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.

506 RICHMOND Drive, St. Johns, FL 32259 (MLS# 2162286)

506 RICHMOND Drive, St. Johns, FL 32259

$259,999

Virtual Tour

https://www.zillow.com/view-imx/626008a2-51c8-4ce9-a56d-ec57941a271b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,548 Lot Size (sq. ft.): 2,178 Status: Active Under Contract

Current Price: $259,999 List Date: 10/22/2026 Last Modified: 10/22/2026

Overview

Description

UPDATED, MOVE-IN READY & PRICED AT $264,900! Enjoy low-maintenance living in the sought-after Durbin Crossing community, where resort-style amenities, everyday convenience, and major 2026 upgrades come together at an exceptional value! This 3-bedroom, 2.5-bath townhome offers 1,548 square feet of thoughtfully designed living space, a one-car garage, private driveway, and screened lanai overlooking shared green space. Tucked toward the end of a quiet street, the building enjoys a desirable setting with adjacent green space and nearby preserve. Big-ticket updates are already DONE! A brand-new 2026 HVAC system with transferable 10-year warranty, Samsung refrigerator, washer and dryer, and Whirlpool dishwasher offer added value and peace of mind. Inside, the open living and dining areas flow into an eat-in kitchen with island, while a convenient drop zone, under-stair pantry, and half bath make everyday living easy. Upstairs, the spacious primary suite features a walk-in closet, double

Supplements: vanity, separate shower, and oversized soaking tub. Two additional bedrooms, a full guest bath, and upstairs laundry complete the floor plan. Step outside to your screened lanai with privacy fencing between units, or take advantage of Durbin Crossing's incredible amenities, including resort-style pools, fitness centers, tennis and pickleball courts ... (Read more)

Listing Details MLS# 2162286

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1548
Living Area Source: Public Records
Year Built: 2017
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.05
Association YN: Yes
Association Fee: 226.74
Association Fee Frequency: Monthly
Association Fee 2: 50.25
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1664.51
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From I95 take exit 333 to Fl 9B S toward County Rd 2209 - Merge onto Fl -9B Exit onto St Johns Parkway. Turn right into Richmond Park Dr and the property is on the left.
Public Remarks: UPDATED, MOVE-IN READY & PRICED AT $264,900! Enjoy low-maintenance living in the sought-after Durbin Crossing community, where resort-style amenities, everyday convenience, and major 2026 upgrades come together at an exceptional value! This 3-bedroom, 2.5-bath townhome offers 1,548 square feet of thoughtfully designed living space, a one-car garage, private driveway, and screened lanai overlooking shared green space. Tucked toward the end of a quiet street, the building enjoys a desirable setting with adjacent green space and nearby preserve. Big-ticket updates are already DONE! A brand-new 2026 HVAC system with transferable 10-year warranty, Samsung refrigerator, washer and dryer, and Whirlpool dishwasher offer added value and peace of mind. Inside, the open living and dining areas flow into an eat-in kitchen with island, while a convenient drop zone, under-stair pantry, and half bath make everyday living easy. Upstairs, the spacious primary suite features a walk-in closet, double
List Price/SqFt: 167.96

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Refrigerator; Washer Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Central; Electric Water Source: Public Construction Materials: Stucco Patio And Porch Features: Covered; Rear Porch; Screened Parking Features: Attached; Garage Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Maintenance Structure Community Features: Sidewalks Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing