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.

537 CARAWAY Court, St. Johns, FL 32259 (MLS# 2005078)

537 CARAWAY Court, St. Johns, FL 32259

$975,000

Virtual Tour

https://www.zillow.com/view-imx/b87f4bd0-053f-48a9-86ce-9d1060a8d425?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,675 Lot Size (sq. ft.): 25,700 Status: Closed

Current Price: $975,000 List Date: 1/24/2024 Last Modified: 8/07/2026

Overview

Description

One of a kind POOL home nestled in TOTAL privacy at the end of the cul-de-sac in one of Julington Creek's most desired neighborhoods. The owners have constantly updated and cared for this home over the years and it shows! Flexible floor plan has a multitude of options for any living situation. Primary suite, office and another bedroom with full bath on the first floor and 3 HUGE secondary bedrooms, 2 more bathrooms and large bonus room on the 2nd floor. Hardwood floors throughout all the living areas on the main floor and so many architectural details: crown molding, 2 story windows, octagonal trey ceiling, multiple vaulted ceilings and 4 bay windows! Kitchen updated with newer countertops/backsplash, double ovens, separate microwave and cooktop. The casual dining area is cozy with a built in banquet that overlooks the tranquil backyard, which is an entertainers paradise! This is truly the jewel of the home and has provided so much joy over the years. This property is a must see!

Supplements: Family room has a 2 story stone fireplace with custom built ins on each side. The master bath has been updated with travertine floors, frameless shower door and convenient storage tower between the his and her sinks. Some of the other recent improvements include: interior completely repainted in 2023, exterior painted 2021, roof 2012, water heater ... (Read more)

Listing Details MLS# 2005078

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3675
Living Area Source: Appraiser
Year Built: 1998
Homestead YN: Yes
Lot Size Acres: 0.59
Association YN: Yes
Association Fee: 490
Association Fee Frequency: Annually
Association Name: Julington Creek HOA
CDD Fee YN: Yes
CDD Fee Amount: 1016.84
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: South on SR 13 and turn left on Racetrack Rd. Turn right on Durbin Creek Blvd and right on Sweetbrier Branch Ln and left on Caraway Ct. Home is at the end of the cul de sac.
Public Remarks: One of a kind POOL home nestled in TOTAL privacy at the end of the cul-de-sac in one of Julington Creek's most desired neighborhoods. The owners have constantly updated and cared for this home over the years and it shows! Flexible floor plan has a multitude of options for any living situation. Primary suite, office and another bedroom with full bath on the first floor and 3 HUGE secondary bedrooms, 2 more bathrooms and large bonus room on the 2nd floor. Hardwood floors throughout all the living areas on the main floor and so many architectural details: crown molding, 2 story windows, octagonal trey ceiling, multiple vaulted ceilings and 4 bay windows! Kitchen updated with newer countertops/backsplash, double ovens, separate microwave and cooktop. The casual dining area is cozy with a built in banquet that overlooks the tranquil backyard, which is an entertainers paradise! This is truly the jewel of the home and has provided so much joy over the years. This property is a must see!
List Price/SqFt: 265.31
Sold Price/SqFt: 265.31

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Water Heater; Microwave; Washer; Water Softener Owned; Wine Cooler Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; Guest Suite; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Laminate; Tile; Wood Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Patio And Porch Features: Awning(s); Deck; Porch; Screened Pool Features: In Ground; Pool Sweep; Screen Enclosure Spa Features: Above Ground; Private Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Cul-De-Sac; Dead End Street; Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve; Trees/Woods Fencing: Invisible Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Park; Playground; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-01-24

Location Tax and Legal

Street Number: 537
Street Name: CARAWAY
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: 2024-04-15T15:25:46Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-08T13:16:22Z
Purchase Contract Date: 2024-03-11
Close Date: 2024-04-12
Close Price: 975000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Listing Office: RE/MAX SPECIALISTS

Last Updated: August - 07 - 2026

Information deemed reliable but not guaranteed.