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.

197 CROSS BRANCH Drive, Ponte Vedra, FL 32081 (MLS# 2097634)

197 CROSS BRANCH Drive, Ponte Vedra, FL 32081

$5,200

Virtual Tour

https://my.matterport.com/show/?m=rLhCmshteuJ&mls=1

Property Type: Residential Lease Bedrooms: 4 Baths: 5 Square Footage: 3,414 Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $5,200 List Date: 7/09/2025 Last Modified: 7/18/2025

Overview

Description

**AVAILABLE NOW** Stunning Home in The Ranch at Twenty Mile - Nocatee! Don't miss this incredible opportunity to live in the highly sought-after The Ranch at Twenty Mile in Nocatee! This custom-designed home offers over 3,400 sq. ft. of beautifully upgraded living space, featuring 4 bedrooms, a den, an upstairs bonus room, and 4.5 bathrooms.The heart of the home is a truly gourmet kitchen—complete with abundant cabinet space, quartz countertops, stainless steel appliances, a large food prep island, and a cozy breakfast nook. Three additional guest bedrooms are located downstairs, along with a dedicated den/study off the living area. Upstairs, you'll find a spacious bonus room with its own private full bathroom—ideal for guests, a media room, or a private retreat. Pets will be considered. Please call for more information on pet policy. Lawncare is included with this rental.

Listing Details MLS# 2097634

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3414
Living Area Source: Appraiser
Year Built: 2018
Lot Size Acres: 0.33
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From Nocatee Pkwy, turn N on Palm Valley Rd @ Davis Park Rd. R on Debbies Way to 20 Mile Rd. L on Bent Trl into The Ranch at Twenty Mile. R on Cross Branch Dr. Home is 3rd on the Left
Public Remarks: **AVAILABLE NOW** Stunning Home in The Ranch at Twenty Mile - Nocatee! Don't miss this incredible opportunity to live in the highly sought-after The Ranch at Twenty Mile in Nocatee! This custom-designed home offers over 3,400 sq. ft. of beautifully upgraded living space, featuring 4 bedrooms, a den, an upstairs bonus room, and 4.5 bathrooms.The heart of the home is a truly gourmet kitchen—complete with abundant cabinet space, quartz countertops, stainless steel appliances, a large food prep island, and a cozy breakfast nook. Three additional guest bedrooms are located downstairs, along with a dedicated den/study off the living area. Upstairs, you'll find a spacious bonus room with its own private full bathroom—ideal for guests, a media room, or a private retreat. Pets will be considered. Please call for more information on pet policy. Lawncare is included with this rental.
List Price/SqFt: 1.52
Sold Price/SqFt: 1.52

Property Features

Additional Lease Terms: Other Appliances: Convection Oven; Dishwasher; Dryer; Microwave; Refrigerator; Washer Water Source: Public Parking Features: Garage Utilities: Cable Available; Electricity Available Cooling: Central Air Heating: Central Pets Allowed: Call

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-07-09
Lease Term: Other

Location Tax and Legal

Street Number: 197
Street Name: CROSS BRANCH
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 271-Nocatee North
Subdivision Name: The Ranch At Twenty Mile

Status Change Information

Major Change Timestamp: 2025-07-18T18:41:32Z
Major Change Type: Status Change
Purchase Contract Date: 2025-07-12
Close Date: 2025-07-17
Close Price: 5200

Deposits and Fees

Additional Fee: 150
Application Fee: 80
Security Deposit: 5200

More Information

Listing Office: NEST FINDERS PROPERTY MANAGEMENT

Last Updated: July - 18 - 2025

Broker Attribution: 904-204-1266

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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