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.

4340 RYE Court, St. Johns, FL 32259 (MLS# 2108412)

4340 RYE Court, St. Johns, FL 32259

$465,000

Virtual Tour

https://www.zillow.com/view-imx/25fc7f3f-62ff-4036-9cb2-a072f62b818a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,790 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $465,000 List Date: 9/11/2025 Last Modified: 5/29/2026

Overview

Description

Located in the highly desirable Julington Creek Plantation, this beautifully maintained home sits on nearly a quarter-acre lot with a courtyard entry and oversized garage, and fully fenced backyard. Step inside to soaring 11-foot ceilings in the entry, dining, and living rooms, complemented by hardwood floors throughout the formal dining, formal living, and all bedrooms—no carpet anywhere. Versatile split floor plan combines open concept living with defined spaces. The kitchen features 42'' maple cabinets, stainless steel Maytag appliances, and overlooks the family room, where French doors open to a covered and screened lanai. Plantation shutters add charm in the dining room and front bedroom/office. The spacious primary suite boasts a tray ceiling, private lanai access, a large walk-in closet, and a spa-like bath with dual vanities, soaking tub, and walk-in shower. Roof (2018), HVAC (2024), Water heater (2024), Whole house water softener, Utility Sink, Irrigation System on Well.

Listing Details MLS# 2108412

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2055
Living Area Source: Public Records
Building Area Total: 2790
Year Built: 2002
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.23
Lot Size Dimensions: 50' x 124.64' x 140.11' x 124.73
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
Association Name: Julington Creek Plantation Property Owners' Assc.
Association Phone: (904) 417-7600
CDD Fee YN: Yes
CDD Fee Amount: 1384.31
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Direction Faces: North
Directions: Head West on Race Track Road. Turn Right onto Butterfly Branch (Pine Crossing). Turn right on Sparrow Branch Circle. Turn right onto Rye Court. Home is in Cul-de-sac.
Public Remarks: Located in the highly desirable Julington Creek Plantation, this beautifully maintained home sits on nearly a quarter-acre lot with a courtyard entry and oversized garage, and fully fenced backyard. Step inside to soaring 11-foot ceilings in the entry, dining, and living rooms, complemented by hardwood floors throughout the formal dining, formal living, and all bedrooms—no carpet anywhere. Versatile split floor plan combines open concept living with defined spaces. The kitchen features 42'' maple cabinets, stainless steel Maytag appliances, and overlooks the family room, where French doors open to a covered and screened lanai. Plantation shutters add charm in the dining room and front bedroom/office. The spacious primary suite boasts a tray ceiling, private lanai access, a large walk-in closet, and a spa-like bath with dual vanities, soaking tub, and walk-in shower. Roof (2018), HVAC (2024), Water heater (2024), Whole house water softener, Utility Sink, Irrigation System on Well.
List Price/SqFt: 228.66
Sold Price/SqFt: 226.28

Property Features

Architectural Style: Traditional Levels: One Rental Restrictions: 3 Months Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Stucco; Other Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Screened Roof: Shingle Parking Features: Attached; Covered; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Dead End Street; Irregular Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard; Privacy; Vinyl; Wood Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Management - Full Time; Management - Off Site; Park; Pickleball; Playground; Tennis Court(s) Road Frontage Type: County Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Other Room Types: Bathroom 2; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Living Room; Primary Bathroom; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-09-11

Location Tax and Legal

Street Number: 4340
Street Name: RYE
Street Suffix: Court
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: 2025-11-13T19:28:42Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-01T19:35:14Z
Purchase Contract Date: 2025-10-10
Close Date: 2025-11-12
Close Price: 465000

DPR Eligible

DPR Eligible: No

More Information

Room Types

Bathroom 2 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bathroom Level: Main
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width	Remarks
Dining Room	Main	11.42	10.42
Living Room	Main	22.83	14.83
Kitchen	Main	20.42	11.67
Family Room	Main	17.83	13.33
Primary Bedroom	Main	17.08	15.50
Primary Bathroom	Main	21.17	8.33
Bedroom 2	Main	11.50	10.58
Bathroom 2	Main	7.83	7.25
Bedroom 3	Main	14.08	10.50
Bedroom 4	Main	11.17	9.42	Bedroom 4/Office

Documents

Survey - 09-21-2015 ›

Sellers Property Disclosure ›

HVAC Warranty - Lennox ›

Floor Plan - 4340 Rye Court ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: May - 29 - 2026

Information deemed reliable but not guaranteed.