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.

185 EDGEWATER BRANCH Drive, St. Johns, FL 32259 (MLS# 1224999)

185 EDGEWATER BRANCH Drive, St. Johns, FL 32259

$645,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,366 Status: Closed

Current Price: $645,000 List Date: 5/11/2023 Last Modified: 5/12/2026

Overview

Description

Welcome home to your very own BACKYARD OASIS! This AMAZING 4/3 POOL home features incredible VIEWS of the lake, golf course (12th hole) AND preserve! You will LOVE the NEW HVAC, NEW pool motor, side-entry 3 car garage, SECLUDED screened lanai, low-maintenance coquina exterior, split floor plan, FRESH interior paint, NEW flooring in bedrooms and more! Enjoy A-Rated schools and resort-style amenities including: pools, parks/playgrounds, nature trails and so much more AND only minutes to plenty of shopping and dining options including the Durbin Town Center!

Listing Details MLS# 1224999

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2366
Living Area Source: Public Records
Year Built: 1996
Association YN: Yes
Association Fee: 420
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1018.32
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: 13 To JCP (L) Davis Pond (R) Durbin (R) Edgewater Branch
Public Remarks: Welcome home to your very own BACKYARD OASIS! This AMAZING 4/3 POOL home features incredible VIEWS of the lake, golf course (12th hole) AND preserve! You will LOVE the NEW HVAC, NEW pool motor, side-entry 3 car garage, SECLUDED screened lanai, low-maintenance coquina exterior, split floor plan, FRESH interior paint, NEW flooring in bedrooms and more! Enjoy A-Rated schools and resort-style amenities including: pools, parks/playgrounds, nature trails and so much more AND only minutes to plenty of shopping and dining options including the Durbin Town Center!
List Price/SqFt: 289.52
Sold Price/SqFt: 272.61

Property Features

Approx Parcel Size: .25 to .5 Acre Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Shell Dash Patio And Porch Features: Patio Pool Features: In Ground; Screen Enclosure Parking Features: Additional Parking View: Golf Course; Protected Preserve Waterfront Features: Lake Front; Pond Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Fitness Center; Golf Course; Jogging Path; Playground; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-05-02

Location Tax and Legal

Street Number: 185
Street Name: EDGEWATER BRANCH
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek Plan

Status Change Information

Major Change Timestamp: 2023-06-23T21:57:20Z
Major Change Type: Status Change
Purchase Contract Date: 2023-05-23
Close Date: 2023-06-23
Close Price: 645000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Covenants/Restrictions: Y, Baseball Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Side Entry Garage: Y

Room Information

Room Name
Office

Documents

Listing Office: ROUND TABLE REALTY

Last Updated: May - 12 - 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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