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.

52 TERRA OAKS Drive, St. Johns, FL 32259 (MLS# 2129187)

52 TERRA OAKS Drive, St. Johns, FL 32259

$799,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,225 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $799,000 List Date: 2/09/2026 Last Modified: 11/06/2026

Overview

Description

Luxury, Privacy & Exceptional RiverTown Living! Situated on a premium private corner lot in The Manor at RiverTown, this exceptional home offers serene lake views from the front and private preserve views from the backyard. A beautiful blend of privacy, natural beauty, and refined Florida living. The spacious split bedroom floor plan features 4 bedrooms, 3 bathrooms, and a 3-car garage, with abundant storage and thoughtfully selected upgrades throughout. At the heart of the home, the gourmet chef's kitchen showcases an oversized island, extensive soft-close cabinetry, and stylish modern finishes, all flowing seamlessly into the main living and dining areas, perfect for everyday living and entertaining. Just beyond, the enclosed Florida room with tile flooring offers a year round retreat overlooking tranquil preserve views. When it's time to entertain, the built-in summer kitchen makes outdoor cooking effortless. With natural gas piping for grilling, you can enjoy the best of Florida's

Supplements: outdoor lifestyle without the hassle of a traditional charcoal setup.The home's impressive list of additional features includes custom ceiling beams, an in-wall retractable central vacuum system, a tankless water heater, five-speaker wired surround sound, and Gemstone exterior lighting. Beyond the home, enjoy the exceptional RiverTown lifestyle alo ... (Read more)

Listing Details MLS# 2129187

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3225
Living Area Source: Measured
Building Area Total: 3225
Year Built: 2023
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.26
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 3794.8
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From 295 south on San Jose, left onto Roberts Road, right onto Longleaf Pine Parkway, right onto Keystone Corners Blvd, right onto Terra Oaks Dr., Home is the first one on the corner.
Public Remarks: Luxury, Privacy & Exceptional RiverTown Living! Situated on a premium private corner lot in The Manor at RiverTown, this exceptional home offers serene lake views from the front and private preserve views from the backyard. A beautiful blend of privacy, natural beauty, and refined Florida living. The spacious split bedroom floor plan features 4 bedrooms, 3 bathrooms, and a 3-car garage, with abundant storage and thoughtfully selected upgrades throughout. At the heart of the home, the gourmet chef's kitchen showcases an oversized island, extensive soft-close cabinetry, and stylish modern finishes, all flowing seamlessly into the main living and dining areas, perfect for everyday living and entertaining. Just beyond, the enclosed Florida room with tile flooring offers a year round retreat overlooking tranquil preserve views. When it's time to entertain, the built-in summer kitchen makes outdoor cooking effortless. With natural gas piping for grilling, you can enjoy the best of Florida's
List Price/SqFt: 247.75

Property Features

Architectural Style: Traditional Levels: One Appliances: Dishwasher; Gas Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Composition Siding Other Structures: Outdoor Kitchen Patio And Porch Features: Covered; Front Porch; Glass Enclosed; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot View: Lake; Protected Preserve Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Restaurant; Sidewalks; Street Lights; Suburban Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Primary Bedroom; Other Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-02-08

Location Tax and Legal

Street Number: 52
Street Name: TERRA OAKS
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Manor At Rivertown

Status Change Information

Major Change Timestamp: 2026-10-17T14:02:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-17T14:02:35Z

DPR Eligible

DPR Eligible: Yes

More Information

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Dining Room Level: Main
Family Room Level: Main
Primary Bedroom Level: Main
Other Room Level: Main

Room Information

Room Name	Level	Length	Width	Remarks
Primary Bedroom	Main	14.00	17.00
Family Room	Main	19.10	17.10
Other	Main	13.00	11.10	Breakfast nook
Dining Room	Main	12.60	12.00
Bedroom 2	Main	12.00	11.10
Bedroom 3	Main	11.50	12.00
Bedroom 4	Main	12.00	11.00

Documents

Sellers property condition disclosure ›

Listing Office: PREMIER HOMES REALTY INC

Last Updated: November - 06 - 2026

Information deemed reliable but not guaranteed.