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.

512 RICHMOND Drive, St. Johns, FL 32259 (MLS# 2138284)

512 RICHMOND Drive, St. Johns, FL 32259

$304,500

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,640 Lot Size (sq. ft.): 3,485 Status: Closed

Current Price: $304,500 List Date: 4/03/2026 Last Modified: 5/12/2026

Overview

Description

Welcome to this beautifully maintained end-unit townhome in the desirable Durbin Crossing Townhomes community! Offering 3 bedrooms and 2.5 baths, this home combines comfort, style, and convenience. The open-concept layout features a bright and inviting living area, perfect for entertaining or relaxing at the end of the day. The kitchen flows seamlessly into the dining space and living room, creating an ideal setup for everyday living. Upstairs, the generous primary suite includes a private bath, while 2 additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the added privacy and natural light that comes with an end-unit, along with the convenience of a two-car garage. Located in a prime area with easy access to 9A, County Road 210, and Racetrack Road. Zoned for A-rated St Johns County Schools, this home offers both location and lifestyle. Don't miss this opportunity to own in one of the area's most sought-after neighborhoods

Listing Details MLS# 2138284

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1640
Living Area Source: Assessor
Year Built: 2017
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.08
Association YN: Yes
Association Fee: 226.74
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1598
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: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Southwest
Directions: From St Johns Parkway enter the community on Richmond Drive and follow it around until you reach the property.
Public Remarks: Welcome to this beautifully maintained end-unit townhome in the desirable Durbin Crossing Townhomes community! Offering 3 bedrooms and 2.5 baths, this home combines comfort, style, and convenience. The open-concept layout features a bright and inviting living area, perfect for entertaining or relaxing at the end of the day. The kitchen flows seamlessly into the dining space and living room, creating an ideal setup for everyday living. Upstairs, the generous primary suite includes a private bath, while 2 additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the added privacy and natural light that comes with an end-unit, along with the convenience of a two-car garage. Located in a prime area with easy access to 9A, County Road 210, and Racetrack Road. Zoned for A-rated St Johns County Schools, this home offers both location and lifestyle. Don't miss this opportunity to own in one of the area's most sought-after neighborhoods
List Price/SqFt: 188.41
Sold Price/SqFt: 185.67

Property Features

Architectural Style: Traditional Levels: Two Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Ice Maker; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Kitchen Island; Primary Bathroom - Shower No Tub Flooring: Carpet; Laminate; Tile Laundry Features: Electric Dryer Hookup; Upper Level; Washer Hookup Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Patio And Porch Features: Porch; Rear Porch; Screened Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear View: Other Current Use: Multi-Family; Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Park; Playground Community Features: Curbs; Sidewalks; Street Lights; Suburban Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan