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.

1178 EASTWOOD BRANCH Drive, St. Johns, FL 32259 (MLS# 2148031)

1178 EASTWOOD BRANCH Drive, St. Johns, FL 32259

$700,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,557 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $700,000 List Date: 6/16/2026 Last Modified: 7/30/2026

Overview

Description

Established Julington Creek Plantation. Quiet cul-de-sac. Mature trees. Low HOA fees. Easy Jacksonville access - no new construction traffic. 5BR/4BA. Main-level primary suite opens to screened pool & spa-like bath with jetted tub and his-and-hers closets. Gourmet kitchen: granite, gas cooktop, butler pantry, abundant storage. Flows to living room with gas fireplace. Formal dining, office, Jack-and-Jill, guest cabana bath. Upstairs: 5th BR/bonus with full bath, walk-in closet, separate air conditioning unit. Updates: roof '24, water heater '25, refrigerator '25, carpet '24, water softener '24, disposal '26, HVAC (primary suite) '26. Screened pool, fenced yard, A-rated St. Johns schools. Community: two aquatic complexes, sportsplex, fitness, clubhouse, golf, trails, playgrounds.

Listing Details MLS# 2148031

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3557
Living Area Source: Public Records
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.22
Association YN: Yes
Association Fee: 580
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1426
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: Located off Race Track Rd and Bishop Estates Rd in Saint Johns, FL
Public Remarks: Established Julington Creek Plantation. Quiet cul-de-sac. Mature trees. Low HOA fees. Easy Jacksonville access - no new construction traffic. 5BR/4BA. Main-level primary suite opens to screened pool & spa-like bath with jetted tub and his-and-hers closets. Gourmet kitchen: granite, gas cooktop, butler pantry, abundant storage. Flows to living room with gas fireplace. Formal dining, office, Jack-and-Jill, guest cabana bath. Upstairs: 5th BR/bonus with full bath, walk-in closet, separate air conditioning unit. Updates: roof '24, water heater '25, refrigerator '25, carpet '24, water softener '24, disposal '26, HVAC (primary suite) '26. Screened pool, fenced yard, A-rated St. Johns schools. Community: two aquatic complexes, sportsplex, fitness, clubhouse, golf, trails, playgrounds.
List Price/SqFt: 196.51
Sold Price/SqFt: 196.8

Property Features

Levels: Two Rental Restrictions: No Minimum Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Gas Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: In Unit Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Patio And Porch Features: Covered; Front Porch; Patio; Screened Pool Features: In Ground; Fenced; Other; Screen Enclosure Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac Fencing: Fenced Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Golf Course; Park; Playground; Racquetball; Tennis Court(s); Water; Other Association Fee Includes: Other Community Features: Sidewalks; Street Lights Road Frontage Type: Other Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bonus Room; Kitchen; Living Room; Primary Bedroom