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.

534 RICHMOND Drive, St. Johns, FL 32259 (MLS# 2154457)

534 RICHMOND Drive, St. Johns, FL 32259

$1,995

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

Current Price: $1,995 List Date: 7/09/2026 Last Modified: 7/19/2026

Overview

Description

Freshly painted OPEN FLOOR PLAN featuring chef's kitchen, stop & drop area and Oasis Bath in Owner's suite. CONVENIENT to State Road 9B as well as Interstates 95 & 295. Durbin Park Town Center is located nearby for shopping. HIGHLY RATED SCHOOLS - Served by the St. Johns school district. AMENITIES - Enjoy Durbin Crossing CDD Park - pools, tot lot, fitness center, tennis courts, basketball courts, sports field and open space.

Listing Details MLS# 2154457

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
Lot Size Acres: 0.05
Association YN: Yes
Accessibility Features 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
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: Route 9B onto St. Johns Pkwy south In approximately 1/2 mile turn right onto Richmond Dr. Make 2nd right onto Richmond Dr. #534 is on the left.
Public Remarks: Freshly painted OPEN FLOOR PLAN featuring chef's kitchen, stop & drop area and Oasis Bath in Owner's suite. CONVENIENT to State Road 9B as well as Interstates 95 & 295. Durbin Park Town Center is located nearby for shopping. HIGHLY RATED SCHOOLS - Served by the St. Johns school district. AMENITIES - Enjoy Durbin Crossing CDD Park - pools, tot lot, fitness center, tennis courts, basketball courts, sports field and open space.
List Price/SqFt: 1.29
Sold Price/SqFt: 1.29

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Trash Collection Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Laundry Features: In Unit Association Amenities: Clubhouse; Community Pool; Laundry Water Source: Public Parking Features: Attached Sewer: Public Sewer Security Features: Smoke Detector(s) Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Cooling: Central Air Heating: Central; Electric Road Surface Type: Asphalt Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Pest Control; Sewer; Water Pets Allowed: Yes; Breed Restrictions; Cats OK; Dogs OK; Size Limit

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-07-08
Lease Term: 12 Months

Location Tax and Legal

Street Number: 534
Street Name: RICHMOND
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2026-07-19T02:52:12Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-17
Close Date: 2026-07-17
Close Price: 1995

Deposits and Fees

Application Fee: 65
Pet Fee/Deposit: 395
Security Deposit: 1995

More Information

Pets Allowed

Maximum Weight Allowed: 40

Documents

Application Process ›

Tenant Application ›

Listing Office: LA ROSA REALTY NORTH FLORIDA, LLC.

Last Updated: July - 19 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare