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.

57 ELMHURST Lane, St. Johns, FL 32084 (MLS# 2131104)

57 ELMHURST Lane, St. Johns, FL 32084

$210,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,109 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $210,000 List Date: 2/20/2026 Last Modified: 7/07/2026

Overview

Description

This beautifully upgraded townhouse in the Ravenswood community offers the perfect blend of modern style, everyday comfort, and undeniable convenience just minutes from historic downtown St. Augustine. This light-filled home benefits from its end-unit location, providing abundant natural light throughout. Custom window treatments enhance both style and comfort. Step outside to a private backyard with space and opportunity to fence in--ideal for outdoor entertaining, pets, or simply enjoying your own peaceful retreat.

Supplements: Step inside to a thoughtfully designed interior featuring upgraded lighting throughout the home, enhancing both ambiance and functionality. The stunning kitchen has been enhanced with custom countertops - including a Carrera marble backsplash, with a coordinating backsplash, and an extended kitchen island--expanded by 4 inches to provide additional ... (Read more)

Listing Details MLS# 2131104

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1109
Living Area Source: Public Records
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.06
Association YN: Yes
Association Fee: 325
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: Take I-95 South to SR16 (Exit 318). Turn left on SR16 and go about 4.4 miles. Turn right onto Varella Ave and go about a half mile and slightly turn right onto Ravenfield Rd. Turn right on Vidalia Ridge Rd. Right on Elmhurst. Townhouse will be on the left.
Public Remarks: This beautifully upgraded townhouse in the Ravenswood community offers the perfect blend of modern style, everyday comfort, and undeniable convenience just minutes from historic downtown St. Augustine. This light-filled home benefits from its end-unit location, providing abundant natural light throughout. Custom window treatments enhance both style and comfort. Step outside to a private backyard with space and opportunity to fence in--ideal for outdoor entertaining, pets, or simply enjoying your own peaceful retreat.
List Price/SqFt: 196.57
Sold Price/SqFt: 189.36

Property Features

Architectural Style: Contemporary Levels: Two Rental Restrictions: 1 Month Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Kitchen Island; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Upper Level Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Security Security Features: Smoke Detector(s) Construction Materials: Concrete Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Assigned Current Use: Multi-Family; Residential Association Fee Includes: Maintenance Grounds; Maintenance Structure; Trash Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Appraisal; Financing

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-02-09

Location Tax and Legal

Street Number: 57
Street Name: ELMHURST
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32084
MLS Area Major: 336-Ravenswood/West Augustine
Subdivision Name: Ravenswood Village

Status Change Information

Major Change Timestamp: 2026-07-07T12:45:49Z
Major Change Type: Status Change
Price Change Timestamp: 2026-04-10T19:16:54Z
Purchase Contract Date: 2026-04-02
Close Date: 2026-06-01
Close Price: 210000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: July - 07 - 2026

Information deemed reliable but not guaranteed.

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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.

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