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.

1120 ORANGE BRANCH Trail, St. Johns, FL 32259 (MLS# 2154449)

1120 ORANGE BRANCH Trail, St. Johns, FL 32259

$509,900

Virtual Tour

https://www.zillow.com/view-imx/8684d462-ea6f-4ed8-bfa7-c03cc7db5d4c?initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,268 Status: Closed

Current Price: $509,900 List Date: 7/16/2026 Last Modified: 8/08/2026

Overview

Description

This beautifully designed RiverTown home offers an assumable VA mortgage at just 3.5%! Inside you'll find a welcoming open layout with a spacious kitchen that flows into the main living areas, a private owner's suite with a custom walk in closet, 2 additional bedrooms, and a flex room with french doors that's perfect for a home office, playroom, or guest space. Whether you're enjoying a quiet morning on the screened lanai, hosting friends, or simply unwinding at the end of the day, this home offers the comfort and versatility you're looking for. Outside your front door, you'll enjoy your days spent by the community pool, exploring miles of scenic trails, kayaking on the St. Johns River, playing pickleball or tennis, and connecting with neighbors at one of Rivertown's incredible amenity centers. Located in sought after St. Johns County with access to highly rated schools, shopping, dining, and recreation nearby. This is more than just a home, it's a lifestyle!

Listing Details MLS# 2154449

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2268
Living Area Source: Builder
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 55.25
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2747.51
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From 9BS Right on Longleaf Pine Pkwy. Right on Rivertown Main St, second exit at roundabout to Orange Branch Trail. Home is on the right.
Public Remarks: This beautifully designed RiverTown home offers an assumable VA mortgage at just 3.5%! Inside you'll find a welcoming open layout with a spacious kitchen that flows into the main living areas, a private owner's suite with a custom walk in closet, 2 additional bedrooms, and a flex room with french doors that's perfect for a home office, playroom, or guest space. Whether you're enjoying a quiet morning on the screened lanai, hosting friends, or simply unwinding at the end of the day, this home offers the comfort and versatility you're looking for. Outside your front door, you'll enjoy your days spent by the community pool, exploring miles of scenic trails, kayaking on the St. Johns River, playing pickleball or tennis, and connecting with neighbors at one of Rivertown's incredible amenity centers. Located in sought after St. Johns County with access to highly rated schools, shopping, dining, and recreation nearby. This is more than just a home, it's a lifestyle!
List Price/SqFt: 224.82
Sold Price/SqFt: 224.82

Property Features

Architectural Style: Craftsman Levels: One Appliances: Dishwasher; Disposal; Gas Range; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Electric Flooring: Carpet; Tile Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Parking Features: Garage Water Body Access Type: Association; Community Fencing: Back Yard; Vinyl Current Use: Single Family Association Amenities: Basketball Court; Clubhouse; Fitness Center; Jogging Path; Pickleball; Playground; Tennis Court(s); Other Possession: Close Of Escrow Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-07-06

Location Tax and Legal

Street Number: 1120
Street Name: ORANGE BRANCH
Street Suffix: Trail
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown

Status Change Information

Major Change Timestamp: 2026-08-08T19:29:23Z
Major Change Type: Status Change
Purchase Contract Date: 2026-07-17
Close Date: 2026-08-07
Close Price: 509900

DPR Eligible

DPR Eligible: No

More Information

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: August - 08 - 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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