 Status: Closed

Current Price: $1,105,000 List Date: 1/22/2026 Last Modified: 2/28/2026

Overview

Description

Welcome to this stunning former model home in RiverTown, a premier community along the St. Johns River. Featuring 5 spacious bedrooms and 3.5 baths, this residence blends elegance, comfort, and functionality for the ultimate Florida lifestyle. Inside, enjoy sun-filled living spaces, an open-concept design, and high-end finishes throughout. The primary suite is a true retreat, complete with a spa-inspired bathroom boasting a huge walk-in shower and a freestanding soaking tub—perfect for unwinding after a long day. Step outside to your screen-enclosed pool overlooking an oversized backyard and tranquil preserve views, offering privacy and relaxation in your own backyard oasis. Living in RiverTown means access to three amenity centers, with resort-style pools, a lazy river, two fitness centers, playgrounds, dog parks, scenic trails, and breathtaking views of the St. Johns River. It's more than a home—it's a lifestyle.

Listing Details MLS# 2119319

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3612
Living Area Source: Builder
Year Built: 2017
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.62
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
Association Name: RiverTown Homeowners Association
CDD Fee YN: Yes
CDD Fee Amount: 4119.85
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Coming from I-95, take Exit 329 for CR 210 toward Green Cove Springs, West onto CR 210, continue straight onto Greenbriar Rd, turn left on Longleaf Pine Pkwy, turn right onto Rivertown Main St., turn right onto Mallow Ct.
Public Remarks: Welcome to this stunning former model home in RiverTown, a premier community along the St. Johns River. Featuring 5 spacious bedrooms and 3.5 baths, this residence blends elegance, comfort, and functionality for the ultimate Florida lifestyle. Inside, enjoy sun-filled living spaces, an open-concept design, and high-end finishes throughout. The primary suite is a true retreat, complete with a spa-inspired bathroom boasting a huge walk-in shower and a freestanding soaking tub—perfect for unwinding after a long day. Step outside to your screen-enclosed pool overlooking an oversized backyard and tranquil preserve views, offering privacy and relaxation in your own backyard oasis. Living in RiverTown means access to three amenity centers, with resort-style pools, a lazy river, two fitness centers, playgrounds, dog parks, scenic trails, and breathtaking views of the St. Johns River. It's more than a home—it's a lifestyle.
List Price/SqFt: 318.38
Sold Price/SqFt: 305.92

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Plumbed For Ice Maker; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Butler Pantry; Ceiling Fan(s); His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Sink; 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 Construction Materials: Stucco Other Structures: Shed(s) Pool Features: In Ground; Screen Enclosure; Waterfall Roof: Shingle Parking Features: Garage View: Protected Preserve Fencing: Fenced Current Use: Single Family Association Amenities: Barbecue; Basketball Court; Children's Pool; Community Pool; Dog Park; Fitness Center; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection