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.

560 STERNWHEEL Drive, St. Johns, FL 32259 (MLS# 2125296)

560 STERNWHEEL Drive, St. Johns, FL 32259

$635,000

Virtual Tour

https://my.matterport.com/show/?m=9rwvhDeTFuK

RiverTown Pool overlooking St. Johns Riv

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,618 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $635,000 List Date: 1/22/2026 Last Modified: 2/25/2026

Overview

Description

Welcome to 560 Sternwheel Drive, a rare find in MainStreet within the sought after RiverTown community, ideally situated across from a playground and open green space. This spacious home features a front loading three car garage with a paver driveway, a preserve view backyard, and a layout that truly sets it apart. The open yet thoughtfully designed split floor plan offers four bedrooms and four full bathrooms plus a generous loft that can easily convert to a fifth bedroom, along with an office, formal dining room, and a charming breakfast nook. A screened in back porch and deck overlook a fenced backyard filled with lush greenery, creating a private and relaxing retreat ideal for entertaining. Homes of this size, location, and outdoor setting are rarely available in MainStreet. RiverTown residents enjoy resort style amenities including pools, dining options, courts, trails, dog parks, and the RiverLodge with a lazy river.

Listing Details MLS# 2125296

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 2618
Living Area Source: Public Records
Year Built: 2013
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.24
Association YN: Yes
Association Fee: 53
Association Fee Frequency: Annually
Association Name: Floridian Property Management
CDD Fee YN: Yes
CDD Fee Amount: 3286.52
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
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Head south on State Road 13 and enter the RiverTown community at the roundabout. Take the first right onto Kendall Crossing and continue through the stop sign. Turn left onto Sternwheel Dr, and your destination will be on the right, located directly across from the playground.
Public Remarks: Welcome to 560 Sternwheel Drive, a rare find in MainStreet within the sought after RiverTown community, ideally situated across from a playground and open green space. This spacious home features a front loading three car garage with a paver driveway, a preserve view backyard, and a layout that truly sets it apart. The open yet thoughtfully designed split floor plan offers four bedrooms and four full bathrooms plus a generous loft that can easily convert to a fifth bedroom, along with an office, formal dining room, and a charming breakfast nook. A screened in back porch and deck overlook a fenced backyard filled with lush greenery, creating a private and relaxing retreat ideal for entertaining. Homes of this size, location, and outdoor setting are rarely available in MainStreet. RiverTown residents enjoy resort style amenities including pools, dining options, courts, trails, dog parks, and the RiverLodge with a lazy river.
List Price/SqFt: 242.55
Sold Price/SqFt: 242.55

Property Features

Levels: Two Appliances: Dishwasher; Disposal; Gas Range; Microwave; Refrigerator Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Smart Home Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Smart Home Features: Locks; Security Exterior Features: Fire Pit Patio And Porch Features: Covered; Deck; Rear Porch; Screened Parking Features: Attached; Garage Lot Features: Many Trees View: Trees/Woods Fencing: Back Yard Current Use: Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing