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.

545 DRY BRANCH Way, Jacksonville, FL 32259 (MLS# 2166301)

545 DRY BRANCH Way, Jacksonville, FL 32259

$1,895

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,612 Lot Size (sq. ft.): 1,742 Status: Active

Current Price: $1,895 List Date: 9/24/2026 Last Modified: 11/03/2026

Overview

Description

#3 bedroom, 2 1/2 baths. New paint and carpet. On lock box call agent for code. Must gove 24 hr to show.

Supplements: The listing office is not open on weekends, call-listing agent. The listing agent does not do showing assistance, call her cell. Each occupant 18 and older must apply. All applicants must pass a background check.

Listing Details MLS# 2166301

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1612
Living Area Source: Appraiser
Year Built: 2004
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.04
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Senior Community YN: No
Directions: South on Race Track Rd. (SR13) Left on Quails Run(Riverside Sub.) Right on Beech Brook Way, left on Drybrqanch Way. Townhome is down on the left almust to the stop sign.
Public Remarks: #3 bedroom, 2 1/2 baths. New paint and carpet. On lock box call agent for code. Must gove 24 hr to show.
List Price/SqFt: 1.18

Property Features

Owner Pays: None Levels: Two Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Ceiling Fan(s); Eat-in Kitchen; Kitchen Island; Primary Bathroom - Shower No Tub Laundry Features: Electric Dryer Hookup; Upper Level; Washer Hookup Patio And Porch Features: Rear Porch; Screened Association Amenities: Community Pool; Gated Water Source: Public Parking Features: Other Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) View: Pond Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Road Frontage Type: City Street Additional Fee Includes: Lease Prep Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Rental Service: Other
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2026-09-24
Lease Term: 12 Months
Availability Date: 2026-09-24

Location Tax and Legal

Street Number: 545
Street Name: DRY BRANCH
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Riverside

Status Change Information

Major Change Timestamp: 2026-11-03T14:41:02Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T14:41:02Z

Accessory Dwelling Information

Dwelling Type: Other
ADU Attached Y/N: No
Bathrooms: 2

More Information

Deposits and Fees

Application Fee: 75
Security Deposit: 1995

Listing Office: WALTER WILLIAMS PROPERTIES, INC

Last Updated: November - 03 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare