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.

121 BROADBRANCH Way, St. Johns, FL 32259 (MLS# 2140842)

121 BROADBRANCH Way, St. Johns, FL 32259

$3,300

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,880 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $3,300 List Date: 4/22/2026 Last Modified: 5/07/2026

Overview

Description

This 4-bed, 3-bath home overlooking a large pond is available for a one-year lease. The interior features a formal dining room, an office with French doors, and an open-concept great room with high ceilings. The kitchen includes stainless steel appliances, tons of cabinets, a center island with a reverse osmosis faucet, and a walk-in pantry. The main floor hosts the primary suite with dual walk-in closets, plus two additional bedrooms. The second floor offers a versatile living (play/movie loft) area along with a fourth bedroom and bath. Outdoor features include a screened lanai/patio, a fenced backyard, and a two-car garage with extra storage. Walk/bike to Patriot Oaks Academy (K-8), Durbin Crossing ball park and the amazing amenities center which included tennis, park, pool, waterslide, fitness center and so much more. Easy access to CR210, 9B, St. Johns Parkway, 95 and Durbin Pavilion with shops and restaurants. Check out the video! Schedule your showing today!!

Listing Details MLS# 2140842

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2880
Living Area Source: Appraiser
Year Built: 2013
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.19
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From 95 South take 9B and exit onto St. Johns Pkwy. Make a left onto Russell Sampson Rd. Take another left onto Islesbrook Pkwy (at Patriot Oaks Academy.) Make a left onto Ellsworth Circle and finally a right onto Broadbranch. Property will be the 5th on the right.
Public Remarks: This 4-bed, 3-bath home overlooking a large pond is available for a one-year lease. The interior features a formal dining room, an office with French doors, and an open-concept great room with high ceilings. The kitchen includes stainless steel appliances, tons of cabinets, a center island with a reverse osmosis faucet, and a walk-in pantry. The main floor hosts the primary suite with dual walk-in closets, plus two additional bedrooms. The second floor offers a versatile living (play/movie loft) area along with a fourth bedroom and bath. Outdoor features include a screened lanai/patio, a fenced backyard, and a two-car garage with extra storage. Walk/bike to Patriot Oaks Academy (K-8), Durbin Crossing ball park and the amazing amenities center which included tennis, park, pool, waterslide, fitness center and so much more. Easy access to CR210, 9B, St. Johns Parkway, 95 and Durbin Pavilion with shops and restaurants. Check out the video! Schedule your showing today!!
List Price/SqFt: 1.2
Sold Price/SqFt: 1.15

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Pest Control; Roof Maintenance Architectural Style: Contemporary Levels: One and One Half Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Laundry Features: In Unit Smart Home Features: Irrigation; Smoke Detector Patio And Porch Features: Covered; Front Porch; Patio; Screened Spa Features: Community Association Amenities: Barbecue; Basketball Court; Clubhouse; Community Pool; Fitness Center; Park; Pickleball; Playground; Tennis Court(s) Community Features: Suburban Water Source: Public Parking Features: Garage; Garage Door Opener Sewer: Private Sewer Security Features: Smoke Detector(s) View: Pond Waterfront Features: Pond Fencing: Back Yard; Fenced; Wrought Iron Utilities: Cable Not Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Rent Includes: Gardener Tenant Pays: All Utilities; Cable TV; Electricity; Sewer; Trash Collection Pets Allowed: Yes; Breed Restrictions; Call; Dogs OK; Size Limit

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-04-02
Lease Term: 12 Months
Availability Date: 2026-04-22

Location Tax and Legal

Street Number: 121
Street Name: BROADBRANCH
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Durbin Crossing

Status Change Information

Major Change Timestamp: 2026-05-07T12:32:39Z
Major Change Type: Status Change
Purchase Contract Date: 2026-05-05
Close Date: 2026-05-06
Close Price: 3300

Deposits and Fees

Additional Fee: 150
Application Fee: 75
Pet Fee/Deposit: 250
Security Deposit: 3450

More Information

Pets Allowed

Maximum Weight Allowed: 50

Listing Office: CONCIERGE MANAGEMENT & REALTY

Last Updated: May - 07 - 2026

Information deemed reliable but not guaranteed.