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.

50 SYDNEY Cove, St. Johns, FL 32259 (MLS# 2115707)

50 SYDNEY Cove, St. Johns, FL 32259

$3,800

Property Type: Residential Lease Bedrooms: 4 Baths: 4 Square Footage: 3,500 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $3,800 List Date: 10/30/2025 Last Modified: 4/22/2026

Overview

Description

Welcome home to this stunning Braden Craftsman in the highly sought-after Rivertown community! Enjoy peaceful living on a private lot with preserve across the street, offering a pond-to-preserve view in the back and a quiet cove setting with wonderful neighbors. This beautiful, well cared for single-story home features 4 bedrooms, 3.5 baths, and an open, light-filled layout with many upgrades. The spacious owner's suite includes a large walk-in closet and spa-like bath. In addition, there is a spacious junior suite, pocket office and separate teen retreat. Relax or entertain on the covered lanai, and take advantage of the three-car garage for extra storage. Experience resort-style living with Rivertown's trails, pools, lazy river, fitness centers, and riverfront amenities! Some pets considered with owner's approval, pet rent and deposit.

Listing Details MLS# 2115707

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2533
Living Area Source: Public Records
Building Area Total: 3500
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.16
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: Southwest
Directions: From I-95, take Exit 329 for County Road 210 and turn west. Continue onto Greenbriar Rd, turn left on Long Leaf Pine Pkwy, right on Rivertown Main St, stay right at roundabout, turn left onto Kendall Crossing Dr, right on Meadow Creek Dr then right on Sydney Cove. The home is on the right at 50 Sydney Cove, Saint Johns, FL 32259.
Public Remarks: Welcome home to this stunning Braden Craftsman in the highly sought-after Rivertown community! Enjoy peaceful living on a private lot with preserve across the street, offering a pond-to-preserve view in the back and a quiet cove setting with wonderful neighbors. This beautiful, well cared for single-story home features 4 bedrooms, 3.5 baths, and an open, light-filled layout with many upgrades. The spacious owner's suite includes a large walk-in closet and spa-like bath. In addition, there is a spacious junior suite, pocket office and separate teen retreat. Relax or entertain on the covered lanai, and take advantage of the three-car garage for extra storage. Experience resort-style living with Rivertown's trails, pools, lazy river, fitness centers, and riverfront amenities! Some pets considered with owner's approval, pet rent and deposit.
List Price/SqFt: 1.5
Sold Price/SqFt: 1.5

Property Features

Additional Lease Terms: Negotiable Owner Pays: Association Fees Architectural Style: Traditional Levels: One Appliances: Dishwasher; Gas Oven; Gas Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Covered; Front Porch; Rear Porch; Screened Association Amenities: Boat Dock; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park Water Source: Public Parking Features: Garage Sewer: Public Sewer View: Pond Waterfront Features: Pond Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Road Surface Type: Asphalt Road Frontage Type: City Street Tenant Pays: All Utilities Pets Allowed: Yes; Cats OK; Dogs OK

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/YOCjiMo
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-10-30
Lease Term: Negotiable
Availability Date: 2025-12-01

Location Tax and Legal

Street Number: 50
Street Name: SYDNEY
Street Suffix: Cove
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Haven At Rivertown

Status Change Information

Major Change Timestamp: 2025-12-03T22:27:11Z
Major Change Type: Status Change
Purchase Contract Date: 2025-12-03
Close Date: 2025-12-03
Close Price: 3800

Deposits and Fees

Security Deposit: 7600

More Information

Listing Office: REAL BROKER LLC

Last Updated: April - 22 - 2026

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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