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.

22-A FARMERS BRANCH Avenue, Ponte Vedra, FL 32081 (MLS# 2087916)

22-A FARMERS BRANCH Avenue, Ponte Vedra, FL 32081

$3,200

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,093 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $3,200 List Date: 5/16/2025 Last Modified: 6/14/2025

Overview

Description

AVAILABLE June 9th **Please read carefully before inquiring** Prospective tenants must earn 3x the rental amount, have clean rental history and submit to a background and credit check. Credit Check to reflect no accounts in collections, no judgements or liens. $50 application fee per adult; $100 lease prep fee; $3500 security deposit. $300 non refundable pet fee. Lawn care included. Zoned for Pine Island Academy.

Listing Details MLS# 2087916

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2093
Living Area Source: Public Records
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.21
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Senior Community YN: No
Directions: Take Phillips Hwy (Hwy1), turn Left on Pine Island Rd, go 1.6 miles and turn left onto Crosswater Pkwy, take the 2nd exit of the traffic circle onto Crosswater Lake Dr, go 1.2 miles and turn Left onto Farmers Branch Ave
Public Remarks: AVAILABLE June 9th **Please read carefully before inquiring** Prospective tenants must earn 3x the rental amount, have clean rental history and submit to a background and credit check. Credit Check to reflect no accounts in collections, no judgements or liens. $50 application fee per adult; $100 lease prep fee; $3500 security deposit. $300 non refundable pet fee. Lawn care included. Zoned for Pine Island Academy.
List Price/SqFt: 1.67
Sold Price/SqFt: 1.53

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Grounds Care; Insurance; Repairs; Taxes Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Laundry Features: Gas Dryer Hookup; In Unit; Washer Hookup Patio And Porch Features: Patio; Screened Association Amenities: Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Pickleball; Playground; Tennis Court(s) Community Features: Sidewalks Water Source: Public Parking Features: Garage Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Additional Fee Includes: Lease Prep Rent Includes: Gardener Tenant Pays: All Utilities Pets Allowed: Breed Restrictions; Cats OK; Dogs OK; Size Limit

Contract Information

Rental Service: Other
Rental Application URL: https://betterhomesandgardens.appfolio.com/listings
Property Sub Type: Single Family Residence
Listing Contract Date: 2025-05-15
Lease Term: 12 Months
Availability Date: 2025-06-01

Location Tax and Legal

Street Number: 22-A
Street Name: FARMERS BRANCH
Street Suffix: Avenue
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Freedom Landing At Crosswater

Status Change Information

Major Change Timestamp: 2025-06-14T10:38:12Z
Major Change Type: Status Change
Purchase Contract Date: 2025-05-29
Close Date: 2025-06-14
Close Price: 3200

Deposits and Fees

Additional Fee: 100
Application Fee: 50
Association Application Fee: 50
Pet Fee/Deposit: 300
Security Deposit: 3500

More Information

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: June - 14 - 2025

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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