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.

507 NARROWLEAF Drive, St. Johns, FL 32259 (MLS# 2129195)

507 NARROWLEAF Drive, St. Johns, FL 32259

$455,000

Virtual Tour

https://www.zillow.com/view-imx/893f94b8-9e8d-4d83-9c8e-0dfe6c3c00ca?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,079 Lot Size (sq. ft.): 4,356 Status: Closed

Current Price: $455,000 List Date: 2/09/2026 Last Modified: 3/16/2026

Overview

Description

Resort-style living every day in this beautiful Sebastian floor plan, perfectly positioned on a prime lot with peaceful lake views right across the street and breathtaking sunsets from the front porch. The open-concept layout is ideal for everyday living and entertaining. The light and bright kitchen features 42'' cabinets, quartz countertops, a tile backsplash, all stainless steel appliances, and a new top-of-the-line gas stove and oven, along with a large island with breakfast seating. The kitchen flows seamlessly into the dining area and spacious family room, creating a warm and inviting space to gather. Upstairs, all bedrooms are thoughtfully arranged, including a versatile bonus room perfect for a home office, playroom, or media room. The owner's suite is generously sized, offering a spacious walk-in closet and a spa-inspired owner's bath complete with a garden tub, separate walk-in shower, and dual vanity sinks. Step outside to enjoy the covered lanai, extended paver

Supplements: patio, and fully fenced backyard, ideal for relaxing or entertaining outdoors. Additional highlights include a garage with a water softener and plenty of storage, including hanging storage units. Living in RiverTown means enjoying unmatched amenities, including the RiverClub with waterfront dining, boardwalk, and Oasis pool, as well as the RiverH ... (Read more)

Listing Details MLS# 2129195

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2079
Living Area Source: Public Records
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.1
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2540.57
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: Yes
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: South on Longleaf Pine Parkway, turn right into RiverTown Main Street. At the roundabout turn onto Orange Branch Trail and take a right at Narrowleaf Dr the destination will be on the right.
Public Remarks: Resort-style living every day in this beautiful Sebastian floor plan, perfectly positioned on a prime lot with peaceful lake views right across the street and breathtaking sunsets from the front porch. The open-concept layout is ideal for everyday living and entertaining. The light and bright kitchen features 42'' cabinets, quartz countertops, a tile backsplash, all stainless steel appliances, and a new top-of-the-line gas stove and oven, along with a large island with breakfast seating. The kitchen flows seamlessly into the dining area and spacious family room, creating a warm and inviting space to gather. Upstairs, all bedrooms are thoughtfully arranged, including a versatile bonus room perfect for a home office, playroom, or media room. The owner's suite is generously sized, offering a spacious walk-in closet and a spa-inspired owner's bath complete with a garden tub, separate walk-in shower, and dual vanity sinks. Step outside to enjoy the covered lanai, extended paver
List Price/SqFt: 221.21
Sold Price/SqFt: 218.86

Property Features

Architectural Style: Traditional Levels: Two Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Patio; Rear Porch Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Lake; Pond Waterfront Features: Pond Fencing: Back Yard; Vinyl Current Use: Residential; Single Family Association Amenities: Barbecue; Basketball Court; Boat Dock; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Management - Full Time; Park; Pickleball; Playground; Security; Tennis Court(s) Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan