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.

504 DRY BRANCH Way, St. Johns, FL 32259 (MLS# 1098530)

504 DRY BRANCH Way, St. Johns, FL 32259

$215,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,503 Status: Closed

Current Price: $215,000 List Date: 3/10/2021 Last Modified: 7/16/2026

Overview

Description

Great location with gated community in St. John's County! Upgrades Include: NEW luxury vinyl plank flooring, Fully UPGRADED kitchen including quartz countertops and beautifully redone cabinetry, NEW screened patio & fence, NEW water softner, HVAC & airducts recently serviced, and NEW garage door operation. Come see this 2 Bedroom 2.5 Bathroom Townhouse with attached garage. An elegant stairway leads to master suite, additional bedroom, full bath, and laundry room. Landscaping and maintenance are included! Enjoy the subdivision pool and clubhouse as well as the amenities of Julington Creek Plantation. Community Pools, tennis courts, volleyball, gym, skate park, basketball courts. Football, baseball, and soccer fields located within 2miles of Racetrack Rd. *Boaters* JC Marina within 5 miles

Supplements: miles

Listing Details MLS# 1098530

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1503
Living Area Source: Public Records
Year Built: 2004
Association YN: Yes
Association Fee: 181
Association Fee Frequency: Monthly
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 463.09
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From I 295 head South on State Road 13, turn left onto Racetrack Rd, Left on Quail Run Way into Riverside gated community, turn right on Beech Brook St, turn right on Dry Branch Way, home is on left.
Public Remarks: Great location with gated community in St. John's County! Upgrades Include: NEW luxury vinyl plank flooring, Fully UPGRADED kitchen including quartz countertops and beautifully redone cabinetry, NEW screened patio & fence, NEW water softner, HVAC & airducts recently serviced, and NEW garage door operation. Come see this 2 Bedroom 2.5 Bathroom Townhouse with attached garage. An elegant stairway leads to master suite, additional bedroom, full bath, and laundry room. Landscaping and maintenance are included! Enjoy the subdivision pool and clubhouse as well as the amenities of Julington Creek Plantation. Community Pools, tennis courts, volleyball, gym, skate park, basketball courts. Football, baseball, and soccer fields located within 2miles of Racetrack Rd. *Boaters* JC Marina within 5 miles
List Price/SqFt: 133
Sold Price/SqFt: 143.05

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Water Softener Owned Interior Features: Kitchen Island; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener; Secured Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Maintenance Grounds; Playground; Tennis Court(s); Trash Association Fee Includes: Pest Control Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2021-03-08

Location Tax and Legal

Street Number: 504
Street Name: DRY BRANCH
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2021-04-09T00:46:45Z
Major Change Type: Status Change
Purchase Contract Date: 2021-03-11
Close Date: 2021-04-08
Close Price: 215000

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Football Field(s): Y, Self Cleaning Oven: Y, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Sliding Glass Door(s): Y, Structure Slab: Y, Fenced Partial: Y, Rual Lot Location: Y
Public Historical Remarks 3: Intermediate School: Other

More Information

Room Information

Room Name
Family Room
Utility Room

Documents

Seller's Disclosure ›

Listing Office: MOMENTUM REALTY

Last Updated: July - 16 - 2026

Information deemed reliable but not guaranteed.