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.

1112 BASIL BRANCH Court, St. Johns, FL 32259 (MLS# 2009265)

1112 BASIL BRANCH Court, St. Johns, FL 32259

$1,275,000

Virtual Tour

https://unbranded.youriguide.com/1112_basil_branch_ct_jacksonville_fl/

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,850 Lot Size (sq. ft.): 30,492 Status: Closed

Current Price: $1,275,000 List Date: 4/04/2024 Last Modified: 6/04/2026

Overview

Description

As you drive down the tree lined streets of Plantation Estates, arrive at your new house & walk through the front door - you will immediately understand the word 'home.' The casual elegance of this home is on display immediately upon entrance. Gorgeous grey-toned wood floors lead you into a separate office perfect for those work-from-home days! As you continue through the dining room into the kitchen it becomes apparent this home is made for entertaining. The kitchen is HUGE & beautifully updated w/ honed-quartzite countertops & updated modern cabinets. There are a total of 4 beds/4 baths, an office & a bonus room or 5th bed! The oversized outdoor oasis allows the party to flow freely between in & out! This home is truly like resort living with a hotel-sized pool that was an award winner featured on HGTV's show ''Bang for your Buck,'' w/ a jetted hot tub, fire-pit & huge fenced in backyard w/ plenty of room for a trampoline, playset even a pickleball court! All this & there

Supplements: is still space for the dogs to play or people to play catch or kick a soccer ball. When you are ready to unwind from the excitement, retreat into your 1st floor spa-inspired primary bathroom which was completely renovated in 2021! Soak away the day in the free-standing tub. Better yet, indulge yourself with the steam shower. The primary bath loo ... (Read more)

Listing Details MLS# 2009265

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3850
Living Area Source: Assessor
Year Built: 2004
Lot Size Acres: 0.7
Association YN: Yes
Association Fee: 490
Association Fee Frequency: Annually
Association Fee 2: 495
Association Fee 2 Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 1016
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: From San Jose left on Racetrack Rd, left on Flora Branch, thru guard gate, left at stop sign, left on Lombardy, right on Peppervine, right on Basil Branch to end of cul-de-sac
Public Remarks: As you drive down the tree lined streets of Plantation Estates, arrive at your new house & walk through the front door - you will immediately understand the word 'home.' The casual elegance of this home is on display immediately upon entrance. Gorgeous grey-toned wood floors lead you into a separate office perfect for those work-from-home days! As you continue through the dining room into the kitchen it becomes apparent this home is made for entertaining. The kitchen is HUGE & beautifully updated w/ honed-quartzite countertops & updated modern cabinets. There are a total of 4 beds/4 baths, an office & a bonus room or 5th bed! The oversized outdoor oasis allows the party to flow freely between in & out! This home is truly like resort living with a hotel-sized pool that was an award winner featured on HGTV's show ''Bang for your Buck,'' w/ a jetted hot tub, fire-pit & huge fenced in backyard w/ plenty of room for a trampoline, playset even a pickleball court! All this & there
List Price/SqFt: 336.36
Sold Price/SqFt: 331.17

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; 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 -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Lower Level Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Dishwasher; Irrigation; Lighting; Refrigerator Security Features: Gated with Guard; Smoke Detector(s) Patio And Porch Features: Covered; Screened Pool Features: In Ground; Salt Water; Screen Enclosure; Waterfall Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Fencing: Fenced; Vinyl; Wrought Iron Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Gated; Golf Course; Jogging Path; Park; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection