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.

10388 ARROW LAKES Drive E, Jacksonville, FL 32257 (MLS# 2172172)

10388 ARROW LAKES Drive E, Jacksonville, FL 32257

New Listing

$299,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,244 Lot Size (sq. ft.): 10,454 Status: Coming Soon

Current Price: $299,000 List Date: 11/03/2026 Last Modified: 11/04/2026

Overview

Description

Coming Soon listing, no showings. Beautifully renovated home in the desirable Arrow Lakes neighborhood in Mandarin! This charming 3/2 home offers 1,244 sq ft of living space, a garage, and a roof replaced in 2020. The property has undergone an impressive transformation, featuring a fully remodeled kitchen with new white shaker cabinets, countertops, backsplash, and updated fixtures. Additional upgrades include fresh interior and exterior paint, updated flooring, modern recessed lighting, new ceiling fans, and beautifully refreshed bathrooms with updated vanities and fixtures. The garage has also been refreshed, while exterior wood and siding repairs, along with updated landscaping, add to the home's curb appeal. With major improvements already completed and a fresh, modern look throughout, this beautifully updated home is ready for its next owner!

Listing Details MLS# 2172172

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1244
Living Area Source: Appraiser
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.24
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Start heading west on University Blvd W from 2916 University Blvd W, Jacksonville, FL 32217. Turn left onto San Jose Blvd and continue south toward Mandarin. Turn onto Hartley Rd, then continue toward Arrow Lakes Dr E. Follow Arrow Lakes Dr E to arrive at 10388 Arrow Lakes Drive East, Jacksonville, FL 32257.
Public Remarks: Beautifully renovated home in the desirable Arrow Lakes neighborhood in Mandarin! This charming 3/2 home offers 1,244 sq ft of living space, a garage, and a roof replaced in 2020. The property has undergone an impressive transformation, featuring a fully remodeled kitchen with new white shaker cabinets, countertops, backsplash, and updated fixtures. Additional upgrades include fresh interior and exterior paint, updated flooring, modern recessed lighting, new ceiling fans, and beautifully refreshed bathrooms with updated vanities and fixtures. The garage has also been refreshed, while exterior wood and siding repairs, along with updated landscaping, add to the home's curb appeal. With major improvements already completed and a fresh, modern look throughout, this beautifully updated home is ready for its next owner!
List Price/SqFt: 240.35

Property Features

Appliances: Other Utilities: Sewer Connected; Water Available Cooling: Central Air Heating: Central Water Source: Public Parking Features: Garage Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-11-03

Location Tax and Legal

Street Number: 10388
Street Name: ARROW LAKES
Street Suffix: Drive
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North
Subdivision Name: Arrow Lakes

Status Change Information

Major Change Timestamp: 2026-11-03T22:07:26Z
Major Change Type: No Showings

More Information

Listing Office: 1 REALTY CORP

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.

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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.

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