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.

605 BRANCH WATER Drive, St. Johns, FL 32259 (MLS# 2020633)

605 BRANCH WATER Drive, St. Johns, FL 32259

$920,000

Virtual Tour

https://www.zillow.com/view-imx/9cfd8f8c-ebfa-4564-a270-0eb34abaed28?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,505 Lot Size (sq. ft.): 40,946 Status: Closed

Current Price: $920,000 List Date: 4/18/2024 Last Modified: 4/17/2026

Overview

Description

Southern charm meets New England elegance in picturesque Bartram Plantation. Nestled on nearly an acre of land, this residence backs to a wooded nature preserve, providing a serene backdrop for everyday living. Lush front landscaping dotted with mature trees welcomes you as you step onto a long front porch perfect for watching nature and the world go by. The interior boasts elegant touches throughout, including hardwood flooring, crown molding, and soaring ceilings in the main living spaces. The heart of the home is the large open kitchen, complete with a dining bar and island, perfect for entertaining guests or enjoying a casual meal with family. A wine/coffee bar with a wine storage rack adds a touch of sophistication to the space. The home lives like a single story with a main level primary bedroom features his and hers walk-in closets, private office, two additional large bedrooms and formal living and dining rooms for easy entertaining. Upstairs, you'll find a bedroom

Supplements: and full bathroom, as well as a huge walk-in closet, offering plenty of room for guests or family members. The outdoor space is a true oasis, featuring a heated, caged/screened pool, perfect for enjoying the Florida sunshine and the wrought iron fenced yard offers plenty of room for outdoor activities. Attend A-rated St. Johns County schools and ju ... (Read more)

Listing Details MLS# 2020633

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3505
Living Area Source: Public Records
Year Built: 2004
Lot Size Acres: 0.94
Association YN: Yes
Association Fee: 125
Association Fee Frequency: Monthly
CDD Fee YN: No
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: Greenbriar Rd to Bartram Plantation Rd to South Bridge Creek Cir to Branch Water Dr
Public Remarks: Southern charm meets New England elegance in picturesque Bartram Plantation. Nestled on nearly an acre of land, this residence backs to a wooded nature preserve, providing a serene backdrop for everyday living. Lush front landscaping dotted with mature trees welcomes you as you step onto a long front porch perfect for watching nature and the world go by. The interior boasts elegant touches throughout, including hardwood flooring, crown molding, and soaring ceilings in the main living spaces. The heart of the home is the large open kitchen, complete with a dining bar and island, perfect for entertaining guests or enjoying a casual meal with family. A wine/coffee bar with a wine storage rack adds a touch of sophistication to the space. The home lives like a single story with a main level primary bedroom features his and hers walk-in closets, private office, two additional large bedrooms and formal living and dining rooms for easy entertaining. Upstairs, you'll find a bedroom
List Price/SqFt: 262.48
Sold Price/SqFt: 262.48

Property Features

Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl; Wood Laundry Features: In Unit; Lower Level; Sink Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air; Electric Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Patio And Porch Features: Covered; Front Porch; Patio Pool Features: In Ground; Gas Heat; Heated; Screen Enclosure Spa Features: Heated; In Ground; Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Many Trees; Sprinklers In Front; Sprinklers In Rear View: Trees/Woods Fencing: Back Yard; Wrought Iron Current Use: Residential Association Amenities: Playground Road Frontage Type: City Street Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Inspection